Jiangling Motors receives CNY180m in government subsidies

Jiangling Motors announced today that it has received government subsidies totaling ¥180 million. The company clarified that the subsidies are related to its daily operations but are not sustainable in the long term. According to accounting standards, these subsidies are related to income and will be included in the company's profit and loss for the first quarter of 2025. The company has advised investors to be aware of investment risks.