• BAIC Motor will seek shareholder approval on November 26, 2026, for its planned exit from Beijing Hyundai Auto Finance (BHAF).
• Under the October 21 agreement, BAIC Investment will receive RMB 2.21 billion for its entire 33% stake through a capital reduction.
• Beijing Hyundai will receive RMB 936.6 million for its 14% holding, leaving the group without any equity interest in BHAF.
• The group expects an attributable net gain after tax of approximately RMB 14.23 million from the exit.
• Proceeds will support operations and development as the group prioritizes new-energy and intelligent vehicles amid declining returns from BHAF.

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-20261106-12404636), on November 06, 2026, and is solely responsible for the information contained therein.