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 佈 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 佈全 部 或 任 何 部份 內 容 而 產生 或 因 倚 賴 該等 內 容 而 引 致的 任 何 損 失承 擔任何責任。 持續關連交易 二零二六年至二零二八年產品及 服務雙向供應框架協議 本公司財務顧問 二零二六年至二零二八年產品及服務雙向供應框架協議 茲 提 述 (i) 本 公 司 日 期 為 二 零 二 二 年 三 月 三 十 一 日 之 公 佈 及 本 公 司 日 期 為 二 零 二 二 年 六 月 七 日 之 通 函 ， 內 容 有 關 二 零 二 二 年 至 二 零 二 四 年 新 能 源 框架協議；(ii) 本公司日期為二零二二年十一月十七日之公佈及本公司日 期 為 二 零 二 二 年 十 二 月 二 十 二 日 之 通 函 ， 內 容 有 關 二 零 二 三 年 至 二 零 二 五年總協議；(iii)本公司日期為二零二四年六月十四日之公佈，內容有關 二零二四年 ...

五菱汽车(00305)发布公告，本公司的独立非执行董事王雨本先生，由于其需要投入更多时间处理个人 及其他业务，王先生已提呈辞任本公司独立非执行董事、以及本公司董事会辖下审核委员会、提名委员 会、薪酬委员会及环境、社会及管治委员会(ESG委员会)成员的职务，均自2025年11月20日起正式生 效。 刘介明先生已获委任为本公司独立非执行董事，自2025年11月20日起正式生效。刘先生亦已分别获委任 为审核委员会、提名委员会、薪酬委员会及ESG委员会的成员，自2025年11月20日起正式生效。 ...

此外，刘介明已获委任为公司独立非执行董事，自2025年11月20日起正式生效。 格隆汇11月20日丨五菱汽车(00305.HK)发布公告，公司的独立非执行董事王雨本由于其需要投入更多时 间处理个人及其他业务，已提呈辞任公司独立非执行董事、审核委员会、提名委员会、薪酬委员会及环 境、社会及管治委员会("ESG委员会")成员的职务，均自2025年11月20日起正式生效。 ...

Core Viewpoint - Wuling Motors (00305) announced the resignation of independent non-executive director Wang Yuben, effective November 20, 2025, due to his need to dedicate more time to personal and other business matters [1] Group 1 - Wang Yuben will resign from his positions on the audit committee, nomination committee, remuneration committee, and environmental, social, and governance (ESG) committee, effective November 20, 2025 [1] - Liu Jieming has been appointed as an independent non-executive director, effective November 20, 2025 [1] - Liu Jieming will also serve on the audit committee, nomination committee, remuneration committee, and ESG committee, effective November 20, 2025 [1]

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佈的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公佈全部或任何部份內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 (1)獨立非執行董事之辭任及委任; 及 (2)董事會委員會成員變更 獨立非執行董事之辭任 獨立非執行董事之委任 董事會謹此公佈，劉介明先生（「劉先生」）已獲委任為本公司獨立非執行董事， 自二零二五年十一月二十日起正式生效（「該委任」）。 1 劉先生之履歷 五菱汽車集團控股有限公司（「本公司」，連同其附屬公司統稱「本集團」）董事 （「董事」）會（「董事會」）謹此公佈，本公司之獨立非執行董事王雨本先生（「王 先生」），由於其需要投入更多時間處理個人及其他業務，王先生已提呈辭任本公 司獨立非執行董事、以及本公司董事會轄下審核委員會（「審核委員會」）、提名 委員會（「提名委員會」）、薪酬委員會（「薪酬委員會」）及環境、社會及管治委 員會（「ESG 委員會」）成員之職務，均自二零二五年十一月二十日起正式生效（「該 辭任」）。 王先生確認 (i)就該辭任，彼對本公司並無追討及與董事會之間概無意見分歧； 和 (ii) ...

董事名單與其角色和職能 五菱汽車集團控股有限公司董事會（「董事會」）成員載列如下。 韋明鳳先生 朱鳳豔女士 非執行董事 袁智軍先生 執行董事 李正先生 獨立非執行董事 主席、執行董事 葉翔先生 徐勁力先生 劉介明先生 董事會設立4個委員會。下表提供各董事會成員在這些委員會中所擔任的職位: | 董事會委員會成員 | 審核委員會 | 提名委員會 | 薪酬委員會 | 環境、社會及 管治委員會 | | --- | --- | --- | --- | --- | | 袁智軍先生 | - | C | - | M | | 李正先生 | M | M | M | M | | 葉翔先生 | C | M | M | C | | 徐勁力先生 | M | M | C | M | | 劉介明先生 | M | M | M | M | 註 : C 委員會主席 M 委員會成員 香港，二零二五年十一月二十日 ...

