Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

GUANGZHOU AUTOMOBILE GROUP CO., LTD.

廣州汽車集團股份有限公司

(a joint stock company incorporated in the People's Republic of China with limited liability)

(Stock Code: 2238)

Report on Production and Sales Volume of Guangzhou Automobile Group Co., Ltd. for October 2019

The figures of production and sales volume of the major investment enterprises of Guangzhou Automobile Group Co., Ltd. (the "Company") for

October 2019 are reported as follows:

Production Volume (Units)

Sales Volume (Units)

Same

Percentage

Year-to-

Year-to-

Percentage

Same

Percentage

Year-to-

Year-to-

Percentage

Production / Sales

Month on

Year on

Month on

Year on

Current

period

date

date

Current

period

date

date

Unit

Month

Year

Month

Year

month

last

October

October

month

last

October

October

increase/

increase/

increase/

increase/

year

2019

2018

year

2019

2018

decrease

decrease

decrease

decrease

Guangqi Honda

Automobile Co., Ltd.

62,342

61,238

1.80%

620,232

606,080

2.34%

65,392

75,354

-13.22%

638,788

595,981

7.18%

(廣汽本田汽車有限

公司)

GAC Toyota Motor

Co. Ltd.

59,461

55,392

7.35%

533,690

474,097

12.57%

60,000

55,508

8.09%

556,224

477,362

16.52%

(廣汽豐田汽車有限

公司)

1

GAC Motor Co., Ltd.

(廣汽乘用車有限公

27,686

45,073

-38.58%

287,434

462,470

-37.85%

29,487

46,168

-36.13%

306,685

440,760

-30.42%

)

GAC Fiat Chrysler

Automobiles

Co., Ltd.

5,406

7,550

-28.40%

52,066

107,271

-51.46%

5,432

9,362

-41.98%

57,804

106,549

-45.75%

(廣汽菲亞特克萊斯

勒汽車有限公司)

GAC Mitsubishi

Motor Co., Ltd.

13,394

10,198

31.34%

106,315

111,331

-4.51%

11,032

10,506

5.01%

107,446

118,125

-9.04%

(廣汽三菱汽車有限

公司)

Honda Automobile

(China) Co., Ltd.

1,265

953

32.74%

11,701

10,264

14.00%

1,040

824

26.21%

11,400

10,278

10.92%

(本田汽車(中國)

有限公司)

GAC Hino Motors

Co., Ltd.

336

276

21.74%

2,568

3,573

-28.13%

307

230

33.48%

2,308

3,337

-30.84%

(廣汽日野汽車有限

公司)

Guangzhou GAC

BYD New Energy

Passenger Vehicle Co.,

-

921

-

49

4,795

-98.98%

-

1,011

-

53

4,676

-98.87%

Ltd.

(廣州廣汽比亞迪新

能源客車有限公司)

Total for vehicles

169,890

181,601

-6.45%

1,614,055

1,779,881

-9.32%

172,690

198,963

-13.20%

1,680,708

1,757,068

-4.35%

Wuyang-Honda

Motors (Guangzhou)

Co., Ltd.

90,839

64,469

40.90%

716,067

722,653

-0.91%

94,148

69,669

35.14%

711,199

696,060

2.17%

(五羊-本田摩托

(廣州)有限公司)

2

Production Volume (Units)

Sales Volume (Units)

Same

Percentage

Year-to-

Year-to-

Percentage

Same

Percentage

Year-to-

Year-to-

Percentage

Month on

Year on

Month on

Year on

Type of products

Current

period

date

date

Current

period

date

date

Month

Year

Month

Year

month

last

October

October

month

last

October

October

increase/

increase/

increase/

increase/

year

2019

2018

year

2019

2018

decrease

decrease

decrease

decrease

Passenger vehicle

169,554

180,404

-6.01%

1,611,438

1,771,513

-9.04%

172,383

197,722

-12.82%

1,678,347

1,749,055

-4.04%

Sedan

92,802

91,115

1.85%

889,711

810,334

9.80%

93,601

94,152

-0.59%

913,222

797,398

14.53%

MPV

8,813

6,893

27.85%

77,149

67,129

14.93%

9,247

6,707

37.87%

83,539

64,688

29.14%

SUV

67,939

82,396

-17.55%

644,578

894,050

-27.90%

69,535

96,863

-28.21%

681,586

886,969

-23.16%

Commercial vehicle

336

1,197

-71.93%

2,617

8,368

-68.73%

307

1,241

-75.26%

2,361

8,013

-70.54%

Passenger vehicle

-

921

-

49

4,795

-98.98%

-

1,011

-

53

4,676

-98.87%

Truck

336

276

21.74%

2,568

3,573

-28.13%

307

230

33.48%

2,308

3,337

-30.84%

Total for vehicles

169,890

181,601

-6.45%

1,614,055

1,779,881

-9.32%

172,690

198,963

-13.20%

1,680,708

1,757,068

-4.35%

By order of the Board

Guangzhou Automobile Group Co., Ltd.

ZENG Qinghong

Chairman

Guangzhou, the PRC, 8 November 2019

As at the date of this announcement, the executive directors of the Company are ZENG Qinghong and FENG Xingya, the non-executive directors of the Company are YAN Zhuangli, CHEN Maoshan, CHEN Jun, DING Hongxiang and HAN Ying, and the independent non-executive directors of the Company are FU Yuwu, LAN Hailin, LEUNG Lincheong and WANG Susheng.

3

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Guangzhou Automobile Group Co. Ltd. published this content on 08 November 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 November 2019 14:34:06 UTC