江铃B：2024年第一次临时股东大会决议公告(英文版)
| Share’s name: | Jiangling Motors | Share’s code: | 000550 | No.: | 2024-008 |
| Jiangling B | 200550 |
Jiangling Motors Corporation, Ltd.Public Announcement on the Resolutions of2024 First Special Shareholders’ Meeting
The Company, the Board of Directors and its members undertake that theinformation disclosed herein is truthful, accurate and complete and does notcontain any false statement, misrepresentation or major omission.
I. Important NoteNone of proposals was added, rejected and changed during the shareholders’ meeting.
II. Convening Status of the Meeting
1. Time: 2:30 p.m., February 6, 2024
2. Place: Conference Room No 1, 20th floor, JMC Building, No. 2111 Middle Yingbin
Avenue, Nangchang City, Jiangxi Province, P.R.C.
3. Convening method: vote on the spot as well as online voting.
4. Convener: Board of Directors of JMC
5. Meeting Chairman: Mr. Qiu Tiangao
6. The convening of the meeting complied with the stipulations of the Company Law,
the Securities Law, the Rules of Shareholders’ Meeting and the Articles ofAssociation of JMC.
III. Attending Status of the Meeting
1. Attending Status of Shareholders
| Type | Presence in Person | Online voting | Total | ||||||
| Persons | Representing shares | Representing shares as % of the total share capital | Persons | Representing shares | Representing shares as % of the total share capital | Persons | Representing shares | Representing shares as % of the total share capital | |
| A share | 2 | 354,694,500 | 41.0900% | 105 | 39,277,448 | 4.5501% | 107 | 393,971,948 | 45.6401% |
| B share | 2 | 279,472,653 | 32.3758% | 1 | 17,200 | 0.0020% | 3 | 279,489,853 | 32.3778% |
| Total | 3 | 634,167,153 | 73.4658% | 106 | 39,294,648 | 4.5521% | 109 | 673,461,801 | 78.0179% |
| Including： minority shareholders | 1 | 3,762,759 | 0.4359% | 106 | 39,294,648 | 4.5521% | 107 | 43,057,407 | 4.9880% |
2. Attending Status of Other Persons
i. Some Directors, Supervisors and Senior Executives of the Company;ii. The witness lawyers engaged by the Company.
IV. Proposal Review and Voting
1. Proposal on Providing Financial Assistance to a Holding SubsidiaryRelationship: a joint venture of the Company and Ford Motor CompanyRelated shareholder: Ford Motor CompanyShareholding of the related shareholder: 276,228,394 sharesWhether withdraw from the voting: yes
| Type | Favor | Against | Abstention | |||
| Shares | Percentage（%） | Shares | Percentage（%） | Shares | Percentage（%） | |
| A share | 393,971,948 | 100.0000% | 0 | 0.0000% | 0 | 0.0000% |
| B share | 3,261,459 | 100.0000% | 0 | 0.0000% | 0 | 0.0000% |
| Total | 397,233,407 | 100.0000% | 0 | 0.0000% | 0 | 0.0000% |
| Including： minority shareholders | 43,057,407 | 100.0000% | 0 | 0.0000% | 0 | 0.0000% |
Voting result: the proposal was approved.
2. Proposal on the Y2024 Routine Related Party Transaction Framework with JMCGFinance CompanyRelationship: a subsidiary of Jiangling Motors Group Co., Ltd. (hereinafter referred to
as “JMCG”)Related shareholder: Nanchang Jiangling Investment Co., Ltd.Shareholding of the related shareholder: 354,176,000 sharesWhether withdraw from the voting: yes
| Type | Favor | Against | Abstention | |||
| Shares | Percentage（%） | Shares | Percentage（%） | Shares | Percentage（%） | |
| A share | 19,384,383 | 48.7094% | 20,411,565 | 51.2906% | 0 | 0.0000% |
| B share | 277,245,594 | 99.1970% | 2,244,259 | 0.8030% | 0 | 0.0000% |
| Total | 296,629,977 | 92.9042% | 22,655,824 | 7.0958% | 0 | 0.0000% |
| Including： minority shareholders | 20,401,583 | 47.3823% | 22,655,824 | 52.6177% | 0 | 0.0000% |
Voting result: the proposal was approved.
