Share’s code：
| Share’s code： | 000550 | Share’s Name： | Jiangling Motors | No.： | 2023—016 |
| 200550 | Jiangling B |
Jiangling Motors Corporation, Ltd.Public Announcement on Resolutions of the Supervisory Board
Jiangling Motors Corporation, Ltd. and the members of its Supervisory Boardundertake that the information disclosed herein is truthful, accurate andcomplete and does not contain any false statement, misrepresentation or majoromission.
I. Time, Place & Form of Holding the MeetingThe Supervisory Board meeting of Jiangling Motors Corporation, Ltd. (hereinafterreferred to as ‘JMC’) was held in form of paper meeting from May 21 to May 24,2023. The procedure of convening and holding the meeting complied with thestipulation of the relevant laws, regulations and the Articles of Association of JMC.
II. Status of the Supervisors Attending the MeetingFive Supervisors shall attend this meeting and five supervisors were present.
III. ResolutionsThe Supervisors present at the meeting approved the following resolutions based ontheir discussion:
i. The Supervisory Board expressed its opinions on JMC Year 2023-2025 ShareholderReturn Plan as follows:
The Shareholder Return Plan in the next three years formulated by the Board of theCompany accords with the interests of the listed Company and all the shareholders,not only paying attention to investors’ reasonable return but also the Company’slong-term and sustainable development, which benefits legal interest protection forinvestors and does not hurt the interests of the Company and minority shareholders.
There were 5 votes in favor of this proposal, 0 vote against, and 0 abstention.
The aforesaid Shareholder Return Plan was published in the websitewww.cninfo.com.cn.
ii. Given the three-year term of the Tenth Supervisory Board of JMC will soon expirepursuant to the provision of the Articles of Association of JMC, the SupervisoryBoard approved submitting to the Shareholders' Meeting the nominations of thefollowing personnel as candidates for the new Supervisory Board:
Nanchang Jiangling Investment Co., Ltd. nominated Mr. Xiao Hu and Mr. Zhang Jianas candidates for Supervisor on the Eleventh Supervisory Board of JMC; and
Ford Motor Company nominated Mr. Zhang Yangyang as a candidate for Supervisoron the Eleventh Supervisory Board of JMC.
Each of the above-mentioned supervisor candidates was presented as a separateproposal to the Supervisory Board meeting for voting and there were 5 votes in favorof the proposals, 0 vote against, and 0 abstention.
The resumes of the candidates for the new Supervisory Board are as follows:
Mr. Xiao Hu, born in 1968, holds a Bachelor’s Degree in Radio from InformationScience & Electronic Engineering Department of Zhejiang University, and is amember of the Standing Committee of the CPC, the secretary of Discipline InspectionCommission and Chairman of Supervisory Board for Jiangling Motor Group Co., Ltd.,and Chief Supervisor of JMC. Mr. Xiao Hu has served as a cadre in the GeneralOffice of the Nanchang Municipal People's Government, Deputy Director of theOffice of the Working Committee of the Nanchang Hi-tech Industrial DevelopmentZone, Deputy Director of the Software Industry Office of the Nanchang Hi-techIndustry Development Zone Administrative Committee, Deputy Head of theOrganization Department of the Working Committee of Nanchang Hi-tech IndustryDevelopment Zone, Deputy Director of the Personnel and Labor Bureau of theNanchang Hi-tech Industry Development Zone Administrative Committee, Head ofthe Organization Department of the Working Committee of Nanchang Hi-techIndustry Development Zone, and the Director of the Personnel Bureau of theNanchang Hi-tech Industry Development Zone Administrative Committee.
As of the disclosure date of this announcement, Mr. Xiao Hu did not hold any sharesof the Company. Except for the above mentioned position in the shareholder of theCompany, Mr. Xiao Hu has no relationship with the other shareholders holding morethan 5% of the shares of the Company and their actual controllers, as well as otherDirectors, Supervisors and senior executives of the Company. Mr. Xiao Hu has notbeen punished by China Securities Regulatory Commission or other relevantDepartments or taken disciplinary action by the Stock Exchanges, and has not beeninvestigated by judicial organs for suspected crimes or by China Securities RegulatoryCommission on suspicion of violations of laws and regulations. There is no thesituation on which he is prohibited to serve as a Company Supervisor as stipulated inthe Company Law and the Articles of Association of the Company. Mr. Xiao Humeets the qualifications required in the laws, administrative regulations, departmentalrules, normative documents, Rules Governing Listing of Stock on Shenzhen StockExchange and the Articles of Association of the Company. After the inquiry of"National Court Information Disclosure and Inquiry Platform of Persons Subject toEnforcement for Trust-breaking", Mr. Xiao Hu does not belong to the person subjectto enforcement for trust-breaking.
