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 March 2021

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

March 2021 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

March

March

month

last

March

March

increase/

increase/

increase/

increase/

year

2021

2020

year

2021

2020

decrease

decrease

decrease

decrease

GAC Honda

Automobile Co., Ltd.

68,941

33,717

104.47%

175,727

85,456

105.63%

63,259

32,735

93.25%

181,948

102,704

77.16%

(廣汽本田汽車有限公

)

GAC Toyota Motor

Co., Ltd.

71,175

47,808

48.88%

191,623

110,411

73.55%

68,800

49,480

39.05%

200,100

122,600

63.21%

(廣汽豐田汽車有限公

)

1

GAC Motor Co., Ltd.

27,765

20,197

37.47%

73,501

46,594

57.75%

26,148

17,644

48.20%

74,259

54,478

36.31%

(廣汽乘用車有限公司)

GAC AION New

Energy Automobile

Co., Ltd.

7,178

3,561

101.57%

17,528

7,937

120.84%

7,032

3,458

103.35%

17,649

7,990

120.89%

(廣汽埃安新能源汽車

有限公司)

GAC Fiat Chrysler

Automobiles

Co., Ltd.

3,145

2,500

25.80%

6,790

5,351

26.89%

2,523

5,007

-49.61%

7,526

7,387

1.88%

(廣汽菲亞特克萊斯勒

汽車有限公司)

GAC Mitsubishi

Motor Co., Ltd.

4,419

1,600

176.19%

12,748

8,742

45.82%

6,002

2,043

193.78%

14,404

10,672

34.97%

(廣汽三菱汽車有限公

)

GAC Hino Motors

Co., Ltd.

262

150

74.67%

736

359

105.01%

335

112

199.11%

484

266

81.95%

(廣汽日野汽車有限公

)

Guangzhou GAC

BYD New Energy

Passenger Vehicle

-

-

-

-

-

-

-

-

-

190

-

-

Co., Ltd.

(廣州廣汽比亞迪新能

源客車有限公司)

Total for vehicles

182,885

109,533

66.97%

478,653

264,850

80.73%

174,099

110,479

57.59%

496,560

306,097

62.22%

Wuyang-Honda

Motors (Guangzhou)

Co., Ltd.

67,106

55,719

20.44%

196,225

128,609

52.57%

61,959

51,313

20.75%

201,469

142,110

41.77%

(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

March

March

month

last

March

March

increase/

increase/

increase/

increase/

year

2021

2020

year

2021

2020

decrease

decrease

decrease

decrease

Passenger vehicle

182,623

109,383

66.96%

477,917

264,491

80.69%

173,764

110,367

57.44%

495,886

305,831

62.14%

Sedan

77,808

60,403

28.81%

201,123

138,135

45.60%

75,002

60,996

22.96%

212,559

155,484

36.71%

MPV

10,805

4,812

124.54%

29,833

13,217

125.72%

10,154

4,936

105.71%

31,079

14,907

108.49%

SUV

94,010

44,168

112.85%

246,961

113,139

118.28%

88,608

44,435

99.41%

252,248

135,440

86.24%

Commercial vehicle

262

150

74.67%

736

359

105.01%

335

112

199.11%

674

266

153.38%

Truck

262

150

74.67%

736

359

105.01%

335

112

199.11%

484

266

81.95%

Passenger vehicle

-

-

-

-

-

-

-

-

-

190

-

-

Total for vehicles

182,885

109,533

66.97%

478,653

264,850

80.73%

174,099

110,479

57.59%

496,560

306,097

62.22%

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 April 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.

3

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Guangzhou Automobile Group Co. Ltd. published this content on 08 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 April 2021 10:17:03 UTC.