Nine Directors shall attend this Board meeting and nine Directors were present. IV. Resolutions Share's code： 000550 Share's Name： Jiangling Motors No.： 2023-040 200550 Jiangling B Jiangling Motors Corporation, Ltd. Public Announcement on Resolutions of the Third Session of the Eleventh Board of Directors Jiangling Motors Corporation, Ltd. and its Board members undertake that the information disclosed herein is truthful, accurate and complete and does not contain any false statement, misrepresentation or ma ...

Share's code： 000550 Share's Name： Jiangling Motors No.： 2023-041 200550 Jiangling B Jiangling Motors Corporation, Ltd. Public Announcement on Forecast of the Routine Related Party Transactions in 2024 Jiangling Motors Corporation, Ltd. and its Board members undertake that the information disclosed herein is truthful, accurate and complete and does not contain any false statement, misrepresentation or major omission. I. Brief Introduction The Board of Directors of Jiangling Motors Corporation, Ltd. (hereina ...

Share's code： 000550 Share's Name： Jiangling Motors No.： 2023-039 200550 Jiangling B Jiangling Motors Corporation, Ltd. Production And Sales Volume Information In November 2023 Jiangling Motors Corporation, Ltd. and its Board members undertake that the information disclosed herein is truthful, accurat e and complete and does not contain any false statement, misrepresentation or major omission. The table on production and sales volume in November 2023 of Jiangling Motors Corporation, Ltd. is as follows: | | ...

Share's code： 000550 Share's Name： Jiangling Motors No.： 2023-037 200550 Jiangling B Jiangling Motors Corporation, Ltd. Production And Sales Volume Information In October 2023 Jiangling Motors Corporation, Ltd. and its Board members undertake that the information disclosed herein is truthful, accurate and complete and does not contain any false statement, misrepresentation or major omission. The table on production and sales volume in October 2023 of Jiangling Motors Corporation, Ltd. is as follows: | Produ ...

Financial Performance - Total revenue for Q3 2023 reached ¥8,078,772,861, an increase of 3.46% year-on-year, while revenue for the first three quarters was ¥23,508,145,170, up 6.70% compared to the same period last year[4] - Net profit attributable to shareholders for Q3 2023 was ¥280,065,212, reflecting a 5.76% increase year-on-year, and for the first three quarters, it was ¥1,009,452,769, a significant rise of 40.75%[4] - The net profit after deducting non-recurring gains and losses for Q3 2023 surged by 513.45% year-on-year to ¥239,772,243, with a year-to-date total of ¥657,501,454, marking an increase of 1,048.11%[4] - Total operating revenue for the period reached CNY 23.51 billion, an increase of 6.7% from CNY 22.03 billion in the previous period[32] - Net profit attributable to shareholders of the parent company was CNY 1.01 billion, up 40.7% from CNY 717.18 million year-on-year[35] - Operating profit decreased to CNY 539.26 million, down 26.3% from CNY 731.96 million in the previous period[32] - Total comprehensive income for the period was CNY 672.34 million, slightly down from CNY 679.14 million in the previous period[35] - Basic and diluted earnings per share increased to CNY 1.17, compared to CNY 0.83 in the previous period[35] Cash Flow and Liquidity - The net cash flow from operating activities for the first three quarters was ¥2,415,587,984, showing a remarkable increase of 208.67% compared to the previous year[4] - The net increase in cash and cash equivalents for the first three quarters was ¥17.86 billion, reflecting a substantial growth of 283.04% year-on-year[10] - Cash flow from operating activities generated CNY 27.13 billion, an increase of 16.1% compared to CNY 23.35 billion last year[38] - Cash and cash equivalents at the end of the period totaled CNY 9.70 billion, up from CNY 8.94 billion at the end of the previous period[41] - The company reported a net cash outflow from investing activities of CNY 894.83 million, compared to a net inflow of CNY 319.99 million in the previous period[40] - The company experienced a net cash outflow from financing activities of CNY 365.56 million, contrasting with a net inflow of CNY 1.27 billion in the previous period[41] Assets and Liabilities - Total assets at the end of Q3 2023 amounted to ¥27,997,951,346, a 1.93% increase from the end of the previous year[7] - As of September 30, 2023, the total assets of Jiangling Motors Corporation amounted to CNY 27,997,951,346, an increase from CNY 27,468,321,835 at the end of 2022, representing a growth of approximately 1.92%[26] - Total current liabilities increased to CNY 17,738,526,271 from CNY 17,509,275,472, reflecting a rise of approximately 1.31%[29] - The total liabilities increased to CNY 18,392,615,221 from CNY 18,227,675,051, reflecting a rise of approximately 0.91%[29] - The total equity attributable to the parent company increased to CNY 9,896,617,917 from CNY 9,243,817,333, marking a growth of around 7.06%[29] - The company has maintained a stable capital structure with total equity of CNY 9,605,336,125, up from CNY 9,240,646,784, representing an increase of about 3.94%[29] Inventory and Sales - The company sold 221,096 vehicles in the first three quarters of 2023, representing a 6.46% increase year-on-year, including 46,139 trucks and 80,333 SUVs[10] - The inventory decreased to CNY 1,624,047,748 from CNY 2,129,040,820, a reduction of approximately 23.73%[26] Expenses - The company reported a significant decrease in financial expenses by 34.41% year-on-year, attributed to increased interest income and reduced interest expenses[10] - Research and development expenses increased to CNY 1.15 billion, up 11.4% from CNY 1.03 billion in the previous period[32] - The company's short-term borrowings rose to CNY 1,300,000,000 from CNY 1,100,000,000, an increase of about 18.18%[29] Return on Equity - The weighted average return on equity was 2.98% for Q3 2023, a slight decrease of 0.04% compared to the previous year[7]

