（股份代號：1958） 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚賴該等內 容而引致之任何損失承擔任何責任。 北京汽車股份有限公司 BAIC MOTOR CORPORATION LIMITED* （於中華人民共和國註冊成立的股份有限公司） 中國北京，二零二五年十月十六日 於本公告日期，董事會包括董事長兼執行董事王昊先生；非執行董事胡漢軍先生及陳宏良先生； 執行董事宋瑋先生；非執行董事彭進先生、葉芊先生、高旭先生、Kevin Walter Binder先生、 顧鐵民先生及孫力先生；以及獨立非執行董事尹援平女士、徐向陽先生、唐鈞先生、薛立品先生及 紀雪洪先生。 * 僅供識別 董事會會議通告 北京汽車股份有限公司（「本公司」）謹此宣佈，本公司將於二零二五年十月二十八日（星期二）舉行董事 會會議，藉以（其中包括）考慮及通過本公司及其附屬公司截至二零二五年九月三十日止九個月之第 三季度經營業績以及處理其他事項。 承董事會命 北京汽車股份有限公司 董事會秘書及公司秘書 于丹 ...

Group 1 - The Hong Kong automotive stocks experienced significant gains, with GAC Group leading with an increase of over 13%, followed by Geely Auto with over 4% [1] - The China Automobile Industry Association reported that the automotive production and sales in the first nine months of the year both exceeded a year-on-year growth rate of 10% [1] - The market outlook for the automotive sector is optimistic, with expectations for upward revisions in growth forecasts for 2025 due to ongoing supportive policies and high export growth [1] Group 2 - JD.com announced a collaboration with GAC Group and CATL to launch a new automotive product, which is expected to enhance market interest [1] - The new vehicle will undergo internal testing and public test drives starting at the end of October, with an official launch scheduled for November 9 [2]

Group 1 - The Hong Kong automotive stocks experienced significant gains, with GAC Group leading with an increase of over 13%, followed by Geely Auto with over 4% and several other companies also showing positive growth [1][1][1] - JD.com announced a collaboration with GAC Group and CATL to launch a new car product, with test drives scheduled for late October and an official release on November 9 [1][1][1] - The China Association of Automobile Manufacturers reported that the automotive market continued its positive trend in Q3, with production and sales growth exceeding 10% year-on-year for the first nine months [1][1][1] Group 2 - Cui Dongshu indicated that the Passenger Car Association raised its annual market forecast in August and will further adjust predictions after discussions in late October, expecting upward revisions for 2025 growth forecasts [1][1][1] - The government's policy measures, including trade-in programs and subsidies for rural areas, along with high export growth, are expected to further boost the annual forecast [1][1][1]

Group 1 - The Hong Kong automotive stocks saw significant gains, with GAC Group leading with an increase of over 13%, followed by Geely Auto with over 4% [1] - JD.com announced a collaboration with GAC Group and CATL to launch a new car product, with test drives starting at the end of October and an official release on November 9 [1] - The China Association of Automobile Manufacturers reported that the automotive market maintained a positive trend in Q3, with production and sales growth exceeding 10% year-on-year in the first nine months [1] Group 2 - Analyst Cui Dongshu indicated that the China Passenger Car Association raised its annual market forecast in August and will further adjust predictions after discussions in late October, expecting upward revisions for 2025 growth forecasts [1] - The ongoing policy measures, including trade-in programs and subsidies for rural areas, along with high export growth, are expected to further boost the annual forecast [1]

Core Viewpoint - The Hong Kong automotive stocks experienced a collective rebound, with significant gains observed in companies such as Xpeng Motors and BYD, driven by positive market expectations for the fourth quarter of the year [1] Group 1: Market Performance - Xpeng Motors and BYD saw price increases of approximately 4%, while NIO and Geely Motors rose nearly 3% [1] - Other companies like Chery Automobile, Beijing Automotive, GAC Group, Leap Motor, and Li Auto also experienced gains, albeit at lower percentages [1] Group 2: Industry Outlook - According to Cui Dongshu, Secretary-General of the China Passenger Car Association, the automotive market is expected to maintain stable growth in Q4 due to policy guidance and a strong growth foundation [1] - The adjustment of the new energy vehicle purchase tax exemption policy in 2026 is anticipated to stimulate consumer purchases before the end of the year, alongside the peak sales seasons of "Silver September and Golden October" [1] - The combination of high export growth and ongoing policy measures, such as trade-in programs and rural subsidies, is likely to lead to an upward revision of the annual market forecast [1]

