Jiangling Motors Corporation, Ltd.
2022Half-year Report
2022-08
Chapter I Important Notes, Contents and Abbreviations
Important Note
The Board of Directors and its members, the Supervisory Board and its
members, and the senior executives are jointly and severally liable for the
truthfulness, accuracy and completeness of the information disclosed in the
Report and confirm that the information disclosed herein does not contain any
false statement, misrepresentation or major omission.
Chairman Qiu Tiangao, CFO Joey Zhu and Chief of Finance Department,
Ding Ni, confirm that the Financial Statements in this Half-year Report are
truthful, accurate and complete.
All the Directors were present at the Board meeting to review this Half-year
Report.
Future plans, development strategies and other forward-looking statements in
this report do not constitute a substantial commitment of the Company to
investors. Investors are advised to pay attention to investment risks.
Neither cash dividend nor stock dividend was distributed. The Board decided
not to convert capital reserve to share capital this time.
The Half-year Report is prepared in Chinese and English. In case of
discrepancy, the Chinese version will prevail.
Contents
Chapter I Important Notes, Contents and Abbreviations...... 2
Chapter II Brief Introduction...... 5
Chapter III Management Discussion and Analysis...... 8
Chapter IV Corporate governance Structure ...... 19
Chapter V Environment and Social responsibility ...... 20
Chapter VI Major Events ...... 23
Chapter VII Share Capital Changes & Shareholders...... 27
Chapter VIII Preferred Shares...... 31
Chapter IX Company Bond...... 32
Chapter X Financial Statements ...... 33
Abbreviations:
JMC, or the Company Jiangling Motors Corporation, Ltd.
JIC Nanchang Jiangling Investment Co., Ltd.
Ford Ford Motor Company
CSRC China Securities Regulatory Commission
JMCG Jiangling Motors Group Co., Ltd.
JMCH JMC Heavy Duty Vehicle Co., Ltd.
Jiangling Ford Technology Jiangling Ford Motor Technology (Shanghai)
Co., Ltd.
EVP Executive Vice President
CFO Chief Financial Officer
VP Vice President
Catalogue on Documents for Reference
1. Originals of 2022 Half-year financial statements signed by Chairman, Chief
Financial Officer and Chief of Finance Department.
2. Originals of all the documents and public announcements disclosed in
newspapers designated by CSRC in the first half of 2022.
3. Chinese version of the Half-year Report prepared per the China GAAP.
Chapter II Brief Introduction
1. Company’s information
Share’s name Jiangling Motors, Jiangling B Share’s Code 000550, 200550
Place of listing Shenzhen Stock Exchange
Company’s Chinese 江铃汽车股份有限公司
name
English name Jiangling Motors Corporation, Ltd.
Abbreviation JMC
Company legal Qiu Tiangao
representative
2. Contact person and method
Board Secretary Securities Affairs Representative
Name Xu Lanfeng Quan Shi
No. 2111, Yingbin Middle Avenue, No. 2111, Yingbin Middle Avenue,
Address Nanchang City, Jiangxi Province, Nanchang City, Jiangxi Province,
P.R.C P.R.C
Tel 86-791-85266178 86-791-85266178
Fax 86-791-85232839 86-791-85232839
E-mail relations@jmc.com.cn relations@jmc.com.cn
3. Other
I. Contact methods
Changes of registered address, headquarter address, postal code, website
and e-mail in the reporting period
□Applicable √Not Applicable
The Company's registered address, headquarter address, postal code,
website and e-mail remain unchanged during the reporting period.
For details, please refer to the 2021 Annual report.
II. Changes of newspapers for information disclosure, website for publication
of JMC’s half-year report and place for achieving half-year report in the
reporting period
□Applicable √Not Applicable
There is no change of newspapers for information disclosure, website
designated by CSRC for publication of JMC’s Half-year Report and place for
achieving Half-year Report. Please refer to 2021 Annual Report for details.
III. Other Relevant Information
Whether other relevant information has changed during the reporting period
□Applicable √Not Applicable
4. Main accounting data and financial ratios
Unit: RMB
Reporting period Same period Change (%)
(2022 first half) last year
Revenue 14,222,759,384.00 17,675,621,088.00 -19.53%
Profit Attributable
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