公告日期：2025-09-24

Share’s code： 000550 Share’s Name： Jiangling Motors No.： 2025-042

200550 Jiangling B

Jiangling Motors Corporation, Ltd.

Public Announcement on Proposed Capital Increase

in the Controlled Subsidiary and Related Party Transactions

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. Brief Introduction of Related Party Transactions

i. Basic information of related party transactions

In order to meet the needs of the Company's passenger vehicle business development, Jiangling
Motors Co., Ltd. (hereinafter referred to as "JMC" or "the Company"), Jiangling Motors Sales Co.,
Ltd. (a wholly-owned subsidiary of the Company), and Ford Motor Sales Service (Shanghai) Co.,
Ltd. (a wholly-owned subsidiary of Ford Motor Company) entered into the Distribution Service
Contract for JMC Ford Brand Vehicles to authorize Ford Motor Sales Service (Shanghai) Co., Ltd.
to provide full-scale distribution services for the Ford branded passenger vehicles and Ford
branded pickups manufactured by JMC.

The Company planned to jointly increase capital with Ford Motor Company (hereinafter referred
to as “Ford”) at their original shareholding ratios to the Company’s controlling subsidiary,
Jiangling Ford Automobile Technology (Shanghai) Co., Ltd. (hereinafter referred to as “Jiangling
Ford (Shanghai)”. The Company will contribute RMB 126,378 million through debt-to-equity
conversion, while Ford will invest RMB 121,422 in cash to settle the liabilities of Jiangling Ford
(Shanghai). Upon completion of this capital increase, the Company will remain a 51% equity
stake in Jiangling Ford (Shanghai), maintaining its current ownership ratio unchanged.

ii. Basic information of Related Relationships

Ford holds 32% of the Company’s equity and is the secon……
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