Core Viewpoint - The Hong Kong automotive stocks experienced a collective rebound, with significant gains in companies like Xpeng Motors and BYD, driven by positive market expectations for the fourth quarter of the year [1] Group 1: Market Performance - Xpeng Motors (09868) and BYD (01211) both saw an increase of approximately 4%, while NIO (09866) and Geely (00175) rose nearly 3% [1] - Other companies such as Chery, Beijing Automotive, GAC Group, Leap Motor, and Li Auto also reported gains, indicating a broad recovery in the sector [1] Group 2: Industry Outlook - Cui Dongshu, Secretary-General of the Passenger Car Association, indicated that the car market is expected to maintain stable growth in Q4, supported by policy guidance and a high growth foundation [1] - The adjustment of the new energy vehicle purchase tax exemption policy in 2026 is anticipated to stimulate consumer purchases before the end of the year, alongside the traditional peak sales seasons [1] - The association has already raised its annual market expectations in August and plans to further adjust forecasts after discussions in late October, with an upward revision expected for the 2025 growth forecast [1] Group 3: Company Developments - Xpeng Motors delivered a record 41,581 smart electric vehicles in September, marking a 95% year-on-year increase [2] - NIO reported a delivery of 34,749 vehicles in September, reflecting a 64.1% year-on-year growth [2] - Geely received approval to register a debt financing tool with a total limit not exceeding 10 billion yuan, and launched the Zeekr 9X, redefining the domestic luxury SUV segment [2]

Core Insights - Beijing Automotive Group Co., Ltd. has demonstrated outstanding performance in quality operations, innovative breakthroughs, and social contributions, leading to its preliminary evaluation for inclusion in the "2024-2025 Most Respected Enterprises" by Economic Observer [1] Group 1 - The company has excelled in various metrics such as quality operations, innovation, and social contributions [1]

Core Points - The Beijing Municipal Bureau of Commerce has issued a notification regarding the application process for automobile and motorcycle export licenses for the year 2026, emphasizing the need for online submissions to enhance digital management [1][3]. Group 1: Application Process - The online application system for 2026 will open on September 29, 2025, and companies are required to submit their applications accurately [3]. - Companies must log into the export license application system to fill out the application form and upload necessary documents for review by the Beijing Municipal Bureau of Commerce [1][3]. - The Bureau will review submitted materials and report to the Ministry of Commerce, with a warning against submitting false information [3][5]. Group 2: Requirements for Export - From January 1, 2026, export licenses will be required for pure electric passenger vehicles, and companies must specify "passenger vehicles" in the application system [3][4]. - Companies producing modified vehicles must select "modified vehicle production enterprise" in the application system and provide detailed documentation, including previous export performance and vehicle specifications [4][5]. - All companies must ensure the accuracy of their submitted information, including names, application categories, and codes, as errors may impact export operations [4][5].

Group 1 - The core issue revolves around a video showing a vehicle marked with "212" that overturned while climbing a slope, leading to concerns about vehicle safety and quality [1] - The vehicle in question is not associated with Beijing Automotive Group Co., Ltd. (BAIC Group) or its brand Beijing Off-road, but is a model set to be launched in 2024 by Beijing Automotive Manufacturing Plant Co., Ltd. [1] - BAIC Group clarified that the involved vehicle is produced by Shandong Weiqiao New Energy Automobile Technology Group Co., Ltd., which has no ownership or equity relationship with BAIC Group [1] Group 2 - BAIC Group, established in 1994, is a key player in the Chinese automotive industry, involved in vehicle manufacturing, parts development, automotive services, and financial investments [2] - The company has been listed in the Fortune Global 500 for 13 consecutive years, ranking 201st in 2025 and 5th among Chinese automotive enterprises [2]

Group 1 - The Hong Kong automotive stocks experienced a collective decline, with major players such as BYD, Xpeng, and Li Auto dropping over 4% [1] - NIO and Geely also saw declines of over 2%, indicating a broader downturn in the sector [1] - The market capitalization of BYD is approximately 988.3 billion, with a year-to-date increase of 24% despite the recent drop [2] Group 2 - Xpeng's stock price fell by 4.31%, with a current price of 90.95 and a year-to-date increase of 94.96%, reflecting strong performance earlier in the year [2] - Li Auto's stock decreased by 4.17%, currently priced at 97.75, with a modest year-to-date increase of 4.04% [2] - Leap Motor's shares dropped by 3.62%, with a current price of 66.50 and a significant year-to-date increase of 104.30% [2]