Share’s code: | 000550 200550 | Share’s Name: | Jiangling Motors Jiangling B | No.: | 2024-031 |
Jiangling Motors Corporation, Ltd.Extracts from 2024 Half-year Report
1. Important note
These extracts are extracted from the original of JMC half-year report. To fullyunderstand the Company’s operating results, financial status and futuredevelopment plan, investors should carefully read the original for details in thewebsite designated by CSRC for publication of JMC’s Half-year Report.
All the Directors were present at the Board meeting to review this Half-yearReport.
Abnormal opinions from accounting firm for the reporting period
□Applicable ?Not Applicable
Proposal on profit distribution and converting capital reserve to share capital
□Applicable ?Not Applicable
JMC will not pay dividend in cash or stock, or convert capital reserve to sharecapital.
Proposal on profit distribution of preferred shares
□Applicable ?Not Applicable
2. Brief introductions
2.1 Company’s information
Share’s name | Jiangling Motor, Jiangling B | Share’s code | 000550, 200550 |
Place of listing | Shenzhen Stock Exchange | ||
Contact persons and contact details | Board Secretary | Securities Affair Representative | |
Name | Xu Lanfeng | Quan Shi | |
Contact address | No. 2111, Yingbin Middle Avenue, Nanchang City, Jiangxi Province, P.R.C | ||
Telephone | 86-791-85266178 | ||
Fax | 86-791-85232839 | ||
relations@jmc.com.cn |
2.2 Main accounting data and financial ratios
Whether the previous accounting data should be retroactive adjusted?
□Yes ?No
Unit: RMB
Reporting period (2024 first half) | Same period last year | Change (%) | |
Revenue | 17,920,065,801.00 | 15,429,372,309.00 | 16.14% |
Profit Attributable to the Equity Holders of the Company | 895,480,117.00 | 729,387,557.00 | 22.77% |
Net Profit Attributable to Shareholders of Listed Company After Deducting Non-Recurring Profit or Loss | 811,172,488.00 | 417,729,211.00 | 94.19% |
Net Cash Generated From Operating Activities | 733,329,677.00 | 1,657,148,337.00 | -55.75% |
Basic Earnings Per Share (RMB) | 1.04 | 0.84 | 22.77% |
Diluted Earnings Per Share (RMB) | 1.04 | 0.84 | 22.77% |
Weighted Average Return on Equity Ratio | 8.29% | 7.59% | up 0.7 percentage points |
At the end of the reporting period | At the end of the previous year | Change (%) | |
Total Assets | 29,874,677,888.00 | 29,141,187,886.00 | 2.52% |
Shareholders’ Equity Attributable to the Equity Holders of the Company | 10,655,967,834.00 | 10,350,145,738.00 | 2.95% |
2.3 Shareholders and shareholding status
Total shareholders (as of June 30, 2023) | JMC had 29,904 shareholders, including 24,401 A-share holders, and 5,503 B-share holders. | ||||
Shareholder Name | Shareholder Type | Shareholding Percentage (%) | Shares at the End of Year | Shares with Trading Restriction | Shares due to mortgage or frozen or tag |
Nanchang Jiangling Investment Co., Ltd. | State-owned legal person | 41.03% | 354,176,000 | 0 | 0 |
Ford Motor Company | Foreign legal person | 32.00% | 276,228,394 | 0 | 0 |
Hong Kong Securities Clearing Company Ltd. (HKSCC) | Foreign legal person | 4.01% | 34,636,448 | 0 | 0 |
Jin Xing | Domestic natural | 0.72% | 6,204,200 | 0 | 0 |
person | ||||||
China Merchants Securities (HK) Co., Ltd. | Foreign legal person | 0.56% | 4,818,133 | 0 | 0 | |
Guangfa Wen Xin Capital Preservation Hybrid | Domestic non-State-owned legal persons | 0.39% | 3,370,480 | 0 | 0 | |
Guangfa Ruixuan Three Months Regularly Open Mixed Initiating Securities Investment Fund | Domestic non-State-owned legal persons | 0.29% | 2,511,500 | 0 | 0 | |
Guangfa Shengjing Mixed Securities Investment Fund | Domestic non-State-owned legal persons | 0.27% | 2,359,060 | 0 | 0 | |
Li Yifeng | Domestic natural person | 0.26% | 2,227,500 | 0 | 0 | |
MORGAN STANLEY & CO. INTERNATIONAL PLC. | Foreign legal person | 0.25% | 2,157,624 | 0 | 0 | |
Description of association among the above-mentioned shareholders or concerted action | Guangfa Wen Xin Capital Preservation Hybrid, Guangfa Ruixuan Three Months Regularly Open Mixed Initiating Securities Investment Fund, Guangfa Shengjing Mixed Securities Investment Fund are in custody of GF FUND MANAGEMENT CO.,LTD. Shareholders holding more than 5% are not related. | |||||
Description of the top 10 shareholders participating in margin trading business | None |
Participation of Shareholders holding more than 5% of shares, top 10shareholders and top 10 shareholders with unlimited shares in the lending ofshares in the refinancing business
□Applicable ?Not Applicable
Change in the top 10 shareholders of the Company and the top 10shareholders with unlimited shares from the previous period due tolending/repatriation of refinancing business
□Applicable ?Not Applicable
2.4 Change of controlling shareholders or actual controlling partiesChange of controlling shareholders
□Applicable ?Not Applicable
There was no change of controlling shareholders during the reporting period.
Change of actual controlling parties
□Applicable ?Not Applicable
There was no change of actual controlling parties during the reporting period.
2.5 Total shareholders and top ten shareholders holding preferred shares
□Applicable ?Not Applicable
There was no shareholder holding preferred shares during the reportingperiod.
2.6 Company Bond
□Applicable ?Not Applicable
3. Major Events
During the reporting period, there was no significant change in JMC's businesssituation.