Jiangling Motors Corporation, Ltd. (hereinafter referred to as "Jiangling Motors" or "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
1. Meeting Notification
The Board of Directors of Jiangling Motors Corporation, Ltd. issued a notice regarding the relevant proposals for this board meeting to all directors via dedicated email on May 25, 2026.
2. Meeting Time, Place, and Method
This board meeting was held from May 25 to June 1, 2026, through written voting. The convening and holding of the meeting complied with relevant laws, administrative regulations, departmental rules, normative documents, and the Company’s articles of association.
3. Attendance of the Board
There were 11 directors eligible to attend the meeting, and all 11 were present.
4. Meeting Resolutions
The attending directors passed the following resolutions through written voting:
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The Board agreed to the "2026-2028 Shareholder Return Plan of Jiangling Motors Corporation, Ltd." and submitted it for approval by the shareholders' meeting. Votes in favor: 11; Votes against: 0; Abstentions: 0. The full text of the "2026-2028 Shareholder Return Plan of Jiangling Motors Corporation, Ltd." is published on the Giant Tide Information Network at www.cninfo.com.cn.
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In accordance with the provisions of the "Articles of Association," the three-year term of the 11th Board of Directors is about to expire. The Board approved the submission of the following candidates for the new 12th Board of Directors to the shareholders' meeting:
- Nanchang Jiangling Investment Co., Ltd. nominated Mr. Qiu Tiangao, Mr. Yuan Mingxue, and Ms. Zhong Junhua as candidates for directors of the 12th Board of Directors;
- Nominated Mr. Yu Zhaoping and Mr. Chen Ping as candidates for independent directors of the 12th Board of Directors;
- Ford Motor Company nominated Mr. Wu Shengbo, Mr. Ryan Anderson, and Ms. Xiong Chunying as candidates for directors of the 12th Board of Directors;
- Nominated Mr. Yong Wang and Mr. Xue Linan as candidates for independent directors of the 12th Board of Directors. The Board voted on each of the above candidates, with unanimous results: Votes in favor: 11; Votes against: 0; Abstentions: 0. Mr. Yong Wang has not yet obtained the independent director qualification certificate but has committed to participate in the latest independent director training organized by the Shenzhen Stock Exchange and obtain the independent director qualification certificate recognized by the Shenzhen Stock Exchange. The information of the four independent director candidates will be submitted to the Shenzhen Stock Exchange and, after review without objection, submitted to the shareholders' meeting for deliberation and voting. The above re-election proposal was approved by a special meeting of independent directors before being submitted to the Board for review.
Candidate Profiles
- Mr. Qiu Tiangao, born in 1966, holds a bachelor's degree in electromechanical manufacturing from Huazhong University of Science and Technology and a master's degree in industrial engineering from Huazhong University of Science and Technology. He is currently the chairman of Jiangling Motors Group Co., Ltd., chairman of Nanchang Jiangling Investment Co., Ltd., chairman of Jiangling Motors Corporation, Ltd., chairman of Jiangxi Isuzu Motors Co., Ltd., and chairman of Jiangxi Jiangling Group New Energy Vehicle Co., Ltd. Mr. Qiu has held various positions including general manager and chairman of Nanchang Gear Co., Ltd., chairman of Jiangxi Jiangling Gear Co., Ltd., and vice president of Jiangling Holdings Co., Ltd. As of the date of this announcement, Mr. Qiu does not hold any shares in the Company and has no related party relationships with shareholders holding more than 5% of the Company’s shares, actual controllers, other directors, or senior management. He has not been penalized by the China Securities Regulatory Commission or other relevant departments, nor has he been investigated by judicial authorities for suspected crimes or violations. He meets the qualifications required by laws, administrative regulations, departmental rules, normative documents, the "Shenzhen Stock Exchange Listing Rules," and the Company's articles of association.