BRIEF-BAIC Motor Corp posts FY net profit of RMB 6.37 bln

March 24 (Reuters) - BAIC Motor Corp Ltd

* FY profit attributable to equity holders of company RMB

6.37 billion versus RMB 3.32 billion

* FY revenue RMB116.20 billion versus RMB 84.11 billion

* Board recommends to distribute a final dividend for year

2016 of RMB 0.29 per share

* In 2017, market demand for premium vehicles in China is

expected to remain robust

* "Prospect of new energy products remains positive" in 2017

* "Expected that regulatory policies concerning passenger

vehicle industry as a whole will be further tightened"

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