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 January 2020

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

January 2020 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

January

January

month

last

January

January

increase/

increase/

increase/

increase/

year

2020

2019

year

2020

2019

decrease

decrease

decrease

decrease

Guangqi Honda

Automobile Co., Ltd.

45,392

66,367

-31.60%

45,392

66,367

-31.60%

61,732

73,617

-16.14%

61,732

73,617

-16.14%

(廣汽本田汽車有限

公司)

GAC Toyota Motor

Co. Ltd.

53,671

60,627

-11.47%

53,671

60,627

-11.47%

67,620

79,700

-15.16%

67,620

79,700

-15.16%

(廣汽豐田汽車有限

公司)

1

GAC Motor Co., Ltd.

(廣汽乘用車有限公

28,900

38,648

-25.22%

28,900

38,648

-25.22%

35,688

33,896

5.29%

35,688

33,896

5.29%

)

GAC Fiat Chrysler

Automobiles

Co., Ltd.

2,099

7,552

-72.21%

2,099

7,552

-72.21%

2,064

9,217

-77.61%

2,064

9,217

-77.61%

(廣汽菲亞特克萊斯

勒汽車有限公司)

GAC Mitsubishi

Motor Co., Ltd.

6,902

7,748

-10.92%

6,902

7,748

-10.92%

8,279

12,101

-31.58%

8,279

12,101

-31.58%

(廣汽三菱汽車有限

公司)

Honda Automobile

(China) Co., Ltd.

831

1,205

-31.04%

831

1,205

-31.04%

753

1,002

-24.85%

753

1,002

-24.85%

(本田汽車(中國)

有限公司)

GAC Hino Motors

Co., Ltd.

209

188

11.17%

209

188

11.17%

135

176

-23.30%

135

176

-23.30%

(廣汽日野汽車有限

公司)

Guangzhou GAC

BYD New Energy

Passenger Vehicle

-

-

-

-

-

-

-

-

-

-

-

-

Co., Ltd.

(廣州廣汽比亞迪新

能源客車有限公司)

Total for vehicles

138,004

182,335

-24.31%

138,004

182,335

-24.31%

176,271

209,709

-15.94%

176,271

209,709

-15.94%

Wuyang-Honda

Motors (Guangzhou)

Co., Ltd.

58,816

65,312

-9.95%

58,816

65,312

-9.95%

69,539

62,559

11.16%

69,539

62,559

11.16%

(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

January

January

month

last

January

January

increase/

increase/

increase/

increase/

year

2020

2019

year

2020

2019

decrease

decrease

decrease

decrease

Passenger vehicle

137,795

182,147

-24.35%

137,795

182,147

-24.35%

176,136

209,533

-15.94%

176,136

209,533

-15.94%

Sedan

65,368

96,357

-32.16%

65,368

96,357

-32.16%

84,060

116,162

-27.64%

84,060

116,162

-27.64%

MPV

7,350

8,353

-12.01%

7,350

8,353

-12.01%

8,347

8,695

-4.00%

8,347

8,695

-4.00%

SUV

65,077

77,437

-15.96%

65,077

77,437

-15.96%

83,729

84,676

-1.12%

83,729

84,676

-1.12%

Commercial vehicle

209

188

11.17%

209

188

11.17%

135

176

-23.30%

135

176

-23.30%

Passenger vehicle

-

-

-

-

-

-

-

-

-

-

-

-

Truck

209

188

11.17%

209

188

11.17%

135

176

-23.30%

135

176

-23.30%

Total for vehicles

138,004

182,335

-24.31%

138,004

182,335

-24.31%

176,271

209,709

-15.94%

176,271

209,709

-15.94%

By order of the Board

Guangzhou Automobile Group Co., Ltd.

ZENG Qinghong

Chairman

Guangzhou, the PRC, 13 February 2020

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 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 13 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 February 2020 09:55:05 UTC