本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 证券代码： 000550 证券简称： 江铃汽车 公告编号： 2025—030 200550 江铃 B 江铃汽车股份有限公司 关于股份回购进展的公告 一、回购股份的进展情况 江铃汽车股份有限公司（以下简称："公司"）于 2025 年 4 月 10 日至 4 月 11 日召开书面董事会，审议通过了《关于回购公司 A 股股份的议案》。本次回 购资金来源为公司自有资金，回购股份的资金总额不低于人民币 1.5 亿元（含） 且不超过人民币 2 亿元（含），回购价格不超过人民币 22.00 元/股（含），具体 回购数量以回购期限届满时实际回购的股份数量为准，本次回购的股份将用于 实施公司员工持股计划或股权激励。具体内容详见公司在《中国证券报》、《证 券时报》、巨潮资讯网（http://www.cninfo.com.cn）披露的相关公告。 根据《上市公司股份回购规则》和《深圳证券交易所上市公司自律监管指引 第 9 号——回购股份》等相关规定。现将公司股份回购的进展情况公告如下： 截至 2025 年 6 月 30 日，公司通过股份 ...

证券代码： 000550 证券简称： 江铃汽车 公告编号： 2025-031 200550 江铃 B 江铃汽车股份有限公司 2025 年 6 月产、销情况的自愿性信息披露公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假记载、误导性陈述或重大遗漏。 江铃汽车股份有限公司 2025 年 6 月产、销快讯数据如下： | | | | 同比 | 产量（辆） | | 同比 | | | 同比 | 销量（辆） | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 产品 | 本月数 | 去年 | | 本年 | 去年同期 | | | 去年 | | 本年 | 去年同期 | 同比 | | | | 同月数 | 变化 | 累计数 | 累计数 | 变化 | 本月数 | 同月数 | 变化 | 累计数 | 累计数 | 变化 | | | | | （%） | | | （%） | | | （%） | | | （%） | | 轻型客车 | 9,379 | 6,687 | 40.26% | 46,610 | ...

Core Insights - Jiangling Motors (000550) announced total sales of 35,728 vehicles in June 2025, representing a year-on-year increase of 28.62% [1] Sales Breakdown - Light passenger vehicle sales reached 10,242 units, up 63.79% year-on-year [1] - Truck sales amounted to 7,542 units, reflecting a year-on-year growth of 49.08% [1] - Pickup truck sales were 6,279 units, showing a decline of 4.53% year-on-year [1] - SUV sales totaled 11,665 units, with a year-on-year increase of 17.96% [1] Cumulative Sales Performance - Cumulative sales for 2025 reached 172,700 units, marking an 8.15% year-on-year increase [1]

Core Viewpoint - The new energy light commercial vehicle market in China has shown a fluctuating trend in sales, with a cumulative growth of 15% after April 2025, indicating a recovery in the market after a brief downturn earlier in the year [1][5][31]. Sales Performance - In May 2025, the new energy light commercial vehicle market sold 24,100 units, representing a month-on-month increase of 30% and a year-on-year increase of 12% [4][5]. - The sales trend from January to May 2025 has been characterized by a pattern of decline and growth, with the cumulative sales reaching 96,300 units, a year-on-year growth of 14% [9][25]. Regional Insights - In the first five months of 2025, all 31 provincial-level administrative regions in mainland China recorded new energy light commercial vehicle registrations, with Guangdong province leading with nearly 20,000 units, accounting for 19.26% of the national total [11][13]. Market Composition - The market is predominantly composed of pure electric vehicles, which accounted for 99.99% of sales in the first five months of 2025, showing a slight decrease compared to the same period in 2024 [15]. - The top-selling companies in May 2025 included Wuling and Yuan Cheng, each selling over 4,000 units, with market shares of 19.40% and 16.89% respectively [22][20]. Company Performance - The majority of companies in the new energy light commercial vehicle market experienced sales growth in the first five months of 2025, with notable increases from SAIC-GM-Wuling, Guizhou Changjiang, and Jiangling, which saw year-on-year growth rates of 145%, 81%, and 70% respectively [26][29]. - The market share of SAIC-GM-Wuling reached 23.42%, significantly up by 12.48 percentage points compared to the previous year [29]. Future Outlook - The new energy light commercial vehicle market is expected to continue its growth trajectory, with a focus on whether June 2025 will initiate a new round of consecutive increases in sales [31].