Share's code： 000550 Share's Name： Jiangling Motors No.： 2023-035 200550 Jiangling B Jiangling Motors Corporation, Ltd. Production And Sales Volume Information In September 2023 | Product | Sep. | Sep. | Production Volume (Unit) Changes | Year to | Same | Changes | Sep. | Sep. | Sales Volume (Unit) Changes | Year to | Same | Changes | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 2023 | 2022 | （%） | Month | Period Last Year | （%） | 2023 | 2022 | （%） | Month | Period Las ...

complete and does not contain any false statement, misrepresentation or major omission. The table on production and sales volume in August 2023 of Jiangling Motors Corporation, Ltd. is as follows: Jiangling Motors Corporation, Ltd. Production And Sales Volume Information In August 2023 Jiangling Motors Corporation, Ltd. and its Board members undertake that the information disclosed herein is truthful, accurat e and | Product | Aug. | Aug. | Production Volume (Unit) Changes | Year to | Same | Changes | Aug. ...

Financial Performance - In the first half of 2023, the company achieved total vehicle sales of 146,350 units, an increase of 7.64% year-on-year[18]. - The company's total production for the same period was 143,150 units, reflecting an 8.00% year-on-year increase[18]. - Revenue for the first half of 2023 reached CNY 15.429 billion, up 8.48% compared to the previous year[20]. - The net profit attributable to shareholders was CNY 729 million, representing a significant increase of 61.23% year-on-year, driven by sales growth and reduced raw material costs[18]. - The company's gross profit margin improved to 14.73%, an increase of 1.43 percentage points from the previous year[20]. - The production and sales of new energy vehicles reached 3.788 million and 3.747 million units respectively, with a year-on-year growth of 42.4% and 44.1%[18]. - The company reported a total profit of RMB 355,082,666 for the first half of 2023, down 15.8% from RMB 421,914,447 in the same period of 2022[105]. - Operating profit for the first half of 2023 was RMB 348,625,588, a decrease of 17.0% from RMB 420,401,337 in the first half of 2022[105]. - The net profit for the first half of 2023 was RMB 729,387,557, compared to a net profit of RMB 601,523,155 in the first half of 2022, indicating an increase of approximately 21.3% year-over-year[148]. Market Position and Strategy - The company is transitioning from a scale expansion model to a lean value growth model, focusing on high-quality development[18]. - JMC's light commercial vehicle market share remains the highest in its segment, with a significant increase in export sales, doubling year-on-year[40]. - The company plans to enhance its product offerings and market presence through ongoing research and development initiatives[18]. - JMC's new pickup brand "JMC Avenue" targets the mid-to-high-end market, establishing a comprehensive product matrix across all price ranges[40]. - The company plans to continue expanding its market presence and invest in new product development to drive future growth[129]. Financial Position - Cash and cash equivalents at the end of the reporting period reached ¥9,875,434,450, accounting for 35.41% of total assets, an increase of 4.08% from the previous year[44]. - The company's accounts receivable increased to ¥4,392,802,999, representing 15.75% of total assets, up by 0.29% from the previous year[44]. - JMC's inventory decreased to ¥1,765,496,170, accounting for 6.33% of total assets, down by 1.42% year-on-year[44]. - Total liabilities as of June 30, 2023, reached RMB 18,508,591,137, an increase from RMB 18,227,675,051 as of December 31, 2022, representing a growth of 1.55%[104]. - Total shareholders' equity as of June 30, 2023, was RMB 9,379,654,906, compared to RMB 9,240,646,784 as of December 31, 2022, indicating an increase of 1.51%[104]. - The total assets and liabilities combined amounted to RMB 27,888,246,043 