Core Insights - Chinese automotive companies are exploring new strategies for international expansion, particularly focusing on Indonesia for mining opportunities rather than just vehicle sales [1][38]. - The approach emphasizes long-term investment and establishing a solid foundation for future growth rather than immediate profits [2]. Group 1: Market Conditions in Indonesia - Indonesia is characterized by poor transportation infrastructure and low national income, with Java Island, which occupies only 6.6% of the country's area, housing 150 million people [5][11]. - Jakarta, the capital, has been identified as the most congested city globally, with drivers averaging 32,800 brake applications per year, significantly higher than the global average of 18,000 [6][8]. - The majority of the population relies on motorcycles for transportation due to inadequate public transport options, leading to a high prevalence of motorcycle ownership [6][10]. Group 2: Economic Landscape - A significant portion of the Indonesian population lives in poverty, with 8.47% classified as poor, spending less than 609,160 Indonesian Rupiah (approximately 200-300 RMB) per month [11][13]. - The economic structure is fragile, with 24.42% of the population unable to cover basic expenses and 49.29% classified as near-middle class, spending between 2.6 million to 6 million Indonesian Rupiah (approximately 1,200-2,800 RMB) [13]. - The wealth distribution is heavily skewed, with less than 1% of the population classified as wealthy, indicating a challenging market for high-end automotive products [13]. Group 3: Regulatory Environment - Chinese companies must establish local entities and meet specific capital requirements, including a minimum registration capital of 100 billion Indonesian Rupiah (approximately 4.5 million RMB) [16]. - The "localization rate" requirement mandates that foreign companies produce or source a significant portion of their components locally to benefit from policy incentives [16]. Group 4: Competitive Landscape - Japanese automotive brands dominate the Indonesian market, with Toyota leading sales figures, while Chinese brands like BYD and Wuling rank lower in market share [17][20]. - The long-standing presence of Japanese companies provides a reference point for Chinese firms entering the market [20]. Group 5: Strategic Collaborations - Chinese automotive companies are forming partnerships with local firms to enhance market entry, such as the CKD (Completely Knocked Down) assembly model adopted by several brands [32]. - Collaborations extend to local component sourcing and employment generation, which helps in meeting localization requirements and reducing operational costs [33][37]. Group 6: Resource Opportunities - Indonesia is rich in nickel resources, essential for stainless steel and battery production, making it a strategic location for Chinese companies focused on electric vehicles [41][44]. - The partnership with Indonesia in nickel mining is crucial for securing supply chains and supporting the growth of the Chinese electric vehicle industry [44][45]. Group 7: Future Prospects - The Indonesian government aims to produce 600,000 electric vehicles by 2030, indicating a growing market for electric vehicles [39]. - The collaboration between Chinese companies and Indonesia in the mining sector could enhance the international standing of the Chinese currency, the Renminbi, in global trade [46][47].

Core Viewpoint - Liuzhou is accelerating the transformation of its automotive industry towards high-end and new energy sectors, aiming to establish itself as an international hub for the new energy vehicle industry [1][2] Group 1: Industry Transformation - Liuzhou is implementing a three-year action plan for the transformation and upgrading of traditional industries, focusing on high-end, intelligent, and green development in the automotive, steel, and machinery sectors [1] - The city has seen significant advancements in its automotive industry, including the establishment of the world's first "island-style" lean intelligent manufacturing factory by SAIC-GM-Wuling Automobile Co., Ltd. [1] - Collaboration with Huawei Technologies Co., Ltd. is ongoing to develop new models that incorporate advanced driving assistance, intelligent cockpits, and smart manufacturing [1] Group 2: New Energy Vehicle Development - Liuzhou's cumulative automotive production has reached 32 million units, with over 3 million units of new energy vehicles produced, driving the development of key components such as batteries and motors [1] - The city has attracted well-known component manufacturers like Guoxuan High-Tech Co., Ltd. and Ruipu Saike Power Battery Co., Ltd., achieving a new energy battery cell production capacity of 55.5 GWh [2] - Local supply rate for new energy vehicle components exceeds 60%, and the installed capacity for new energy has reached 2.843 million kW [2] Group 3: Infrastructure and Market Penetration - Liuzhou has built a total of 24,115 public charging piles and 46,986 personal charging piles, with a new energy vehicle penetration rate of 61.1% [2] - The total number of new energy vehicles in the city exceeds 288,000, making it the city with the highest penetration rate of new energy vehicles in China [2]

五菱汽车在港交所发布公告称，集团已成立一家间接非全资拥有之附属公司—广西元控智驱科技有限公 司，以独立业务主体主营低速智能驾驶系统及解决方案业务。 来源：滚动播报 ...

Core Viewpoint - Wuling Motors (00305) has established a new subsidiary, Guangxi Yuankong Zhichui Technology Co., Ltd. (Yuankong Zhichui), to capitalize on opportunities in the automotive industry's intelligent transformation, focusing on low-speed intelligent driving systems and solutions [1] Group 1: Company Strategy - The new subsidiary, Yuankong Zhichui, will operate independently and primarily engage in the research, development, and manufacturing of low-speed intelligent driving technologies, including drive-by-wire chassis and low-speed autonomous vehicles [1] - The establishment of Yuankong Zhichui is aligned with the company's strategic goals, enhancing business transformation efficiency, innovation mechanisms, resource allocation, and team autonomy [1] Group 2: Product Focus - Yuankong Zhichui's main products include a series of drive-by-wire chassis and scenario-specific vehicle products, which cater to needs such as intelligent charging robots, autonomous shuttles, and unmanned logistics [1] - Some of Yuankong Zhichui's products have already been successfully launched in the market, indicating a proactive approach to product development and market entry [1] Group 3: Expected Outcomes - The board believes that the establishment of Yuankong Zhichui will create synergies with existing business operations and inject new momentum into the long-term development of the company [1]