Jiangling motors progresses with share repurchase program

Jiangling Motors Co., Ltd. announced progress on its share repurchase plan, approved by the board between April 10-11, 2025. As of August 31, 2025, the company had repurchased 8,570,478 shares, representing 0.9929% of its total share capital. The buyback was executed through a dedicated securities account via centralized bidding.

The repurchased shares were acquired at prices ranging from RMB 18.86 per share to RMB 20.00 per share. The total transaction amount, excluding trading fees, reached RMB 168,889,440. This repurchased stock is intended for an employee stock ownership plan or equity incentives, aligning with the board's earlier resolution to use company-owned funds for the repurchase.

The company affirmed that the repurchase adheres to relevant laws and regulations and the established buyback plan. JMC will continue to monitor market conditions and fulfill its information disclosure obligations, advising investors to consider potential risks.