BAIC Motor unit agrees to exit 33% stake in Beijing Hyundai Auto Finance for RMB 2.21 billion

• BAIC Motor's subsidiary BAIC Investment will exit its 33% stake in Beijing Hyundai Auto Finance for RMB 2.21 billion through capital reduction.
• Beijing Hyundai will also exit its entire 14% stake for RMB 936.6 million.
• The October 21, 2026, agreement will reduce the finance company's registered capital from RMB 4 billion to RMB 2.12 billion.
• The group expects an attributable after-tax gain of approximately RMB 14.23 million from BAIC Investment's exit.
• Completion remains subject to shareholder approval and other conditions; the group will retain no equity interest in the finance company.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BAIC Motor Corporation Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261021-12378334), on October 21, 2026, and is solely responsible for the information contained therein.