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 February 2021

The figures of production and sales volume of the major investment enterprises of Guangzhou Automobile Group Co., Ltd. (the "Company") for February 2021 are reported as follows:

Production / Sales

Unit

Production Volume (Units)

Sales Volume (Units)

Current month

Same period last year

Percentage Month on

Month increase/ decrease

Year-to-date February 2021

Year-to-date February 2020

Percentage

Year on

Year increase/ decrease

Current month

Same period last year

Percentage Month on

Month increase/ decrease

Year-to-date February 2021

Year-to-date February 2020

Percentage

Year on

Year increase/ decrease

Guangqi Honda Automobile Co., Ltd.

(廣汽本田汽車有限公 司)

43,457

5,516

687.84%

106,786

51,739

106.39%

41,064

7,484

448.69%

118,689

69,969

69.63%

GAC Toyota Motor

Co., Ltd.

(廣汽豐田汽車有限公 司)

40,670

8,932

355.33%

120,448

62,603

92.40%

41,500

5,500

654.55%

131,300

73,120

79.57%

GAC Motor Co., Ltd.

(廣汽乘用車有限公司)

14,397

512

2,711.91%

45,736

26,397

73.26%

13,711

4,095

234.82%

48,111

36,834

30.62%

GAC AION New Energy Automobile

Co., Ltd.

(廣汽埃安新能源汽車 有限公司)

2,984

1,361

119.25%

10,350

4,376

136.52%

3,244

1,583

104.93%

10,617

4,532

134.27%

GAC Fiat Chrysler

Automobiles

Co., Ltd.

(廣汽菲亞特克萊斯勒 汽車有限公司)

840

752

11.70%

3,645

2,851

27.85%

2,501

316

691.46%

5,003

2,380

110.21%

GAC Mitsubishi

Motor Co., Ltd.

(廣汽三菱汽車有限公 司)

1,342

240

459.17%

8,329

7,142

16.62%

3,002

350

757.71%

8,402

8,629

-2.63%

GAC Hino Motors

Co., Ltd.

(廣汽日野汽車有限公 司)

247

-

-

474

209

126.79%

106

19

457.89%

149

154

-3.25%

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)

-

-

-

-

-

-

-

-

-

190

-

-

Total for vehicles

103,937

17,313

500.34%

295,768

155,317

90.43%

105,128

19,347

443.38%

322,461

195,618

64.84%

Wuyang-Honda Motors (Guangzhou)

Co., Ltd.

(五羊－本田摩托（廣 州）有限公司)

42,180

14,074

199.70%

129,119

72,890

77.14%

44,205

21,258

107.95%

139,510

90,797

53.65%

Type of products

Production Volume (Units)

Sales Volume (Units)

Current month

Same period last year

Percentage Month on

Month increase/ decrease

Year-to-date February 2021

Year-to-date February 2020

Percentage

Year on

Year increase/ decrease

Current month

Same period last year

Percentage Month on

Month increase/ decrease

Year-to-date February 2021

Year-to-date February 2020

Percentage

Year on

Year increase/ decrease

Passenger vehicle

103,690

17,313

498.91%

295,294

155,108

90.38%

105,022

19,328

443.37%

322,122

195,464

64.80%

Sedan

43,566

12,364

252.36%

123,315

77,732

58.64%

44,267

10,428

324.50%

137,557

94,488

45.58%

MPV

6,391

1,055

505.78%

19,028

8,405

126.39%

5,837

1,624

259.42%

20,925

9,971

109.86%

SUV

53,733

3,894

1,279.89%

152,951

68,971

121.76%

54,918

7,276

654.78%

163,640

91,005

79.81%

Commercial vehicle

247

-

-

474

209

126.79%

106

19

457.89%

339

154

120.13%

Truck

247

-

-

474

209

126.79%

106

19

457.89%

149

154

-3.25%

Passenger vehicle

-

-

-

-

-

-

-

-

-

190

-

-

Total for vehicles

103,937

17,313

500.34%

295,768

155,317

90.43%

105,128

19,347

443.38%

322,461

195,618

64.84%

Note: The monthly production and sales figures are figures for the report on production and sales volume and are unaudited.

By order of the Board

Guangzhou Automobile Group Co., Ltd.

ZENG Qinghong

Chairman

Guangzhou, the PRC, 8 March 2021

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.

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Guangzhou Automobile Group Co. Ltd. published this content on 08 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 March 2021 09:38:04 UTC.