Jiangling Motors announces share repurchase progress

Jiangling Motors Co., Ltd. (SZSE:000550) announced the progress of its share repurchase program today. As of May 31, 2025, the company had repurchased 4,513,700 shares through a dedicated securities account via centralized bidding. These shares account for 0.5229% of the company's total share capital. The highest transaction price was CNY20.00 per share, and the lowest was CNY18.86 per share, with a total transaction amount of CNY87,773,583 (excluding transaction costs). The repurchase activities are in compliance with relevant laws, regulations, and the company's established repurchase plan. The company intends to use the repurchased shares for employee stock ownership plans or equity incentives. The company will continue to implement the repurchase plan within the prescribed period, based on market conditions, and will fulfill its information disclosure obligations.