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 July 2020

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

July 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

July

July

month

last

July

July

increase/

increase/

increase/

increase/

year

2020

2019

year

2020

2019

decrease

decrease

decrease

decrease

Guangqi Honda

Automobile Co., Ltd.

92,448

63,430

45.75%

400,045

447,509

-10.61%

71,741

53,107

35.09%

390,192

454,095

-14.07%

(廣汽本田汽車有限

公司)

GAC Toyota Motor

Co. Ltd.

75,648

66,205

14.26%

385,197

355,354

8.40%

74,561

62,000

20.26%

395,449

373,224

5.95%

(廣汽豐田汽車有限

公司)

1

GAC Motor Co., Ltd.

(廣汽乘用車有限公

24,195

21,797

11.00%

157,324

202,121

-22.16%

28,293

26,596

6.38%

166,264

213,543

-22.14%

)

GAC Fiat Chrysler

Automobiles

Co., Ltd.

2,747

4,432

-38.02%

18,662

36,710

-49.16%

3,035

5,183

-41.44%

20,612

41,032

-49.77%

(廣汽菲亞特克萊斯

勒汽車有限公司)

GAC Mitsubishi

Motor Co., Ltd.

7,028

10,264

-31.53%

36,899

71,088

-48.09%

6,006

11,018

-45.49%

34,679

74,113

-53.21%

(廣汽三菱汽車有限

公司)

GAC Hino Motors

Co., Ltd.

313

220

42.27%

1,505

1,723

-12.65%

301

104

189.42%

1,320

1,557

-15.22%

(廣汽日野汽車有限

公司)

Guangzhou GAC

BYD New Energy

Passenger Vehicle

-

44

-100%

-

44

-100%

-

44

-100.00%

-

48

-100.00%

Co., Ltd.

(廣州廣汽比亞迪新

能源客車有限公司)

Total for vehicles

202,379

166,392

21.63%

999,632

1,114,549

-10.31%

183,937

158,052

16.38%

1,008,516

1,157,612

-12.88%

Wuyang-Honda

Motors (Guangzhou)

Co., Ltd.

66,405

72,315

-8.17%

370,975

451,527

-17.84%

61,785

73,810

-16.29%

382,914

448,879

-14.70%

(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

July

July

month

last

July

July

increase/

increase/

increase/

increase/

year

2020

2019

year

2020

2019

decrease

decrease

decrease

decrease

Passenger vehicle

202,066

166,128

21.63%

998,127

1,112,782

-10.30%

183,636

157,904

16.30%

1,007,196

1,156,007

-12.87%

Sedan

95,181

105,199

-9.52%

486,102

617,136

-21.23%

89,751

93,277

-3.78%

496,113

631,353

-21.42%

MPV

10,726

6,733

59.30%

48,962

49,183

-0.45%

10,974

6,804

61.29%

51,835

55,520

-6.64%

SUV

96,159

54,196

77.43%

463,063

446,463

3.72%

82,911

57,823

43.39%

459,248

469,134

-2.11%

Commercial vehicle

313

264

18.56%

1,505

1,767

-14.83%

301

148

103.38%

1,320

1,605

-17.76%

Passenger vehicle

-

44

-100%

-

44

-100%

-

44

-100%

-

48

-100%

Truck

313

220

42.27%

1,505

1,723

-12.65%

301

104

189.42%

1,320

1,557

-15.22%

Total for vehicles

202,379

166,392

21.63%

999,632

1,114,549

-10.31%

183,937

158,052

16.38%

1,008,516

1,157,612

-12.88%

By order of the Board

Guangzhou Automobile Group Co., Ltd.

ZENG Qinghong

Chairman

Guangzhou, the PRC, 7 August 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 Xiaomu, CHEN Maoshan, CHEN Jun, DING Hongxiang and HAN Ying, and the independent non-executive directors of the Company are ZHAO Fuquan, XIAO Shengfang, WONG Hakkun and SONG Tiebo.

3

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Guangzhou Automobile Group Co. Ltd. published this content on 07 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 August 2020 10:43:18 UTC