as of June 30, 2023, up from RMB 27,468,321,835 at the end of 2022, reflecting a growth of 1.53%[104]. - The company's retained earnings reached RMB 7,486,422,914 as of June 30, 2023, up from RMB 7,123,038,093 at the end of 2022, showing an increase of 5.09%[104]. Cash Flow and Investments - In the first half of 2023, the company's cash inflow from operating activities reached RMB 18.12 billion, a 25% increase compared to RMB 14.41 billion in the same period of 2022[128]. - The net cash flow from operating activities was RMB 1.66 billion, a significant recovery from a net outflow of RMB 3.33 billion in the first half of 2022[128]. - The company raised RMB 2.64 billion through financing activities in the first half of 2023, compared to RMB 2.43 billion in the same period of 2022, indicating a 9% increase[128]. - The total cash outflow from investing activities was RMB 798 million, compared to RMB 731 million in the first half of 2022, representing a 9% increase[128]. Shareholder Information - The total number of shares outstanding is 863,214,000, with 99.91% being unrestricted shares[72]. - The largest shareholder, Nanchang Jiangling Investment Co., Ltd., holds 354,176,000 shares, accounting for 41.03% of total shares[93]. - Ford Motor Company is the second-largest shareholder with 276,228,394 shares, representing 32.00% of total shares[93]. - The total number of common shareholders at the end of the reporting period is 43,677, with a 5% increase, including 38,093 A-shares and 5,584 B-shares[92]. Environmental and Social Responsibility - The company invested CNY 1.5 million in solid waste disposal and CNY 0.5 million in environmental monitoring in the first half of 2023[32]. - The energy-saving optimization of VOC treatment equipment resulted in a reduction of RTO startup time from 2.5 hours to 1 hour, saving 900,000 kWh of electricity and 70,000 cubic meters of natural gas annually[57]. - The air compressor station for painting achieved a reduction in energy consumption by saving 200,000 kWh annually through improved control of the drying machine's frequency range[57]. Accounting and Financial Reporting - The financial statements are reported in Renminbi (RMB) with specific attention to the units used in the financial notes[101]. - The company’s financial statements for the first half of 2023 comply with the requirements of the enterprise accounting standards, reflecting a true and complete picture of the financial status as of June 30, 2023[161]. - The company has established specific accounting policies and estimates based on its operational characteristics, particularly in measuring expected credit losses for receivables and inventory valuation methods[159]. - The company recognizes expected credit losses for financial assets based on the entire duration of the asset's life, regardless of significant financing components[179].

| Share's code： | 000550 | Share's Name： | Jiangling | Motors | No.： | 2023－032 | | --- | --- | --- | --- | --- | --- | --- | | | 200550 | | Jiangling B | | | | Jiangling Motors Corporation, Ltd. Public Announcement on Resolutions of the Supervisory Board Jiangling Motors Corporation, Ltd. and the members of its Supervisory Board undertake that the information disclosed herein is truthful, accurate and complete and does not contain any false statement, misrepresentation or major omission. I. Time, Place & F ...

| Share's code： | 000550 | Share's Name： | Jiangling | Motors | No.： | 2023-031 | | --- | --- | --- | --- | --- | --- | --- | | | 200550 | | Jiangling B | | | | Jiangling Motors Corporation, Ltd. Public Announcement on Resolutions of the Board of Directors Jiangling Motors Corporation, Ltd. and its Board members undertake that the information disclosed herein is truthful, accurate and complete and does not contain any false statement, misrepresentation or major omission. I. Informing of the Meeting The Boar ...