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baic motor corp ltd-h (1958) Details

BAIC Motor Corporation Limited manufactures and sells passenger vehicles in the People’s Republic of China. The company provides various passenger car models, including a range of sedans, as well as SUV, MPV, CUV, and new energy vehicles. It also offers engines, and automobile parts and components. The company sells its products under the Beijing Benz, Mercedes-Benz, Beijing Brand, and Beijing Hyundai names. BAIC Motor Corporation Limited was founded in 1958 and is headquartered in Beijing, the People’s Republic of China.

25,461 Employees
Last Reported Date: 04/21/16
Founded in 1958

baic motor corp ltd-h (1958) Top Compensated Officers

Chief Executive Officer, President, Executive...
Total Annual Compensation: CNY1.4M
Compensation as of Fiscal Year 2015.

baic motor corp ltd-h (1958) Key Developments

BAIC Motor Co., Ltd Reports Sales Results for the Nine Months Ended September 2016

BAIC Motor Co. Ltd. reported sales results for the nine months ended September 2016. For the period, the company reported sold 309,567 automobiles in the first three quarters of this year, reflecting a year-on-year increase of 50.61%.

BAIC Motor Corporation Limited Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2016

BAIC Motor Corporation Limited reported unaudited consolidated earnings results for the six months ended June 30, 2016. For the period, the company reported revenue of RMB 49,038,815,000 against RMB 36,522,319,000 a year ago. Operating profit was RMB 4,029,772,000 against RMB 2,711,688,000 a year ago. Profit before income tax was RMB 5,753,829,000 against RMB 4,337,897,000 a year ago. Profit for the period attributable to equity holders of the company was RMB 2,411,293,000 or RMB 0.32 per share basic and diluted against RMB 2,170,790,000 or RMB 0.29 per share basic and diluted a year ago. Net cash generated from operating activities was RMB 3,417,204,000 against RMB 2,356,916,000 a year ago. Purchase of property, plant and equipment was RMB 2,842,286,000 against RMB 4,576,854,000 a year ago. Addition of intangible assets was RMB 1,301,740,000 against RMB 1,896,575,000 a year ago.

Baic Motor Corporation Limited Announces Executive Changes

The board of BAIC Motor Corporation Limited announced that due to work commitment, Mr. Yan Xiaolei ceased to be the company secretary of the company and the authorized representative of the company for the purpose of Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited with effect from September 23, 2016. The board announce that Ms. Sun Ke has been appointed as the company secretary of the company and Ms. Mok Ming Wai has been appointed as the company secretary assistant of the company. Ms. Sun has also been appointed in replacement of Mr. Yan as the authorized representative for the purpose of Rule 3.05 of the Listing Rules. These appointments shall be effective from September 23, 2016. Ms. Sun joined the company in June 2016. She is currently the secretary to the board of the company and the chief of the investor relations management centre. Ms. Mok is a director of KCS Hong Kong Limited.


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