Hong Kong Exchanges and Clearing : ANNOUNCEMENT ON RESULTS OF ISSUANCE OF 2019 SUPER SHORT-TERM COMMERCIAL PAPER SERIES 10

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.

比 亞 迪 股 份 有 限 公 司

BYD COMPANY LIMITED

(A joint stock company incorporated in the People's Republic of China with limited liability)

(Stock Code: 1211)

Website: http://www.byd.com

ANNOUNCEMENT ON

RESULTS OF ISSUANCE OF 2019 SUPER SHORT-TERM

COMMERCIAL PAPER SERIES 10

The authorization to the Board to determine the proposed plan for the issuance of debt financing instrument(s) was considered and passed at the 2016 Annual General Meeting of BYD Company Limited (the "Company") held on 6 June 2017. In September 2017, the National Association of Financial Market Institutional Investors（中國銀行間市場交易商協會）issued a notice of acceptance of registration (Zhong Shi Xie Zhu [2017] No. SCP301) that the registration of issuance of Super Short-term Commercial paper with a registered amount of RMB10 billion by the Company has been accepted. For details, please refer to "the Announcement on the Approval of Registration for the Issue of Super Short-term Commercial paper" published by the Company on 29 September 2017.

The 2019 Super Short-term Commercial Paper Series 10 were issued by the Company on 1 3 August 2019. The results of the issuance are hereby announced as below:

	BYD Company Limited 2019
Name	Super Short-term Commercial	Short Name	19 BYDSCP010
	Paper Series10
Stock Code	011901841	Duration	268 days
Value Day	14 August 2019	Maturity Date	8 May 2020
Total amount	RMB2.0 billion	Actual amount	RMB2.0 billion
proposed to be	issued
Interest rates for	3.60%	Issue price	RMB100
the issuance
Lead Underwriter	China Everbright Bank Company Limited
Joint lead underwriter	Industrial and Commercial Bank of China Limited

1

The Company has applied RMB 2 billion of the whole proceeds from the issuance of the super short-term Commercial Paper for repayment of maturity debt financing instrument(s). The documents relating to the issue of the super short-term Commercial Paper have been published on the websites of Chinamoney.com.cn (http://www.chinamoney.com.cn) and Shanghai Clearing House (http://www.shclearing.com).

By Order of the Board

BYD Company Limited

Wang Chuan-fu

Chairman

Shenzhen, PRC, 14 August 2019

As at the date of this announcement, the Board of the Company comprises Mr. Wang Chuan-fu being the executive Director, Mr. Lv Xiang-yang and Mr. Xia Zuo-quan being the non-executive Directors, and Mr. Wang Zi-dong, Mr. Zou Fei and Ms. Zhang Ran being the independent non- executive Directors.

2