Jiangling Motors Corporation, Ltd.
2023 Half-year Report
2023-08
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 and Operating Highlight ......5
Chapter III Management Discussion and Analysis......8
Chapter IV Corporate Governance Structure......18
Chapter V Environment and Social Responsibilities......21
Chapter VI Major events ......25
Chapter VII Share Capital Changes & Shareholders......29
Chapter VIII Preferred Shares......32
Chapter IX Bond related Information ......33
Chapter X Financial Statements ......34
Catalogue on Documents for Reference
1. Originals of 2023 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 2023.
3. Chinese version of the Half-year Report prepared per the China GAAP.
Abbreviations:
CSRC China Securities Regulatory Commission
JMCG Jiangling Motors Group Co., Ltd.
Ford Ford Motor Company
JIC Nanchang Jiangling Investment Co., Ltd.
JMC or the Company Jiangling Motors Corporation, Ltd.
JMCH JMC Heavy Duty Vehicle Co., Ltd.
EVP Executive Vice President
CFO Chief Financial Officer
VP Vice President
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 2022 Annual report.
II. Changes of newspapers and website for information disclosure, and place
for achieving half-year report in the reporting period
□Applicable Not Applicable
There is no change of names of the medias and website of Stock Exchange
for publication of the Company’s Half-year Report and the place for achieving
the Company’s Half-year Report in the reporting period. Please refer to 2022
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 (%)
(2023 first half) last year
Revenue 15,429,372,309 14,222,759,384 8.48%
Profit Attributable to the
Equity Holders of the 729,387,557 452,381,022 6
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