Share’s code： 000550 Share’s Name： Jiangling Motors No.： 2026—025

200550 Jiangling B

Jiangling Motors Corporation Ltd.Announcement on Year 2025 Dividend Distribution

Jiangling Motors Corporation Ltd. and its Board members warrant that the

information disclosed herein is true accurate and complete and does not contain

any false record misleading statement or material omission.Special note:

1. The proposal on dividend distribution of Jiangling Motors Corporation Ltd.

(hereinafter referred to as “JMC” or the “Company”) for the year 2025 was approved

at the Company’s 2025 Annual Shareholders’ Meeting held on June 25 2026 and the

dividend distribution plan is as follows: Based on the share capital of 854581922

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

of which the total number of A shares is 510581922 shares and the total number of B

shares is 344000000 shares as of December 312025 a cash dividend of RMB 5.5581

(including tax) per 10 shares is to be distributed to shareholders. No bonus shares shall

be issued and nor capital surplus shall be capitalized to increase share capital.

2. As of the disclosure date of this Announcement there are 8632078 shares in the

Company's share repurchase special account. According to the Shenzhen Stock

Exchange Self-Regulatory Supervision Guidelines for Listed Companies No. 9 —

Share Repurchases shares in the repurchase special account shall not be entitled to

dividend distribution. The total number of eligible shares is 854581922.

3. After the implementation of this dividend distribution the theoretical ex-rights and

ex-dividend reference prices per share calculated separately based on the total share

capital of the Company's A-shares and B-shares are as follows:

The Company's A-share distribution plan is not based on the total A-share share capital

and involves adjustments to relevant parameters. Therefore the dividend per 10 shares

must be calculated based on the Company's total share capital (i.e. total A-share

dividends / total A-share share capital).The actual total A-share cash dividend distributed this time (including tax) = A shares

eligible for this dividend distribution (excluding treasury shares) × actual dividend per

share distributed = 510581922 shares × RMB 0.55581 per share (including tax) =

RMB 283786538 (including tax).The Company's A-share dividend per 10 shares calculated based on the total A-share

share capital = actual total A-share cash dividend distributed this time ÷ total A-share

share capital (including treasury shares) × 10 = RMB 283786538 (including tax) ÷

1519214000 shares × 10 = RMB 5.465695 (including tax rounded to six decimal

places with the last digit directly truncated not rounded off).Upon the completion of this dividend distribution in accordance with the principle of

unchanged market capitalization the Company's total issued share capital remains

unchanged before and after the implementation of the dividend distribution. The

theoretical A-share ex-right and ex-dividend reference price = A-share closing price on

the record date - RMB 0.5465695 per share.The Company's B-share cash dividend per 10 shares is RMB 5.5581 (equivalent to

HKD 6.3930 per 10 shares at the exchange rate of HKD 1 = RMB 0.8694). After the

implementation of this equity distribution the B-share ex-right and ex-dividend price =

B-share closing price on the last trading day - HKD 0.63930 per share.I. Review and Approval of the Proposal on Dividend Distribution at Annual

Shareholders’Meeting

1. The proposal on dividend distribution of the Company for the year 2025 was

approved at the Company’s 2025 Annual Shareholders’Meeting held on June 25 2026

and the proposal on dividend distribution is as follows: 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 (including tax) per 10 shares is to

be distributed to shareholders. No bonus shares shall be issued and nor capital surplus

shall be capitalized to increase share capital.

2. From the disclosure of the distribution plan to the implementation period the

company's total share capital has remained unchanged.

3. The distribution of dividends is consistent with the proposal on dividend distribution

approved at the Shareholders’Meeting.

4. The implementation of the dividend distribution plan is less than two months away

from the date when the shareholders’ meeting approved it.II. Proposal on Dividend Distribution

The proposal on dividend distribution of the Company for the year 2025 is as follows:

based on the Company's existing total share capital of 854581922 shares after

deducting 8632078 treasury shares a cash dividend of RMB 5.558100 (including tax)

per 10 shares is to be distributed to shareholders. After tax qualified foreign

institutional investors (QFII and RQFII) holding the Company’s A-shares individual

shareholders and securities investment funds holding the Company’s pre-IPO limited

tradable A-shares will receive a cash dividend of RMB 5.002290 per 10 shares.Individual shareholders holding the Company’s post-IPO limited tradable A-shares

equity incentive limited tradable A-shares or unlimited tradable A-shares will receive

their dividends at differentiated tax rate i.e. receive a cash dividend of RMB 5.558100

2per 10 shares firstly and pay taxes per actual shareholding period in case investors

reduce their holdings of shares after equity record day (Note). Regarding the tax on

dividends of securities investment funds holding the Company’s post-IPO limited

tradable A-shares equity incentive limited tradable A-shares or unlimited tradable

A-shares Hong Kong investors shall pay tax at 10% of tax rate and domestic investors

shall pay tax at differentiated tax rate. Non-resident enterprise shareholders holding the

Company’s B-shares and individual shareholders holding the Company’s pre-IPO

limited tradable B-shares will receive an after-tax cash dividend of RMB 5.002290 per

10 shares. Domestic and foreign individual shareholders holding the Company’s

unlimited tradable B-shares will receive their dividends at differentiated tax rate i.e.receive a cash dividend of RMB 5.558100 per 10 shares firstly and pay taxes per actual

shareholding period in case investors reduce their holdings of shares after equity record

day.Note: shareholding period shall be counted on a securities account basis under the

principle of “First-In First-Out”. Regarding the shareholding period within one month

