江铃Ｂ:江铃汽车十一届七次董事会决议公告(英文版)

Share’s code： 000550 Share’s Name： Jiangling Motors No.： 2024-045
200550 Jiangling B
JianglingMotorsCorporation,Ltd.
PublicAnnouncement onResolutionsof
the SeventhSessionofthe EleventhBoardofDirectors
Jiangling Motors Corporation, Ltd. and its Board members undertake that the information
disclosedherein istruthful, accurate and complete and doesnot contain any falsestatement,
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 a written meeting notice to all the Directors, Supervisors, the
members of the Executive Committee and relevant persons on November 29, 2024.
II. Time, Place & Form of Holding the Meeting
The Board meeting was held in the Conference Center, 20th floor, JMC Building, Nanchang on
December 10, 2024. The procedure of convening and holding the meeting complied with the
stipulation of the relevant laws, administrative regulations, departmental rules, normative
documents and the Articles ofAssociation of JMC.
III. Status of the Directors Attending the Meeting
Nine Directors shall attend this Board meeting and nine Directors were present.
IV. Resolutions
The Directors present at the meeting approved the following resolutions basedontheir discussion:
1. 2025 Routine RelatedParty Transaction Forecast Proposal
The Board of Directors approved the 2025 forecast proposal for type A routine related party
transactions and authorized the Execute Committee to finalize detailed contracts with the
individual related parties and to submit them to the Shareholders’ Meeting for approval.
The Board of Directors approved the 2025 forecast proposal for type B routine related party
transactions and authorized the Execute Committee to sign detailed contracts with the individual
related parties.
The proposal relates to related party transactions and has been reviewed at a special meeting of
the Company's Independent Directors before being submitted to the Board of Directors for
consideration.
When voting on the proposal, Director Shengpo Wu, Director Ryan Anderson and Director Xiong
Chunying withdrew from the voting on the related party transactions associated with Ford and
its affiliates; Director Qiu Tiangao and Director Zhong Junhua withdrew from the voting on the
related party transactions associated with JMCG and its affiliates; Director Qiu Tiangao, Director
Zhong Junhua and Director Yuan Mingxue withdrew from the voting on the related party
transactions associated with Nanchang Jiangling Investment Co., Ltd. and its affiliates; all the
other Directors agreed with the proposal.
Please refer to the Public Announcement on Forecast of the Routine Related Party Transactions
of JMC in 2025 published on December 12, 2024 in China Securities, Securities Times, Hong
Kong Commercial Daily and the website http://www.cninfo.com.cn for details.
2. Personnel Proposal
Due to changes in work assignments, the Board of Directors decided that Mr. Yang Shenghua no
longer serve asaVice President ofthe Company. Upon the nomination bythe Company President,
the Board of Directors approved the appointment of Mr. Chen Lei as a Vice President of the
Company.
Due to changes in work assignments, the Board of Directors decided that Mr. Liu Rangpo no
longer serve as a Vice President of the Company or as a Director of Jiangling Ford Automobile
Technology (Shanghai) Co.,Ltd., a subsidiary of the Company.
The Board ofDirectors nominated Ms. Zhong Junhua asa Director ofJiangling FordAutomobile
Technology (Shanghai) Co., Ltd. and elected as the Chairman of Jiangling Ford Automobile
Technology (Shanghai) Co., Ltd., and Mr. Jin Wenhui shall no longer serve as the Chairman of
Jiangling FordAutomobile Technology (Shanghai) Co.,Ltd., still serve as aDirector of Jiangli ng
FordAutomobile Technology (Shanghai) Co., Ltd.
The above-mentioned personnel changes shall take effect since January 1, 2025.
There were 9 votes in favor of the proposals, 0 vote against, and 0 abstention.
Mr. Yang Shenghua will not take any post in the Company after the aforesaid personnel changes.
As of the disclosure date of the announcement, Mr. Yang Shenghua did not hold any JMC share.
Mr. Liu Rangpo will not take any post in the Company after the aforesaid personnel changes. As
of the disclosure date of the announcement, Mr. Liu Rangpo did not hold any JMC share.
Mr. Chen Lei’s Resume
Mr. Chen Lei, born in 1979, holds a Bachelor's degree in Electrical Automation from Jiangsu
University of Science and Technology and an MBA degree from Nanjing University of
Aeronautics and Astronautics.
Mr. Chen Lei has served as the Director of Supplier Technical Assistance (STA) and Electrified
Propulsion Engineering (EPE) Supply Chain for Ford China, EPE Supply Chain Director for
Ford China’s EV Business, STA Director for Ford China, STA Director