/Share’s code： 000550 Share’s Name： Jiangling Motors No.： 2026-010

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

as ‘JMC’ or the ‘Company’) sent out the 2025 Annual Report of JMC and relevant

proposals to all the Directors on March 20 2026.II. Time Place & Form of Holding the Meeting

The Board meeting was held in form of paper meeting from March 20 to March 27

2026. The procedure of convening and holding the meeting complied with the

stipulation of the relevant laws regulations and the Articles of Association of JMC.III. Status of the Directors Attending the Meeting

Eleven Directors shall attend this Board meeting and eleven Directors were present.IV. Resolutions

The Directors present at the meeting approved the following resolutions in form of

paper meeting:

1.The Board approved to submit to the 2025 Annual Shareholders’ Meeting the

following proposal on Year 2025 profit distribution:

(1). to appropriate the dividend distribution from the profit available for distribution

which shall be equal to RMB 0.55581 per share and shall apply to the Company’s

total share capital; and

(2). to carry forward the unappropriated portion to the following fiscal year.

Profit distribution proposal: a cash dividend of RMB 5.5581 (including tax) per 10

shares will be distributed to shareholders. Based on the share capital of 854581922

shares after deducting shares repurchased by the Company as of December 31 2025

total cash dividend distribution amounts to RMB 474985178.The cash dividend on B share shall be paid in Hong Kong Dollars and converted at

the middle rate of the HK dollar’s exchange rate against RMB quoted by the People’s

Bank of China on the first working day following the relevant resolution adopted by

the Company’s Annual Shareholders’Meeting.

1The Board decides not to convert the capital reserve to the share capital this time.

There were 11 votes in favor of this proposal 0 vote against and 0 abstention.This proposal is subject to the approval by the 2025 Annual Shareholders’ Meeting of

the Company.Please refer to the Public Announcement of JMC on Proposal of Year 2025 Profit

Distribution published on March 28 2026 in China Securities Securities Times Hong

Kong Commercial Daily and on the website www.cninfo.com.cn for details.

2. The Board of Directors approved the 2025 Annual Report of the Company and the

Extracts from such Annual Report.There were 11 votes in favor of this report 0 vote against and 0 abstention.The full text of the 2025 Annual Report of the Company and the Extracts from such

Annual Report were published on the website www.cninfo.com.cn.

3. The Board of Directors approved the 2025 Work Report of the Board of Directors

of the Company.There were 11 votes in favor of this report 0 vote against and 0 abstention.This report is subject to the approval by the 2025 Annual Shareholders’ Meeting of

the Company.The Independent Directors of the Company have respectively submitted the Report on

Independent Directors’ Performance in 2025 to the Board of Directors and will report

at the 2025 Annual Shareholders’ Meeting of the Company. The full text of the

Reports on Independent Directors’ Performance in 2025 was published on the website

www.cninfo.com.cn.

4. The Board of Directors approved the 2025 Financial Statements of the Company.

There were 11 votes in favor of the Financial Statements 0 vote against and 0

abstention.The Financial Statements have been reviewed and unanimously approved by the

Audit Committee under the Board of Directors of the Company before being

submitted to the Board of Directors.The full text of the 2025 Financial Statements of JMC was published on the website

www.cninfo.com.cn.

25. The Board of Directors approved the 2025 Internal Control Self-assessment Report

of the Company.There were 11 votes in favor of this report 0 vote against and 0 abstention.This report has been reviewed and unanimously approved by the Audit Committee

under the Board of Directors of the Company before being submitted to the Board of

Directors.The full text of the 2025 Internal Control Self-assessment Report of the Company was

published on the website www.cninfo.com.cn.

6. The Board of Directors approved the 2025 Environment Social and Governance

(ESG) Report of the Company.

There were 11 votes in favor of this report 0 vote against and 0 abstention.The full text of the 2025 Environment Social and Governance (ESG) Report of the

Company was published on the website www.cninfo.com.cn.

7. The Board of Directors approved JMCG Finance Company Continuous Risk

Assessment Report.When voting on this report Director Qiu Tiangao and Director Zhong Junhua

withdrew from the voting and all the other Directors agreed this report.The full text of JMCG Finance Company Continuous Risk Assessment Report was

published on the website www.cninfo.com.cn.

8. The Board of Directors approved the Work Summary Report of the Statutory

Auditor for 2025 Audit and Audit Committee Oversight Report of JMC.There were 11 votes in favor of this report 0 vote against and 0 abstention.This report has been reviewed and unanimously approved by the Audit Committee

under the Board of Directors of the Company before being submitted to the Board of

Directors.The full text of the Work Summary Report of the Statutory Auditor for 2025 Audit

and Audit Committee Oversight Report of JMC was published on the website

www.cninfo.com.cn.

9. The Board of Directors approved the Special Opinions of the Board of Directors on

the Assessment of Independence of the Independent Directors of the Company.

3When voting on the Opinions Independent Director Yu Zhuoping Independent

Director Chen Jiangfeng Independent Director Wang Yue and Independent Director

Chen Ping withdrew from the voting and all the other Directors agreed the Opinions.The full text of the Special Opinions of the Board of Directors on the Assessment of

Independence of the Independent Directors of the Company was published on the

website www.cninfo.com.cn.It is hereby announced.Board of Directors

Jiangling Motors Corporation Ltd.March 28 2026

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