Mr. Zhang Yangyang, born in 1979, holds a LLB Degree in International Law fromChina Foreign Affairs University and a LLM Degree from the University of Michigan
Law School (Ann Arbor), is qualified to practice law in People’s Republic of Chinaand in the State of New York, the United States of America, and is currently serving asa Director and General Counsel of Ford Motor (China) Ltd., Principle of BeijingBranch for Ford Motor (China) Ltd., a Supervisor of Ford Electric Mache Technology(Nanjing) Co., Ltd., a Supervisor of Ford Electric Mache Auto Sales (Shanghai) Co.,Ltd. and a Supervisor of JMC. Mr. Zhang Yangyang previously assumed a series oflegal related positions within Ford including Managing Counsel for Ford China andASEAN region, Senior Counsel for Ford China Operations, etc.
As of the disclosure date of this announcement, Mr. Zhang Yangyang did not hold anyshares of the Company. Except for the above mentioned position in the shareholder ofthe Company, Mr. Zhang Yangyang has no relationship with the other shareholdersholding more than 5% of the shares of the Company and their actual controllers, aswell as other Directors, Supervisors and senior executives of the Company. Mr. ZhangYangyang has not been punished by China Securities Regulatory Commission or otherrelevant Departments or taken disciplinary action by the Stock Exchanges, and hasnot been investigated by judicial organs for suspected crimes or by China SecuritiesRegulatory Commission on suspicion of violations of laws and regulations. There isno the situation on which he is prohibited to serve as a Company Supervisor asstipulated in the Company Law and the Articles of Association of the Company. Mr.Zhang Yangyang meets the qualifications required in the laws, administrativeregulations, departmental rules, normative documents, Rules Governing Listing ofStock on Shenzhen Stock Exchange and the Articles of Association of the Company.After the inquiry of "National Court Information Disclosure and Inquiry Platform ofPersons Subject to Enforcement for Trust-breaking", Mr. Zhang Yangyang does notbelong to the person subject to enforcement for trust-breaking.
Mr. Zhang Jian, born in 1969, holds a College Degree in Secretarial Professional fromNorth China University of Technology, and is Chairman of Labor Union for JianglingMotor Group Co., Ltd., Chairman of Supervisory Board of Nanchang JianglingInvestment Co., Ltd., and a Supervisor of JMC. Mr. Zhang Jian held various positionsincluding Deputy Chief and Chief of Political Affairs Department under JMC EnginePlant, Chairman Secretary and Office Deputy Director of JMC, Director of Office,Director of Communist Party Office, Chief of Publicity Department, Assistant toGeneral Manger, Senior Vice Chairman of Labor Union for Jiangling Motor Company(Group), and Chairman of Supervisory Board of Jiangling Motor Holdings Co., Ltd.
As of the disclosure date of this announcement, Mr. Zhang Jian holds 40 shares of theCompany. Except for the above mentioned position in the shareholder of theCompany, Mr. Zhang Jian has no relationship with the other shareholders holdingmore than 5% of the shares of the Company and their actual controllers, as well asother Directors, Supervisors and senior executives of the Company. Mr. Zhang Jianhas not been punished by China Securities Regulatory Commission or other relevantDepartments or taken disciplinary action by the Stock Exchanges, and has not beeninvestigated by judicial organs for suspected crimes or by China Securities Regulatory
Commission on suspicion of violations of laws and regulations. There is no thesituation on which he is prohibited to serve as a Company Supervisor as stipulated inthe Company Law and the Articles of Association of the Company. Mr. Zhang Jianmeets the qualifications required in the laws, administrative regulations, departmentalrules, normative documents, Rules Governing Listing of Stock on Shenzhen StockExchange and the Articles of Association of the Company. After the inquiry of"National Court Information Disclosure and Inquiry Platform of Persons Subject toEnforcement for Trust-breaking", Mr. Zhang Jian does not belong to the personsubject to enforcement for trust-breaking.
iii. The Supervisory Board approved the Notice on Holding 2022 AnnualShareholders’ Meeting of JMC.
There were 5 votes in favor of this proposal, 0 vote against, and 0 abstention.
The full text of the Notice on Holding 2022 Annual Shareholders’ Meeting of JMCwas published on May 26, 2023 in China Securities, Securities Times, Hong KongCommercial Daily and the website www.cninfo.com.cn.
The announcement hereby is published.
Supervisory BoardJiangling Motors Corporation, Ltd.May 26, 2023