2024 07 31 S0630517120001 S0630522020001 2 39%2%-9%25%1%-2%1%2023 330 16-60 2020 ROE ROE 2023 12%23%-4%7%2023 1 2 3 top3 1998 1.14%2022 5.32%2023/5626/2276/730 7100/3075/1305 0YCXxOqNpMmNtNpMmRpQrQ7NdNaQnPnNnPqMfQqQxPkPqQoPbRmMyRuOrRvNwMpNrR HTTP:/WWW.LONGONE.COM.CN4 Bloomberg 9%2%-9%2023 330 16-60 2017 10%-30%2022M2u1KBe36hUkhmxq2JXcPPC4iNkD3XJlIbfvIKRvuXJLH2Q6lMz+w2zOZdN0Pg9K 5 Bloomberg/2017-2023 2020 ROE ROE/ROE 2021-2022 ROE%Bloomberg 6 Bloomberg Bloomberg 10-30 2023 300 200 70 30 10 2023 2023 12%-23%-4%-7%2022 2023%7 Bloomberg Bloomberg 55%26%38%2023%8 Bloomberg%9 Bloomberg 2019 4%3%4.0 38%2.2L ERANGE|EV 5%15%7%5X290 30%3Prosuper 10 Bloomberg%Bloomberg 11 235/45R18 235/45R18 2287/1000/1069-2287 PILOT SPORT 4 4 913.5-1134 TURANZA ER33 728.25-880.5 ANX 1079-1249 P ZERO 597-705 iON evo 740-860 ES32C;695-1109 Qirin EV DC 939-1089 E01+578-989 GA5 623-916 SPORT MASTER LNC,12 Bloomberg 100.00%100.00%100.00%100.00%71.96%70.64%72.36%78.09%20.82%33.32%49.73%57.37%26.11%18.43%4.38%5.92%7.08%8.85%4.30%5.46%5.24%-2.63%-4.59%3.73%5.99%12.71%5.45%10.23%0.73%4.27%3.80%4.95%3.65%2.67%4.34%3.23%4.04%8.24%6.14%3.36%3.28%0.57%2.92%1.51%0.40%1.79%2.02%1.26%1.27%7.00%7.46%11.90%6.90%3.51%2.68%1.43%2.36%13 EPS-Bloomberg 1889,1913,1981,AirX 1992,Energy 1907,1981,Kl ber1990,Uniroyal-Goodrich2001,63;2003,XeoBib2004,ActiveWheel 2000,2001,2015,CrossClimate2017,Vision 2013,2017,PTG T l flow2015,CrossClimate2019,Uptis2018,CAMSO 2023,FlexComposite14 EPS-Bloomberg 1898,1906,1991,Aquatred Invicta GFE Wrangler GSA Eagle GSC1992,1935,Spring field Tire 1994,60%1996,Dackia50%1999,2004,Triple Tred Comfor Tred 2005,Duraseal 2008,Sport MaxxTT 2012,2001,2004,2006,2010,Concept Efficient Grip Run On Flat 2011,2011,2012,2017,2010,2014,2015,2015,2019,Raben Tire2021,Cooper Tire15 EPS-Bloomberg 1941,2012,3 2013,S 2015,Macan 2018,KINERGYASev2019,Cayenne SQ8 2019,VentusS1evo32018,ModelSolutionCo.,Ltd.2018,Reifen-Muller2019,HankookTire&Technology2022,iON,2022,IONIQ6 Q4e-tron i4 2022,2024,HanonSystems2013,2014,Laufenn2017,1979,1997,1999,2008,16 EPS-Bloomberg 1931,1937,V 1962,SteelRib1982,WinterRadial708Studless 1997,F1 1933,1961,1965,1983,Firestone 1988,FirestoneTire&RubberCompany2004,()2007,Bandag2000,2016,EXAMATION2019,Enliten2024,2019,TomTomTelematics2021,OtracoInternationalPtyLtd2021,TransenceTechnologies iTrackSolutions HTTP:/WWW.LONGONE.COM.CN18 75%19 MTD MTD 2010 1%2015/1%/2%2023 1.5%2010 2015 2019 2023 15.0%13.0%12.0%10.0%8.5%9.0%9.5%10.0%BFGoodrich 5.0%4.5%4.5%4.0%7.5%8.0%7.0%7.0%Firestone 7.5%7.5%7.0%7.0%Falken 3.0%3.0%3.5%5.5%3.5%3.5%4.5%5.0%4.5%4.0%3.5%4.0%3.0%2.0%3.0%3.0%-1.0%1.5%2.0%-1.0%1.5%)198.7 206.6 222.7 215 2010 2015 2019 2023 12.5%12.0%11.0%8.5%BFGoodrich 9.0%8.5%8.0%7.5%8.0%7.5%6.5%6.5%Firestone 6.5%7.0%6.5%6.5%7.0%7.0%7.0%6.5%Falken 2.0%1.5%3.0%4.0%1.5%1.5%2.0%2.0%3.5%3.5%4.0%4.0%3.0%2.0%2.5%3.0%-1.5%1.5%)27.6 28.8 32 34 2010 2015 2019 2023 18.0%17.5%13.5%13.5%BFGoodrich 