Share’s code: 000550 Share’s Name: Jiangling Motors No.: 2026-011

200550 Jiangling B

Jiangling Motors Corporation Ltd.Public Announcement on 2025 Profit Distribution Proposal

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. Deliberation Procedures

The Board of Directors of Jiangling Motors Corporation Ltd. (hereinafter referred to as

‘JMC’ or the ‘Company’) reviewed and approved the "Proposal on 2025 Profit

Distribution" in form of a paper meeting held from March 20 to March 27 2025. The

voting results were as follows: 11 votes in favor 0 against and 0 abstentions. This

proposal is subject to review and approval by the Company’s shareholders’ meeting.II. Overview of the Profit Distribution Proposal

1. General Information

Audited by Ernst & Young Hua Ming LLP the consolidated net profit attributable to the

shareholders of the listed Company achieved in 2025 is RMB 1187465719. In

accordance with the Company Law the Articles of Association of the Company and other

relevant regulations and considering the Company's operational and developmental capital

requirements the Company proposed to implement the 2025 profit distribution proposal as

follows:

(1) During the reporting period there were no losses to be offset no statutory reserve was

appropriated and no discretionary surplus reserve was allocated. The Company's

undistributed profits as at the end of the reporting period amounted to RMB 9752190648.

(2) Based on the share capital of 854581922 shares after deducting shares repurchased by

the Company as of December 31 2025 a cash dividend of RMB 5.5581 per 10 shares (tax

inclusive) shall be distributed to all the shareholders with the total cash distribution

amounting to RMB 474985178.

(3) No capital reserve will be converted into share capital.

2. Total cumulative cash dividends of the Company for 2025: Subject to the approval of

this resolution by the shareholders’ meeting the total cash dividends of the Company for

2025 shall amount to RMB 474985178; The amount of share repurchases carried out by

the Company in 2025 using cash as consideration through centralized bidding and tender

offers is RMB 170194238 (excluding transaction fees). The combined total of the

Company’s cash dividends and share repurchases for 2025 is RMB 645179416

representing 54.33% of the net profit attributable to the shareholders of the listed Company

for 2025.

3. This profit distribution proposal is subject to approval by the shareholders' meeting of

the Company. If the Company's total share capital changes between the disclosure date and

the implementation date of this proposal the Company shall adjust the distribution ratio in

accordance with the principle of "maintaining a constant total cash dividend amount"

1which shall be disclosed in the subsequent profit distribution implementation

announcement.III. Details of the Profit Distribution Proposal

1. Relevant Indicators

Items Current fiscal Previous fiscal Two fiscal yearsyear year ago

Total Cash Dividend (RMB) 474985178.00 614608342.41 590438376.00

Total Amount of Share

Repurchase Cancellation 0 0 0

(RMB)

Net Profit Attributable to

Shareholders of the Listed 1187465719.00 1537139024 1475597266.00Company (RMB)）

Accumulated Retained Earnings at Year-End in Consolidated

Financial Statements (RMB) 9752190648.00

Accumulated Retained Earnings at Year-End in Parent

Company Financial Statements (RMB) 9826333041.00

Has the Company been listed for three full fiscal years Yes

Total Cash Dividends Distributed in the Last Three Fiscal Years

(RMB) 1680031896.41

Total Share Repurchase Cancellations in the Last Three Fiscal

Years (RMB) 0

Average Net Profit Over the Last Three Fiscal Years (RMB) 1400067336.33

Total Cash Dividends and Share Repurchase Cancellations

Over the Last Three Fiscal Years (RMB) 1680031896.41

Whether the Case Triggers the Circumstances for Imposition of

an "Other Risk Warning" (ST) Under Article 9.8.1(9) of the No

Listing Rules

2. Rationale Statement

The Company's 2025 annual profit distribution proposal complies with the provisions of

the Company Law Accounting Standards for Business Enterprises Regulatory Guidelines

for Listed Companies No. 3 – Cash Dividends of Listed Companies and the Articles of

Association of the Company. It aligns with the distribution policies stipulated in the

Articles of Association of the Company and the Shareholder Return Plan and this profit

distribution proposal is lawful compliant and reasonable.According to the aforementioned proposal the Company's 2025 dividend payout ratio

represents 40% of the net profit attributable to shareholders of the listed Company as stated

in the consolidated financial statements for the year. The profit distribution proposal

comprehensively considered factors such as the Company's operational development and

shareholder interests striking a balance between maintaining business stability and

enabling shareholders to share in the Company's performance achievements. This

allocation proposal aligns with the Company's operational performance and will not result

in liquidity shortages or other adverse impacts on the Company’s operations.IV. Relevant Risk Disclosures

The profit distribution proposal is subject to approval at the Company's 2025 Annual

Shareholders’Meeting before implementation. Investors are kindly advised to pay attention

2to this matter and be aware of investment risks.

V. Reference Documents

1.Resolution of the Board of Directors of Jiangling Motors Corporation Ltd.

2. Audit Report for the Fiscal Year 2025 of the Company.

It is hereby announced.Board of Directors

Jiangling Motors Corporation Ltd.March 28 2026

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