(including one month) the shareholder shall pay extra tax of RMB 1.111620 per 10

shares upon disposal; regarding the shareholding period more than one month up to

one year (including one year) the shareholder shall pay extra tax of RMB 0.555810

per 10 shares; no additional tax for holdings over one year.Special Statement: As the Company is a Sino-foreign joint venture individual foreign

shareholders may enjoy temporary exemption from dividend income tax.The cash dividend payable to holders of B shares shall be paid in Hong Kong Dollars

converted at HKD 1.00 = RMB 0.8694. This rate is the central parity exchange rate

between Hong Kong Dollars and RMB published by the People’s Bank of China on the

first business day following the adoption of relevant resolutions at the Company’s

Annual Meeting of Shareholders i.e. June 26 2026.The tax to be paid by the

individual B shareholders withheld in the future shall be converted according to the

aforementioned exchange rate.III. Equity Record Date and Ex-dividend Date

1. Equity record date for A shares: July 13 2026;

Ex-dividend date: July 14 2026.

2. Last trading date for B shares: July 13 2026;

Ex-dividend date: July 14 2026;

Equity record date for B shares: July 16 2026.IV. Beneficiaries

1. All the A-share holders of the Company who have registered with China Securities

Depository and Clearing Corporation Ltd. Shenzhen Branch as of the close of trading

of Shenzhen Stock Exchange on July 13 2026.

32. All the B-share holders of the Company who have registered with China Securities

Depository and Clearing Corporation Ltd. Shenzhen Branch as of the close of trading

of Shenzhen Stock Exchange on July 16 2026 (the last trading date is July 13 2026).V. Distribution Methods

1. Cash dividends payable to holders of the Company’s A shares shall be distributed

by China Securities Depository and Clearing Corporation Ltd. Shenzhen Branch

under the Company’s authorization and directly credited to the shareholders’ accounts

through their designated securities brokers on July 14 2026.

2. Cash dividends payable to holders of the Company’s B shares shall be distributed by

China Securities Depository and Clearing Corporation Ltd. Shenzhen Branch under

the Company’s authorization and directly credited to the shareholders’ securities

accounts through their designated securities brokers or custodian banks on July 16

2026. A B-share holder who completes a custodian transfer on July 16 2026 shall still

receive the dividend from the former custodian bank.

3. The Company shall distribute the cash dividends directly for Nanchang Jiangling

Investment Co. Ltd.During the application window for profit distribution business (application date: July 1

2026 to record date: July 13 2026) if the amount of cash dividends authorized to

China Securities Depository and Clearing Corporation Ltd. Shenzhen Branch to

distribute is insufficient due to the reduction of shares in the securities account of the

shareholders receiving direct dividend disbursement from the Company all the legal

liabilities and consequences shall be borne by the Company.VI. Adjustment of relevant parameters

As the Company's treasury shares are not entitled to the dividend distribution after the

implementation of this profit distribution in accordance with the principle of

unchanged market capitalization the Company's total share capital remains unchanged

before and after the actual profit distribution while cash dividend per share be diluted

accordingly. After the implementation of this profit distribution the calculation

formulas for the reference ex-right and ex-dividend prices per share separately

calculated based on the total share capital of the Company's A-shares and B-shares are

as follows:

The actual total A-share cash dividend distributed this time (including tax) = Total A

shares eligible for this profit distribution (excluding treasury shares) × actual dividend

per share = 510581922 shares × RMB 0.55581 per share (including tax) = RMB

283786538 (including tax).

The Company's A-share dividend per 10 shares calculated based on the outstanding

4A-shares = actual total A-share cash dividend distributed this time ÷ total outstanding

A-shares (including treasury shares) × 10 = RMB 283786538 (including tax) ÷

519214000 shares × 10 = RMB 5.465695 (including tax the result is retained to six

decimal places with the last digit directly truncated not rounded off).After the implementation of this profit distribution in accordance with the principle of

unchanged market capitalization the Company's total share capital remains unchanged

before and after the implementation of the profit distribution. The reference A-share

ex-right and ex-dividend price = A-share closing price on the record date - RMB

0.5465695 per share.

The Company's B-share cash dividend per 10 shares is RMB 5.5581 (equivalent to

HKD 6.3930 per 10 shares at the exchange rate of HKD 1 = RMB 0.8694). After the

implementation of this profit distribution the B-share reference ex-right and

ex-dividend price = B-share closing price on the last trading day - HKD 0.63930 per

share.VII. Other Explanation

If income tax has been withheld from dividends distributed to a B Shareholder who is

neither a domestic individual nor a non-resident enterprise such shareholder shall

contact the Company by 16 August 2026 (inclusive) and submit supporting documents

for eligibility verification. Upon confirmation the Company will assist in the refund of

the taxes withheld.VIII. Consulting Department: Securities Department Jiangling Motors Corporation

Ltd.Address: No.2111 Middle Yingbin Avenue Nanchang County Nanchang City Jiangxi

Province P.R.C.Tel: 0791-85266178

Fax: 0791-85232839

Contact person: Quan Shi Wan Xianke

IX. Documents for reference

1. Resolution of the Board of Directors of JMC;

2. Resolution of the 2025 Annual Shareholders’Meeting of JMC;

3. A document confirming the specific timing of the dividend distribution issued by

China Securities Depository and Clearing Corporation Limited Shenzhen Branch.The announcement is hereby published.Board of Directors

Jiangling Motors Corporation Ltd.July 7 2026

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