19.5%18.0%13.5%3.5%20.0%12.5%10.0%8.5%7.0%10.0%8.5%8.5%4.0%5.0%6.0%8.0%Firestone 7.5%8.0%7.0%7.5%2.5%4.0%4.0%5.5%3.0%3.0%3.0%3.5%-2.0%2.0%2.0%-1.5%1.0%)15.2 17.3 18.9 20.220 75 1998 54.94%2022 38.94%top3 1998 1.14%2022 5.32%CR3%CR3%2110.42%9.40%4.89%8.60%2.85%5.82%0.95%0.99%0.00%2.07%2.85%3.20%3.19%5.07%-4%1%6%11%16%21%26%31%36%2019 2023 TBR 2019-2023 CR6 23.98%30.09%CR7 25.14%35.15%2023.12.31 173.5 2021.12.7 94.52023.1.1 2017.0522 IEA IEA 2023 4000 2023 58.7%IEA 2030 OEM 2022 2030 62%24%2030%232023 marklines 2023 300 242023 marklines 25 BrandFinance Brand Finance 2023 15 2023 15 HTTP:/WWW.LONGONE.COM.CN27 Wind Wind 2015 2013-2023 28 PCR()1500TBR 220PCR/1600TBR/200PCR/1350TBR/330 TBR/170PCR/800TBR/200PCR/600 1000TBR/130 50PCR/1300 300TBR/425 100/5 5 TBR/215PCR/600 2025/5 2024 年逐步投产TBR/200PCR/1000PCR/1200TBR/240PCR/850TBR/80PCR/900 1200TBR/165/PCR/200 300TBR/40 50PCR/700TBR/1502024Q22024 2025-20262025 2024 2024-2025 USITC 2023 5626/2276/730 7100/3075/1305 29 USITC 2024 1 2024 6 2.5%27.05%0.00%14.72%0.00%21.74%0.00%20.04%0.00%101.84%0.00%84.75%0.00%21.09%4.52%0.00%0.00%14.62%6.16%0.00%2.35%17.08%1.24%0.00%2.35%17.08%4.52%0.00%2.35%17.08%4.52%0.00%2.35%0.00%7.89%0.00%6.23%0.00%6.46%0.00%6.46%0.00%6.46%22.30%6.46%PCR 30 PCR/3002025H1 TBR/60/3.7 PCR/600 2025H1 PCR/12002024-2025 TBR/160/2 PCR/300TBR/50 PCR/1200 2024 PCR/1200 2026 TBR/24031 20 2023 2017 4 7 2014 1320 2022 2023 32 R&D HTTP:/WWW.LONGONE.COM.CN34-60%-40%-20%0%20%40%60%80%100%120%140%160%0501001502002502011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023-%-%2002,2006,2009,2012,2014,2013,2015,OTR2015,-2016,Goma 100%2016,2017,2019,ACTR 2016,63 2016,EcoPoint 2021,2022,2023,EV 2020,2700 2020,300 2023,95.65,37.82%;21.59 69.84%35-40%-20%0%20%40%60%80%01020304050607080902020 2021 2022 2023-%-%2007,2009,2016,737 2016,2014,2014,500 2015,2022,2023,2019,:Qirin990Pro SeasonsDragon D1D1 RapidDragon DelinteDS22022,QirinEV 2023,43.50,55.47%;8.05,62.08%36-100%0%100%200%300%400%0501001502002502016 2017 2018 2019 2020 2021 2022 2023-%-%1975,1995,2001,2002,2015,2017,ATLAS 2017,2009,ATLAS2011,2014,2015,PCR 2016,2019,2019,2022,SPORTMASTERe A52 2024,LXD988 ECO-LINE9212023,2023,47.43,23.52%;8.32 59.85%370102030405060-1958,1983,2000,2001,2002,1996,1999,30 2005,2010,2014,2005,18.00R25/E32007,27.00-492009,2016,2021,GL168A 2023,EV2016,2022,2023,34.96,36.37%38-200%0%200%400%600%800%1000%1200%01020304050602016-01 2017-01 2018-01 2019-01 2020-01 2021-01 2022-01 2023-01-%-%2002,2004,10.00R20 2018,T2019,CELIMOGA5,ZR230,XR258,TravelV12011,200 2019,2019,2019,2020,2020,2020,5XXR290 2021,XR666 XR777 XR1000 XR20002021,EV1 2024,XR980/970 2024,CAT10+2022,2022,2023,;2024,2023,31.21,61.63%;6.07,280.71%39 HTTP:/WWW.LONGONE.COM.CN41 6 300 20%6 300-20%20%6 300 20%6 300 10%6 300-10%10%6 300 10%6 300 15%6 300 5%15%6 300-5%5%6 300 5%15%6 300 15%1928 87 D 15F Http:/Http:/8621 20333275 18221959689 8610 59707105 18221959689 8621 50585608 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