3. Proposal on the Y2024 Routine Related Party Transaction Framework with JiangxiJiangling Motors Imp. & Exp. Co., Ltd. and its subsidiariesRelationship: a subsidiary of JMCGRelated shareholder: Nanchang Jiangling Investment Co., Ltd.Shareholding of the related shareholder: 354,176,000 sharesWhether withdraw from the voting: yes
| Type | Favor | Against | Abstention | |||
| Shares | Percentage（%） | Shares | Percentage（%） | Shares | Percentage（%） | |
| A share | 39,795,948 | 100.0000% | 0 | 0.0000% | 0 | 0.0000% |
| B share | 279,489,853 | 100.0000% | 0 | 0.0000% | 0 | 0.0000% |
| Total | 319,285,801 | 100.0000% | 0 | 0.0000% | 0 | 0.0000% |
| Including： minority shareholders | 43,057,407 | 100.0000% | 0 | 0.0000% | 0 | 0.0000% |
Voting result: the proposal was approved.
4. Proposal on the Y2024 Routine Related Party Transaction Framework with JianglingMotor Group Co., Ltd. and its subsidiariesRelationship: an actual controller of Nanchang Jiangling Investment Co., Ltd.Related shareholder: Nanchang Jiangling Investment Co., Ltd.Shareholding of the related shareholder: 354,176,000 sharesWhether withdraw from the voting: yes
| Type | Favor | Against | Abstention | |||
| Shares | Percentage（%） | Shares | Percentage（%） | Shares | Percentage（%） | |
| A share | 39,795,948 | 100.0000% | 0 | 0.0000% | 0 | 0.0000% |
| B share | 279,489,853 | 100.0000% | 0 | 0.0000% | 0 | 0.0000% |
| Total | 319,285,801 | 100.0000% | 0 | 0.0000% | 0 | 0.0000% |
| Including： minority shareholders | 43,057,407 | 100.0000% | 0 | 0.0000% | 0 | 0.0000% |
Voting result: the proposal was approved.
5. Proposal on the Y2024 Routine Related Party Transaction Framework with Ford andits subsidiariesRelationship: a shareholder of the CompanyRelated shareholder: Ford Motor CompanyShareholding of the related shareholder: 276,228,394 sharesWhether withdraw from the voting: yes
| Type | Favor | Against | Abstention | |||
| Shares | Percentage（%） | Shares | Percentage（%） | Shares | Percentage（%） | |
| A share | 393,971,948 | 100.0000% | 0 | 0.0000% | 0 | 0.0000% |
| B share | 3,261,459 | 100.0000% | 0 | 0.0000% | 0 | 0.0000% |
| Total | 397,233,407 | 100.0000% | 0 | 0.0000% | 0 | 0.0000% |
| including： minority shareholders | 43,057,407 | 100.0000% | 0 | 0.0000% | 0 | 0.0000% |
Voting result: the proposal was approved.
6. Proposal on the Y2024 Routine Related Party Transaction Framework with MagnaPT Powertrain (Jiangxi) Co., Ltd.Relationship: an associate of JMCGRelated shareholder: Nanchang Jiangling Investment Co., Ltd.Shareholding of the related shareholder: 354,176,000 sharesWhether withdraw from the voting: yes
| Type | Favor | Against | Abstention | |||
| Shares | Percentage（%） | Shares | Percentage（%） | Shares | Percentage（%） | |
| A share | 39,795,948 | 100.0000% | 0 | 0.0000% | 0 | 0.0000% |
| B share | 279,489,853 | 100.0000% | 0 | 0.0000% | 0 | 0.0000% |
| Total | 319,285,801 | 100.0000% | 0 | 0.0000% | 0 | 0.0000% |
| Including： minority shareholders | 43,057,407 | 100.0000% | 0 | 0.0000% | 0 | 0.0000% |
Voting result: the proposal was approved.
7. Proposal on the Y2024 Routine Related Party Transaction Framework withNanchang Jiangling Huaxiang Auto Components Co., Ltd.Relationship: a subsidiary of JMCGRelated shareholder: Nanchang Jiangling Investment Co., Ltd.Shareholding of the related shareholder: 354,176,000 sharesWhether withdraw from the voting: yes
| Type | Favor | Against | Abstention | |||
| Shares | Percentage（%） | Shares | Percentage（%） | Shares | Percentage（%） | |
| A share | 39,795,948 | 100.0000% | 0 | 0.0000% | 0 | 0.0000% |
| B share | 279,489,853 | 100.0000% | 0 | 0.0000% | 0 | 0.0000% |
| Total | 319,285,801 | 100.0000% | 0 | 0.0000% | 0 | 0.0000% |
| Including： minority shareholders | 43,057,407 | 100.0000% | 0 | 0.0000% | 0 | 0.0000% |
Voting result: the proposal was approved.
