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【正文】 Power Systems Transportation Systems Specialty Materials NBC General Electric Overview GE Is the Only Company on Both Lists 2023 1896 American Cotton Oil American Sugar American Tobacco Chicago Gas Distilling Cattlefeeding General Electric Laclede Gas National Lead North American Tennessee Coal Iron . Leather . Rubber Alcoa American Express ATT Boeing Caterpillar Citigroup CocaCola Disney DuPont Eastman Kodak Exxon General Electric General Motors HewlettPackard Home Depot Honeywell IBM Intel International Paper Johnson Johnson . Man McDonald’ s Merck Microsoft 3M Philip Morris Procter Gamble SBC United Technologies WalMart Dow Jones Industrial Average General Electric Overview Billions of US $ 130 112 100 89 79 70 0 20 40 60 80 100 120 140 95 96 97 98 99 00 0 2 4 6 8 10 12 14 Net Ine Revenue Strong Top and Bottom Line Growth Continues 01 126 GE Performance General Electric Overview ? Diversity of Businesses ? Culture ? Financial Strength ? Growth Initiatives ? Size ? Values ? Innovation/Technology ? People A Unique Blend of Strengths What Makes GE a Winning Company? General Electric Overview All Initiatives Focus on the Customer GE’ s Growth Initiatives: GE in China A Historical Look: China is a Big Part of GE’ s Future Product sales of electric fans, refrigerators and steam lootives。 investment in power plants. Acquisition of Anderson/Meyer Trading Company, providing installation and services for the electrical industry in China. Invested in the Shanghai Electrical Power Company, the largest foreign venture in China at that time. Reestablished GE’ s business contact with China through the opening of a representative office (1981) in Beijing. GE Hangwei Medical Systems was established in Beijing the first JV of GE in China. GE (China) Co. Ltd. was established in China,acting as an investment vehicle for GE’ s projects in China, and provides services to GE’ s JVs and affiliates. Joint Ventures/Wholly Owned Foreign Enterprises/Investment Projects: 30 Today 1910 1925 1929 1981 1991 1994 2023 GE establishes research center in Shanghai as part of its Global Research anization. GE in China China Business Highlights: ? 8,400 GE employees in China ? $2 Billion revenue in 2023 ? 30% growth rate in past few years ? Sourcing from China ? Increases annually by 50 to 70% ? 200 GE Power Systems technology turbines ? Aircraft engines (CFM56) with best reliability record ? 1 technology lighting business ? 2 stateofart GE Plastics pounding plants ? Global Center of Excellence of Medical Systems ? Global Research extended to Shanghai All GE Businesses Have Activities in China GE in China Major GE Investments in China BEIJING SHANGHAI ? GE Global Research Shanghai ? GE Lighting JV ? GE Finance ? Zhabei Power JV ? GE Plastics ? GE Silicones ? GEMS Trading ? GE Breakers JV ? GE Guangdian JV ? GE Fanuc SGAE DALIAN ?Fuji/GE Motors JV ?GE Capital Dalian Center BEIJING ? GEMS Hangwei JV ? GEMS Hualun JV ? GE Global Sourcing ? GE Fanuc JV ? General Data Systems WUXI ? GEMS Ultrasound GUANGZHOU ? GE Plastics Nansha XIAMEN ? GEAE On Wing Support ? GEAE Overhaul ? GE Lighting Topstar JV HUIZHOU ? GE EDC Clipsal JV SHENZHEN ? GE Fanuc/Sinopec JV GUANGHAN ? GECAAC Engine Maintenance Training School More to Come GE in China China will be the … 1. Largest “Consumer” Market 2. 2 or 3 “Industrial” Market 3. Hottest “Healthcare” Market 4. Largest “Consumer Finance” Market 5. 1 “Aircraft” Market 6. Largest “Power” Consumer Preparing For The Future GE’ s View of China in the Next 10 Years: Global Research Organization GE Business Partners RD Sponsors Customers Suppliers Universities GE Businesses Corporate Executive Office Aircraft Engines Appliances Capital Services Industrial Systems Information Services Lighting Medical Systems Plastics Power Systems Transportation Systems NBC RD Partners GE Global Research Advanced RD for the GE Businesses Global Research Overview Niskayuna, NY – World Headquarters Shanghai, China Bangalore, India Global Research Organization One of the world’ s largest and most diversified industrial laboratories Cornerstone of GE’ s mitment to technology Founded in 1900 in Schenectady, NY by Charles Steinmetz Global Research Overview Global Research Overview Innovations: ?Digital XRay ?HighField MR ?Lexan ?Fan beam CT ?ManMade Diamonds ?Many More… Global Research Overview ? 2,100 people worldwide (750+ ) ? 12% of GE’ s total RD population ? 30% of GE’ s patents Technical Disciplines Chemistry 18% Electrical 18% Physics 9% Mechanical 17% Computer Science 17% All Other 21% GE Global Research Staff GE Technology in China ? GE Global Research – Shanghai ? GE Asia Lighting Technical Center, Shanghai ? GE Plastics Application Development Center, Shanghai ? GE Medical Systems CT, XRay Engineering, Beijing ? GE Medical Systems Ultrasound Engineering, Wuxi New, MultiBusiness Research Facility to Be Built in Zhangjiang High Tech Park in Shanghai’ s Pudong New Area. Number of Researchers Research Center Locations in China 50 80 50 150 50 Global Research Mission ? Center of GE technology ? Team with businesses to ensure leadership products and services ? Provide shortterm technical support ? Share technology across businesses ? Source the world’ s technology ? Attract and develop GE’
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