江铃Ｂ:江铃汽车2024年度权益分派实施公告(英文版)

Share’s code： 000550 Share’s Name： Jiangling Motors No.： 2025—035
200550 Jiangling B
Jiangling Motors Corporation, Ltd.
PublicAnnouncement on Year 2024 Dividend Distribution
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.
Special note:
1. The proposal on dividend distribution of Jiangling Motors Corporation, Ltd.
(hereinafter referred to as “JMC” or the “Company”) for the year 2024 was approved at
the Company’s 2024 Annual Shareholders’ Meeting held on June 24, 2025, and the
proposal on dividend distribution is as follows: based on the Company’s total share
capital of 863,214,000 shares, of which the total number of A shares is 519,214,000
shares and the total number of B shares is 344,000,000 shares, as of 31 December 2024,
a cash dividend of RMB 7.12 (including tax) per 10 shares is to be distributed to
shareholders. No bonus shares will be issued, and no capital reserves will be used to
increase share capital. If the Company's share capital changes due to share repurchases
or other reasons prior to the equity registration date for the implementation of this profit
distribution plan, the Company will recalculate the distribution ratio based on the
remaining number of shares after deducting the number of shares in the repurchase
account from the total share capital, in accordance with the principle of ‘fixed total cash
dividend amount’.
2. As of the disclosure date of this announcement, there are 8,570,478 shares in the
Company's share repurchase special account. According to the Shenzhen Stock
Exchange Listing Rules for Listed Companies No. 9 — Share Repurchase, shares in the
repurchase special account do not have profit distribution rights. The number of shares
with distribution rights is 854,643,522.
3. After the implementation of this dividend distribution, the reference prices per share
after ex-rights and ex-dividends, calculated based on the total share capital of the
Company's A-shares and B-shares respectively, are as follows:
Thetotal amount ofcash dividends distributedforA-shares (includingtaxes)=theactual
number of A-shares participating in this dividend distribution (excluding repurchased
shares) × the actual cash dividend per share = 510,643,522 shares × RMB 0.71914 per
share (including taxes) = RMB 367,224,182.41 (including taxes). The cash dividend
(including tax) per 10 shares calculated based on the Company's total A-share capital
(including repurchased shares) = the total amount of cash dividends distributed for A-
shares ÷ A-share capital (including repurchased shares) × 10, i.e., RMB 7.072694
(including tax) = RMB 367,224,182.41 (including tax) ÷ 519,214,000 shares × 10.After
the implementation of this dividend distribution, in accordance with the principle of
unchanged stock market value, the total share capital of the Company remains
unchanged before and after the dividend distribution. The A-share ex-rights and ex-
dividends price = the closing price of A-shares on the equity record date – RMB
0.7072694 per share;
The cash dividend for Company B-shares is RMB 7.1914 per 10 shares (equivalent to
HKD 7.8767 per 10 shares, with an exchange rate of HKD: RMB = 1:0.9130).After the
implementation of this dividend distribution, the ex-rights and ex-dividends price for B-
shares = the closing price of B-shares on the last trading day - HKD 0.78767 per share.
I. Review and approval of the Proposal on Dividend Distribution at a Shareholders’
Meeting
1. The proposal on dividend distribution of Company for the year 2024 was approved
at the Company’s 2024 Annual Shareholders’ Meeting held on June 24, 2025, and
the proposal on dividend distribution is as follows: based on the Company’s total
sharecapitalof863,214,000sharesasof31December2024,acashdividendofRMB
7.12 (including tax) per 10 shares is to be distributed to shareholders. No bonus
shares will be issued, and no capital reserves will be used to increase share capital.
If the Company's share capital changes due to share repurchases or other reasons
prior to the equity registration date for the implementation of this profit distribution
plan, the Company will recalculate the distribution ratio based on the remaining
number of shares after deducting the number of shares in the repurchase account
from the total share capital, in accordance with the principle of ‘fixed total cash
dividend amount.’
2. As of the disclosure date of this announcement, there are 8,570,478 shares in the
Company's share repurchase special account, shares in the repurchase special
account do not have profit distribution rights. Therefore, the actual 2024 profit
distributionplanoftheCompanyis asfollows: Basedonthetotaldistributableshares
of 854,643,522 shares (calculated as the Company’s total outstanding shar