8. Proposal on the Y2024 Routine Related Party Transaction Framework withNanchang Baojiang Steel Processing Distribution Co., Ltd.Relationship: an associate of JMCGRelated shareholder: Nanchang Jiangling Investment Co., Ltd.Shareholding of the related shareholder: 354,176,000 sharesWhether withdraw from the voting: yes
| Type | Favor | Against | Abstention | |||
| Shares | Percentage（%） | Shares | Percentage（%） | Shares | Percentage（%） | |
| A share | 39,795,948 | 100.0000% | 0 | 0.0000% | 0 | 0.0000% |
| B share | 279,489,853 | 100.0000% | 0 | 0.0000% | 0 | 0.0000% |
| Total | 319,285,801 | 100.0000% | 0 | 0.0000% | 0 | 0.0000% |
| Including： minority shareholders | 43,057,407 | 100.0000% | 0 | 0.0000% | 0 | 0.0000% |
Voting result: the proposal was approved.
9. Proposal on the Y2024 Routine Related Party Transaction Framework with ChinaSouth Industries Group Co., Ltd. and its subsidiariesRelationship: an actual controller of Nanchang Jiangling Investment Co., Ltd.Related shareholder: Nanchang Jiangling Investment Co., Ltd.Shareholding of the related shareholder: 354,176,000 sharesWhether withdraw from the voting: yes
| Type | Favor | Against | Abstention | |||
| Shares | Percentage（%） | Shares | Percentage（%） | Shares | Percentage（%） | |
| A share | 39,795,948 | 100.0000% | 0 | 0.0000% | 0 | 0.0000% |
| B share | 279,489,853 | 100.0000% | 0 | 0.0000% | 0 | 0.0000% |
| Total | 319,285,801 | 100.0000% | 0 | 0.0000% | 0 | 0.0000% |
| Including： minority shareholders | 43,057,407 | 100.0000% | 0 | 0.0000% | 0 | 0.0000% |
Voting result: the proposal was approved.
10. Proposal on the Y2024 Routine Related Party Transaction Framework with JiangxiJiangling Lear Interior System Co., Ltd.Relationship: a subsidiary of JMCGRelated shareholder: Nanchang Jiangling Investment Co., Ltd.Shareholding of the related shareholder: 354,176,000 sharesWhether withdraw from the voting: yes
| Type | Favor | Against | Abstention | |||
| Shares | Percentage（%） | Shares | Percentage（%） | Shares | Percentage（%） | |
| A share | 39,795,948 | 100.0000% | 0 | 0.0000% | 0 | 0.0000% |
| B share | 279,489,853 | 100.0000% | 0 | 0.0000% | 0 | 0.0000% |
| Total | 319,285,801 | 100.0000% | 0 | 0.0000% | 0 | 0.0000% |
| Including： minority shareholders | 43,057,407 | 100.0000% | 0 | 0.0000% | 0 | 0.0000% |
Voting result: the proposal was approved.
11. Proposal on the Y2024 Routine Related Party Transaction Framework with FaureciaEmissions Control Technologies (Nanchang) Co., Ltd.Relationship: an associate of JMCGRelated shareholder: Nanchang Jiangling Investment Co., Ltd.Shareholding of the related shareholder: 354,176,000 sharesWhether withdraw from the voting: yes
| Type | Favor | Against | Abstention | |||
| Shares | Percentage（%） | Shares | Percentage（%） | Shares | Percentage（%） | |
| A share | 39,795,948 | 100.0000% | 0 | 0.0000% | 0 | 0.0000% |
| B share | 279,489,853 | 100.0000% | 0 | 0.0000% | 0 | 0.0000% |
| Total | 319,285,801 | 100.0000% | 0 | 0.0000% | 0 | 0.0000% |
| Including： minority shareholders | 43,057,407 | 100.0000% | 0 | 0.0000% | 0 | 0.0000% |
Voting result: the proposal was approved.
V. Legal Opinion Issued by the Lawyers
1. Name of Law Firm: Jiangxi Hua Bang Law Firm
2. Name of the lawyers: Deng Ying; Liu Yangjiao
3. Legal opinion: convening procedure of the shareholders' meeting complies with the
stipulations of the Laws, Regulations, and Normative Documents, such as theCompany Law, the Rules of Shareholders’ Meeting, the Rules for Implementationof Online Voting, and the Articles of Association of the Company; the qualificationsof the persons attending the shareholders’ meeting, convener qualification, and thevoting procedure of the shareholders’ meeting are in accordance with the Laws,Regulations, Normative Documents and the Articles of Association of the Company,and the voting results are legitimate and valid.
VI. Documents for Reference
1. The Resolutions of the 2024 First Special Shareholders’ Meeting of Jiangling MotorsCo., Ltd.;
2. Legal Opinion issued by Jiangxi Hua Bang Law Firm on the 2024 First Special
Shareholders’ Meeting of Jiangling Motors Co., Ltd.
Board of DirectorsJiangling Motors Corporation, Ltd.February 7, 2024