BAIC Motor Corporation Limited provided earnings guidance to the shareholders and potential investors of the Company that, based on the preliminary review of the management accounts of the Group for the year ended 31 December 2018 by the Company, the net profit attributable to the equity holders of the Company for the year ended 31 December 2018 is expected to increase by more than 95% as compared with the corresponding period in 2017. The Company believes that the increase in the profit was mainly due to, among others, the continued growth of Beijing Benz's performance in 2018, the recovery of the product performance of Beijing Hyundai and self-developed products, resulting in the increase in the Group's benefits.