Guangzhou Automobile Group Co., Ltd. provided earnings guidance for the full year ended December 31, 2015. Based on the preliminary estimations of the financial department of the company, the net profit realized and attributable to its shareholders in the year ended December 31, 2015 is expected to increase by 20% to 45%, compared with the same period last year. The company realized net profit attributable to the shareholders of the company of RMB 3,185,890,686 or RMB 0.50 per share in the same period in the last year.

Main reason for the estimated increase of results during the period is: in 2015, the core business of the company has a stable development by actively introducing new products and implementing product strategic plan in order to steadily enhance the quality and efficiency of enterprise development. The annual sales volume of independent brand passenger vehicles has a significant increase while the results of the joint venture companies have been further enhanced with the rapid development of automobile parts, commercial services, automobile credit and insurance businesses in both the up-stream and down-stream of the industry chain. Meanwhile, the operating quality of the company has further enhanced and the net profit attributable to its shareholders for the year 2015 has maintained a relatively rapid growth compared with the same period last year.