江铃Ｂ:江铃汽车股份有限公司2024年第一季度报告(英文版)

【摘要】Share’scode：000550Share’sName：JianglingMotorsNo.：2024-019200550JianglingBJianglingMotorsCorporation,Ltd.2024First...

      Share’s code： 000550      Share’s Name： Jiangling Motors  No.： 2024-019

                      200550                      Jiangling B

          Jiangling Motors Corporation, Ltd.

              2024 First Quarter Report

    Jiangling Motors Co., Ltd. and its Board members undertake that the

    information disclosed herein is truthful, accurate and complete and does

    not contain any false statement, misrepresentation or major omission.

    Important Note

    1. The Board of Directors and its members, the Supervisory Board and its

        members, and the senior executives are jointly and severally liable for the

        truthfulness, accuracy and completeness of the information disclosed in the

        Report, and confirm that the information disclosed herein does not contain

        any false statement, misrepresentation or major omission.

    2. Chairman Qiu Tiangao, CFO Joey Zhu and Chief of Finance Department,

        Hu Hanfeng, confirm that the financial statements in this Quarter Report are

        truthful, accurate and complete.

    3. Whether the 2024 first report is audited

        □Yes No

    §1 Brief Introduction

    1. Main accounting data and financial indicators

                                                                Unit: RMB

                              Reporting period      Same Period    YoY Change
                            (2024 First Quarter)      Last Year          (%)

Revenue                          7,974,792,045      7,525,930,457      5.96%

Net Profit Attributable to the            482,364,920      182,746,938    163.95%
Equity Holders of the Company
Net Profit Attributable to

Shareholders of Listed                420,804,103          9,499,494  4,329.75%
Company After Deducting
Non-Recurring Profit or Loss

Net Cash Generated From            -614,291,227      -721,527,544      14.86%
Operating Activities

Basic Earnings Per Share                    0.56              0.21    163.95%
(RMB)

Diluted Earnings Per Share                  0.56              0.21    163.95%
(RMB)

Weighted Average Return on                4.55%            1.96%      2.59%

Net Asset Ratio (%)

                              At the end of the    At the end of the  Change (%)
                              reporting period      previous year

Total Assets                      27,766,056,883    29,141,187,886      -4.72%

Shareholder’s equity

Attributable to the Equity            10,833,366,089    10,350,145,738      4.67%
Holders of the Company

    2. Non-recurring profit and loss items and amounts

    Applicable  □Not Applicable

                                                                Unit: RMB

                                                        Reporting period

                                                        (2024 First quarter)

    Profit and loss of non-current assets disposal (including            -494,104

    the charge-off part of the asset impairment provision)

    Government subsidies included in the current profit and          64,951,003

    loss

    In addition to the effective hedging business related to

    the normal operating business of the Company, holding

    the gains and losses of fair value changes arising from

    trading financial assets and trading financial liabilities,            7,481,684

    as well as the investment income obtained from the

    disposal of trading financial assets, trading financial

    liabilities and available for sale financial assets

    Capital occupation fee charged for non-financial                2,169,852

    enterprises included in the current profit and loss

    Other non-operating income and expenses except the            -389,057

    above

    Other profit and loss items that meet the definition of              -523,093

    non-recurring profit and loss

    Less: Income tax impact amount                              11,635,468

    Total                                                      61,560,817

    Details of other profit and loss items that meet the definition of non-recurring

    profit and loss

    □Applicable  Not Applicable

    There is no any other profit and loss items that meet the definition of

    non-recurring profit and loss in the Company.

    The description of that the non-recurring profit and loss items listed in

    Corporate Information Disclosure of Public Issuing Securities No.1 are defined

    as recurring profit and loss items

    □Applicable  Not Applicable


The Company does not have a situation in which the non-recurring profit and
loss items listed in No.1 of Corporate Information Disclosure Announcement
No.1 are defined as recurring profit and loss.

3. Causes and explanations on major changes of financial indicators of the
reporting period
Applicable  □Not Applicable

In t