Jiangling Motors completes share repurchase, sees production and sales growth

Jiangling Motors Corporation has completed its share repurchase program, acquiring 8,632,078 shares by September 30, 2025. This represents 1% of the company's total share capital, with a total expenditure of CNY 170,194,238. The shares, repurchased at prices ranging from CNY 18.86 to CNY 21.22 per share, are intended for employee stock ownership plans or equity incentives, in line with the board-approved plan.

The company's report for September 2025 indicates robust performance. Total production reached 35,557 units, a 19.79% increase year-on-year, bringing the year-to-date total to 263,145 units, up 7.88%. Sales figures mirrored this trend, with 34,428 units sold in September, a 23.62% increase, and a year-to-date total of 260,957 units, up 7.73%.

Segment-wise, light passenger vehicles and trucks showed significant year-on-year growth in both production and sales for September, while pickup and SUV categories also contributed positively, with overall increases in year-to-date performance. The repurchased shares are currently held in a dedicated account and will not affect the company’s total share capital if used as planned.