江西华邦律师事务所 关于江铃汽车股份有限公司 2024年度股东大会的法律意见书 致：江铃汽车股份有限公司 根据《中华人民共和国公司法》（以下简称《公司法》）、中国证券监督管 理委员会《上市公司股东会规则》（以下简称《股东会规则》）以及《深圳证券 交易所上市公司股东大会网络投票实施细则》（以下简称《网络投票实施细则》） 等法律、法规、规范性文件及现时有效的《江铃汽车股份有限公司章程》（以下 简称《公司章程》）的有关规定，受江铃汽车股份有限公司（以下简称公司）委 托，江西华邦律师事务所（以下简称本所）指派邓颖律师和刘阳骄律师出席公司 2024年度股东大会（以下简称本次股东大会），并为本次股东大会出具本法律意 见书。 为出具本法律意见书，本所律师审查了公司提供的召开本次股东大会的有关 文件的原件或复印件，包括（但不限于）公司召开本次股东大会公告，公司本次 股东大会的各项议程及相关决议等文件，同时听取了公司就有关事实的陈述和说 明。 本所律师根据《股东会规则》的有关规定，按照律师行业公认的业务标准、 道德规范和勤勉尽责精神，对公司本次股东大会的召集及召开等有关法律问题发 表如下意见： 一、本次股东大会的召集、召开程序 ...

证券代码： 000550 证券简称： 江铃汽车 公告编号： 2025—029 200550 江铃 B 江铃汽车股份有限公司 2024 年度股东大会决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 一、重要提示 本公司在本次会议召开期间未增加、否决或变更提案。 二、会议召开的情况 1、召开时间：2025 年 6 月 24 日上午 9:00 2、召开地点：中国江西省南昌市南昌县迎宾中大道 2111 号江铃汽车大厦 20 楼会议中心 3、召开方式：现场投票与网络投票相结合的方式 4、召集人：公司董事会 5、主持人：董事长邱天高 6、会议的召开符合法律、法规、《股东大会规则》及《公司章程》的规定。 （1）公司部分董事、监事和高级管理人员； （2）本公司聘请的见证律师。 四、提案审议和表决情况 1、公司 2024 年度董事会工作报告 | 分类 | 同意 | | 反对 | | 弃权 | | | --- | --- | --- | --- | --- | --- | --- | | | 股数 | 比例 | 股数 | 比例 | 股数 | 比例 | | | | （%） ...

Core Viewpoint - Joint ventures in the automotive industry are facing challenges, leading to strategic contractions, with recent rumors about the merger of Jiangling Ford and Changan Ford being denied by both parties [1][3]. Group 1: Company Statements - Jiangling Motors stated that it has no plans for asset restructuring or integration, emphasizing its focus on maintaining competitiveness and enhancing operational efficiency with partners [3]. - Ford China reiterated its commitment to building a sustainable sales service network and improving overall profitability through collaboration with joint venture partners and dealers [3][5]. Group 2: Financial Performance - Ford achieved a net profit of approximately $600 million (around 44.09 billion RMB) in the Chinese market in 2024, marking its first profit in China in seven years [1][6]. - Jiangling Ford's sales reached nearly 50,000 units, while Changan Ford's sales rebounded to 247,000 units in 2024 [6]. Group 3: Strategic Changes - Ford has shifted its strategy to focus on profitability over volume, discontinuing low-margin small cars and concentrating on high-margin larger vehicles [5]. - The company has also expanded its growth avenues by developing an export business, with 168,000 units expected to be exported in 2024 [5]. Group 4: Historical Context - Jiangling Motors has been collaborating with Ford since 1995, with Ford holding a 32% stake in Jiangling as of 2024 [4]. - The partnership has evolved over the years, with Jiangling Ford focusing on off-road SUVs and pickup trucks, while Changan Ford specializes in sedans and urban SUVs [4].

