Share’s 000550 Share’s Jiangling Motors No.： 2026-012
code： 200550 Name： Jiangling B
Jiangling Motors Corporation, Ltd.
Extracts from 2025 Annual Report
§1 Important Note
These extracts are extracted from the original of annual report. Investors
should carefully read the original in the website designated by CSRC for
details of the Company’s operating results, financial status and future
development plans.
All Directors were present at the Board meeting to review this Annual Report.
Note on abnormal opinions of the Auditor
□Applicable Not Applicable
Proposal on profit distribution or converting capital reserve to share capital
reviewed by the Board of Directors, regarding common stock during the
reporting period
Applicable □Not Applicable
Proposal on converting capital reserve to share capital
□Applicable Not Applicable
The year 2025 profit distribution proposal approved by the Board of Directors
is as follows:
A cash dividend of RMB 5.5581 (including tax) will be distributed for every 10
shares held based on the total shares capital of 854,581,922 shares, and there
is no stock dividend. The Board decided not to convert capital reserve to share
capital this time.
Proposal on profit distribution reviewed by the Board of Directors, regarding
preferred stock during the reporting period
□Applicable Not Applicable
§2 Summary
1. Brief introduction
Share’s name Jiangling Motor, Share’s 000550,
Jiangling B code 200550
Place of listing Shenzhen Stock Exchange
Contact persons Board Secretary Securities Affair
and contact details Representative
Name Xu Lanfeng Quan Shi
Contact address No. 2111, Yingbin Middle Avenue, Nanchang County,
Nanchang City, Jiangxi Province, P.R.C
Telephone 86-791-85266178
Fax 86-791-85232839
E-mail relations@jmc.com.cn
2. Core business or products in the reporting period
During the reporting period, the Company's main business is the production
and sale of commercial vehicles, passenger vehicle SUVs and related
components. The main products include JMC light truck, Pickup, light bus,
Ford-branded light bus, MPV, Pickup and other commercial vehicle products,
and passenger vehicle SUV products. JMC also produces engines, frame, axle
and components. The Company takes high quality development as the main
line, anchoring its strategy around three core directions: intelligent connectivity,
new energy, and global expansion, focuses on value, lean operation, and
transforms from scale expansion development to lean value growth.
In 2025, JMC continued to increase its technological reserves and investment
in new products, intelligent connection network, new energy and lightweighting,
and strengthened its digital operation capability to realize the transformation of
“four online”, including “products online”, “customers online”, “processes
online” and “employees online”. Through digital technology, the Company
improved operational efficiency, optimized business processes and innovated
business models, and focused on customer-centered integration of the whole
value chain. Driven by innovation, we are transforming our marketing
approach, continuously optimizing channel structures and layouts to enhance
synergistic efficiency. Together with our distributors, we are forging a more
integrated “united front” model to accelerate market responsiveness. We are
innovating our transport capacity operations, focusing on scenario-based
requirements to establish an intelligent operational framework, while
strengthening collaborations with logistics enterprises to expand transport
capacity partnerships, and gradually formed a customer-centered commercial
vehicle ecosystem to focus on the entire life cycle of automobiles and provided
customers with all-around solutions. JMC actively laid out the RV business and
off-road pickup and modified car market to create unique products and lead
the market trend; at the same time, the Company steadily advanced the
scenario-based implementation of intelligent driving technologies to develop
industry-leading autonomous driving solutions. JMC strengthened export
cooperation and synergy, seized globalisation opportunities, optimised
resource allocation across products, channels and after-sales services, and
continuously forged new drivers for the Company's development.
In 2025, JMC planned the productivity of 320 thousand units and the utilization
rate was 118%.
3. Main accounting data and financial ratios
3.1 Main accounting data and financial ratios in the past three years
