BAIC Motor Corporation Limited Proposes Final Dividend for the Year Ended 31 December 2023, Payable on 5 September 2024

BAIC Motor Corporation Limited is principally engaged in the manufacture and sales of passenger vehicles, engines and auto parts in the People’s Republic of China (the PRC). The Company operates its business through two segments. The Passenger Vehicles of Beijing Motor segment is engaged in the manufacture and sales of passenger vehicles BAIC brands and the provision of other related services. The Passenger Vehicles of Beijing Benz Automotive Co., Ltd. (Beijing Benz) segment is principally engaged in the manufacture and sales of Beijing Benz brand and the provision of related services.