Core Viewpoint - The news discusses the denial of rumors regarding the merger of Jiangling Ford into Changan Ford, emphasizing the ongoing strategic adjustments and profitability improvements of Ford in the Chinese market [2][3][6]. Group 1: Company Statements - Jiangling Motors stated that it has no plans for asset restructuring or integration, aiming to maintain competitiveness and enhance operational efficiency with its partners [2][3]. - Ford China reiterated its commitment to building a sustainable sales service network and improving overall profitability through collaboration with joint venture partners and dealers [3][6]. Group 2: Financial Performance - Ford achieved a net profit of approximately $600 million (about 44.09 billion RMB) in the Chinese market for 2024, marking its first profitability in China in seven years [2][7]. - Jiangling Ford's sales reached nearly 50,000 units, while Changan Ford's sales rebounded to 247,000 units in 2024 [7]. Group 3: Historical Context and Partnerships - Jiangling Motors has been collaborating with Ford since 1995, with Ford holding a 32% stake in Jiangling as of 2024, making it the second-largest shareholder [4][5]. - The partnership has evolved over the years, with Jiangling Ford focusing on off-road SUVs and pickup trucks, while Changan Ford specializes in sedans and urban SUVs [5]. Group 4: Market Challenges and Strategic Changes - Ford's sales in China peaked in 2016 but faced significant declines, particularly after a misstep with the three-cylinder engine in 2019, leading to a loss of $572 million in 2022 [6]. - Under the leadership of Wu Shengbo, Ford China has undergone significant reforms, shifting focus to high-margin vehicles and expanding export operations, with 168,000 units expected to be exported in 2024 [6][7]. Group 5: Future Outlook - Ford is working on electrification but has been slower in this transition compared to competitors, with plans to develop new electric models in response to consumer demand for off-road electric vehicles [7].

Group 1: Industry Trends - The automotive industry is experiencing intense competition in 2025, characterized by consolidation, elimination, and systemic transformation [1] - The rise of electric vehicles is accelerating industry reshuffling, prompting companies to consider mergers and collaborations to enhance competitiveness [3][8] Group 2: Ford's Joint Ventures in China - Recent rumors about the merger of Jiangling Ford and Changan Ford were denied by Jiangling Motors, indicating no current plans for asset restructuring [2][4] - Both joint ventures, Jiangling Ford and Changan Ford, have faced declining sales, with Changan Ford's sales dropping by 16.43% year-on-year in the first five months of 2025, and Jiangling Ford's passenger vehicle sales falling to 35,000 units in 2024 [3] Group 3: Renault-Nissan Alliance Changes - Nissan announced plans to reduce its stake in Renault, coinciding with the resignation of Renault's CEO Luca de Meo, highlighting a shift in the traditional capital-binding alliance model [5][6] - The reduction of cross-holding from 43.4% to below 10% marks a transition to a "low-binding, high-autonomy" phase for the Renault-Nissan alliance [5][7] Group 4: Strategic Shifts and Challenges - Nissan's new CEO emphasized that funds from the stake reduction will be used for new vehicle development, aligning with its "Re: Nissan" revival plan [6] - Renault's leadership change raises concerns about the continuity of its electric vehicle strategy and the stability of the alliance with Nissan [6][7]

第一商用车网最新获悉，根据中汽协数据（企业开票数口径，非终端实销口径，下同）， 2025年5月份，我国客车市场（含底盘）销售4.31万辆，环比下降3%，同比增长1%。其 中，轻型客车市场销售3.45万辆，环比下降4%，同比增长2%，同比增幅较上月（4月份轻客 市场同比增长5%）缩窄3个百分点，收获"2连增"。 5月份，轻型客车3.45万辆的销量在整个客车市场的份额达到80.02%，较上月（81.04%） 略有下降。今年1-5月，轻客在客车市场的占比达到81.16%，较去年全年占比有所提升 （2024年全年，轻客在客车市场的占比为77.18%）。 2025年5月份，我国客车市场整体销量同比小幅增长1%，重回上升区间。作为客车市场中占 比最大的细分市场，轻客市场在5月份的命运如何？ 请看第一商用车网的分析报道。 5月销售3.45万辆，同比增长2%，收获"2连增" 纵观近五年5月份轻型客车销量及增幅走势图可见，近五年5月份的轻客市场走出一个增-降- 增-增-增的趋势，2025年5月份轻客市场3.45万辆的销量在近五年里看排到第二，属于中等 偏上水平，比五年最高的2021年5月份少销售约3100辆，比去年5月份多销售 ...