BAIC Motor Corporation Limited announced that the net profit attributable to the owner of the company for the year ended December 31, 2015 is expected to decrease by approximately 26.5% as compared with the corresponding period in 2014. The company believes that the expected decrease in the results was mainly due to the overall volatility in the automobile industry in 2015, and the decline in the results of Beijing Brand and Beijing Hyundai, which in turn resulted in the decrease of profit of the company.