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BUSINESS LEADER’S VIEW








                                         Winning in China Excavator Market


                                        Briefly talk about the function/platform you are leading/supporting.
                                        I   am working as Managing Director, Regional Sales, China, for the Construction &

                                           Forestry business.


                                        What are the key challenges besetting our business/markets in the geography?

                                        Shrinking premium market and more competition. All Original Equipment Manufacturers
                                        (OEMs), particularly the premium brands, are taking more aggressive marketing activities
                 Yun Lang
                                        including fierce price competition. Therefore, local brands such as SANY and XuGong
         Managing Director, Regional Sales
                  China - C&F           remain the key winners while premium foreign brands lost shares notably.
                                        What investment/business/market opportunities beckon in the region?

                                        Infrastructure  investment  and  the  Belt  and  Road  Initiative  has  brought  more
                                        opportunities for C&F business in China.
             About 80% of China         What are your thoughts about seamless execution of John Deere Strategy in the
            C&F market needs are
                                        region?  How  well  is  it  equipped  to  deal  with  uncertain  and  dynamic  business
             from excavator and
                                        environment, viz. protectionism, changing regulatory environment, etc.?
           loader, and China is the
           single largest excavator     About 80 % of China C&F market needs are from excavator and loader, and China is the
             market in the world.       single largest excavator market in the world. Wining in China excavator market will help
                                        us to win the excavator market outside Americans.

                                        We have been focusing on developing below Critical Success Factors to execute John
                                        Deere Strategy: Deliver Measurable Customer Value; World-Class Distribution System;
                                        and Win in Aftermarket. We also follow the Foundational Success Factors like Distinctive
                                        Product  Quality.  Our  other  priorities  are  brand  awareness  and  cost  control  (sales  &
                                        marketing,  factory  and  materials).  We  focused  on  construction  factory  expansion  in
                                        FY 2019. We are actively engaged with Government Affairs team, AmCham and industry
                                        associations to deal with uncertain\dynamic business environment.
                                        What are the key focus areas/initiatives for business in this Financial Year?

                                        In FY 2020, we will focus on increasing sales volume and financial improvement.
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