江铃Ｂ:江铃汽车关联交易公告(英文版)

Share’s code： 000550 Share’s Name： Jiangling Motors No.： 2025-025
200550 Jiangling B
Jiangling Motors Corporation, Ltd.
PublicAnnouncement on Related Party Transactions
Jiangling Motors Corporation, 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.
1. Brief Introduction
The Board of Directors of Jiangling Motors Corporation, Ltd. (hereinafter referred to
as "JMC" or the "Company") approved the related party transaction between Bosch
Electric Drive System (Nanchang) Co., Ltd. and the Companyin form of paper meeting
during the period from May 21, 2025 to May 28, 2025.
Nine Directors shall attend this Board meeting and nine Directors were present.
Bosch Electric Drive System (Nanchang) Co., Ltd. will supply controllers and electric
drive axle products to JMC, and the annual amount of the transaction expected to be
RMB 180 million. As Jiangling Motors Group Co., Ltd. (hereinafter referred to as the
“JMCG”) holds a 40% equity interest in Bosch Electric Drive System (Nanchang) Co.,
Ltd., and JMCG holds 50% equityinterest in Nanchang Jiangling Investment Co., Ltd.,
a controlling shareholder of the Company, the transaction constitutes a related party
transaction.
When voting on the proposal, Director Qiu Tiangao and Director Zhong Junhua
withdrew from the voting, and all the other Directors agreed with this proposal.
This related party transaction does not constitute a material asset reorganization
stipulated in Measures for the Administration of Material Asset Reorganization of
Listed Companies promulgated by CSRC.
2. Brief Summary of the Related Party
Company Name: Bosch Electric Drive System (Nanchang) Co., Ltd.
Registered Address: No. 256, Fushan Road, Xiaolan Economic and Technological
Development Zone, Nanchang County, Nanchang City, Jiangxi
Province, P.R.C.
Enterprise Type: Limited liability company (foreign-invested, non-wholly owned)
Registered capital: RMB 500 million
Registered Date: January 19, 2025
Legal representative: ZEHE Marco
Business Scope: Auto parts and accessories manufacturing, motor manufacturing,
motor and its control system research and development,
electromechanical coupling system research and development,
technical services, technology development, technical consultation,
technical exchange, technology transfer, technology promotion, auto
parts wholesale, auto parts retail, machineryparts, parts sales, import
and export of technology, import and export of goods.
Ownership structure:
ROBERT BOSCH INTERNATIONALE BETEILIGUNGEN AG holds 50% equity,
JMCG holds 40% equity, and Bosch (China) Investment Ltd. holds 10% equity.
Relationship Description:
As JMCG holds a 40% equityinterest in Bosch Electric Drive System (Nanchang) Co.,
Ltd., and JMCG holds 50% equityinterest in Nanchang Jiangling Investment Co., Ltd.,
acontrollingshareholder oftheCompany, accordingto the RulesGoverningthe Listing
of Stocks on Shenzhen Stock Exchange and other relevant regulations, Bosch Electric
Drive System (Nanchang) Co., Ltd. is a related legal person of the Company.
After inquiry, Bosch Electric Drive System (Nanchang) Co., Ltd. is not person subject
to enforcement for dishonesty.
3. Main Contents of Related Party TransactionAgreement
i. During the term hereof, Bosch Electric Drive System (Nanchang) Co., Ltd. will
supply auto parts or materials required for production in accordance with provisions
hereof and requirements of JMC.
ii. During the term of this agreement, Bosch Electric Drive System (Nanchang) Co.,
Ltd. shall supply the products to JMC in accordance with this agreement, the price
agreement signed by both parties and other conditions. Bosch Electric Drive System
(Nanchang) Co., Ltd. shall actively cooperate with JMC to optimize the material cost
reduction.
iii. The parties may choose to pay in any of the following ways:
a. JMC will pay thirty days after the invoice is issued by Bosch Electric Drive System
(Nanchang) Co., Ltd. If such payment method is chosen, Bosch Electric Drive System
(Nanchang) Co., Ltd. will give JMC a discount.
b. JMC will pay sixty days after the invoice is issued by Bosch Electric Drive System
(Nanchang) Co., Ltd.
4. Pricing Policy of the Related Party Transaction
If the Company purchases products from related parties and the market price of the
same products is available, the market price shall be implemented; If the corresponding
market data of special parts and services cannot or is difficult to obtain, the price shall
be determined through the process of supplier quotes, costing assessment and
negotiation between both parties.
5. Purpose and Impact of the Related Party Transaction on JMC
The above-mentioned related party transact