Jiangling Motors actively repurchases shares, reports production increase

Jiangling Motors (SZSE: 000550) announced progress on its share repurchase program, initiated with board approval between April 10-11, 2025, and also reported its production and sales data for April 2025. As of April 30, 2025, the company had repurchased 3,469,800 A-shares, representing 0.40% of its total share capital, through a dedicated securities account, at an average price between CNY 18.86 and CNY 19.66 per share, with a total expenditure of CNY 67,126,117 (excluding transaction costs). The repurchase will fund an employee stock ownership or equity incentive plan.