[年报]江 铃B(200550):2023年年度报告摘要(英文版)

时间:2024年03月30日 05:23:48 中财网
原标题:江 铃B:2023年年度报告摘要(英文版)

Share’s 000550 Share’s Jiangling Motors No.: 2024-015
code: 200550 Name: Jiangling B


Jiangling Motors Corporation, Ltd.
Extracts from 2023 Annual Report

§1 Important Note

These extracts are extracted from the original of annual report. Investors should carefully read the original in the website designated by CSRC for details of the Company’s operating results, financial status and future development plans.

All Directors were present at the Board meeting to review this Annual Report.
Note on abnormal opinions of the Auditor
□Applicable ?Not Applicable

Proposal on profit distribution or converting capital reserve to share capital reviewed by the Board of Directors, regarding common stock during the reporting period
?Applicable □Not Applicable

Proposal on converting capital reserve to share capital
□Applicable ?Not Applicable

The year 2023 profit distribution proposal approved by the Board of Directors is as follows:

A cash dividend of RMB 6.84 (including tax) will be distributed for every 10 shares held based on the total shares capital of 863,214,000 shares, and there is no stock dividend. The Board decided not to convert capital reserve to share capital this time.

Proposal on profit distribution reviewed by the Board of Directors, regarding preferred stock during the reporting period
□Applicable ?Not Applicable

§2 Summary

1. Brief introduction

Share’s nameJiangling Motor, Jiangling BShare’s code000550, 200550
Place of listingShenzhen Stock Exchange  
Contact persons and contact detailsBoard SecretarySecurities Affair Representative 
NameXu LanfengQuan Shi 

Contact addressNo. 2111, Yingbin Middle Avenue, Nanchang County, Nanchang City, Jiangxi Province, P.R.C
Telephone86-791-85266178
Fax86-791-85232839
E-mail[email protected]

2. Core business or products in the reporting period

During the reporting period, the Company's main business is the production and sale of commercial vehicles, SUVs and related components. The main products include JMC light truck, Pickup, light bus, Ford-branded light bus, MPV, Pickup and other commercial vehicles and SUV products. JMC also produces engines, frame, axle, and components. The Company takes high quality development as the main line, focuses on value, lean operation, and transforms from scale expansion development to lean value growth.
For 2023, JMC continued to increase its technological reserves and investment in new products, intelligent connection network, new energy and lightweighting, and strengthened its digital operation capability to realize the transformation of “four online”, including “products online” “customers online” “processes online” and “employees online”. Through digital technology, the Company improved operational efficiency, optimize business processes and innovative business models, and focused on customer-centered integration of the whole value chain. Meanwhile, JMC actively expanded its capacity operation and used car business, integrated intelligent technology into its service system, and gradually formed a customer-centered commercial vehicle ecosystem to focus the entire life cycle of automobiles and provided customers with all-around solutions. JMC actively laid out the RV business and off-road pickup and modified car market to create unique products and lead the market trend; at the same time, the Company accelerated the demonstration operation of mass production of intelligent driving and created industry-leading automatic driving solutions through close cooperation with its partners.
In 2023, JMC planned the productivity of 330 thousand units and the utilization rate was 93%.

3. Main accounting data and financial ratios
3.1 Main accounting data and financial ratios in the past three years Unit: RMB

 End of Year 2023End of Year2022Change (%)End of Year 2021
Total Assets29,141,187,88627,468,321,8356.09%26,359,084,120
Shareholders’ Equity Attributable to the Equity Holders of the Company10,350,145,7389,243,817,33311.97%8,555,444,589
 20232022Change (%)2021
Revenue33,167,325,08130,100,283,84210.19%35,221,306,472
Profit Attributable to the Equity Holders of the Company1,475,597,266915,049,16861.26%574,165,944
Net Profit Attributable to Shareholders of Listed Company After Deducting Non-Recurring Profit or Loss995,236,837-229,667,660533.34%29,628,811
Net Cash Generated From Operating Activities4,567,539,866-1,518,573,952400.78%1,760,193,010
Basic Earnings Per Share (RMB)1.711.0661.26%0.67
Diluted Earnings Per Share (RMB)1.711.0661.26%0.67
Weighted Average Return on Equity Ratio15.06%10.28%4.78%5.87%

3.2 Main accounting data quarterly
Unit: RMB

 Q1Q2Q3Q4
Revenue7,525,930,4577,903,441,8528,078,772,8619,659,179,911
Profit Attributable to the Equity Holders of the Company182,746,938546,640,619280,065,212466,144,497
Net Profit Attributable to Shareholders of Listed Company After Deducting Non-Recurring Profit or Loss9,499,494408,229,717239,772,243337,735,383
Net Cash Generated From Operating Activities-721,527,5442,378,675,881758,439,6472,151,951,882
Whether the above financial indicators or their totals are materially different from those disclosed in the quarterly reports and half-year report of the Company
□Yes ?No

4. Share Capital and Shareholders
4.1 Top ten shareholders


Total shareholders as of the end of the reporting periodJMC had 34,453 shareholders, including 28,740 A-share holders, and 5,713 B-share holders, as of December 31, 2023    
Total shareholders as of the last month-end prior to the disclosure date of the ReportJMC had 28,302 shareholders, including 22,755 A-share holders, and 5,547 B-share holders, as of February 29, 2024.    
Top ten shareholders     
Shareholder NameShareholder TypeShareholding Percentage (%)Shares at the End of YearShares with Trading RestrictionShares due to mortgage or mark or frozen
Nanchang Jiangling Investment Co., Ltd.State-owned legal person41.03%354,176,00000
Ford Motor CompanyForeign legal person32.00%276,228,39400
Hong Kong Securities Clearing Company Ltd. (HKSCC)Foreign legal person3.96%34,213,82800
Shanghai Automotive Co., Ltd.State-owned legal person1.51%13,019,61000
Jin XingDomestic Natural Person0.87%7,546,10000
Invesco Great Wall New energy industry equity securities investment fundDomestic non-State-owned legal persons0.46%3,984,40000
Li YifengDomestic Natural Person0.34%2,930,90000
Jin ShiyaDomestic Natural Person0.27%2,343,51200
Taikang Life Insurance Co., Ltd.- investment linked insurance -Industry ConfigurationDomestic non-State-owned legal persons0.27%2,302,60000
GAOLING FUND, L.P.Foreign legal person0.21%1,793,69300
Notes on association among above-mentioned shareholdersShareholders holding more than 5% are not related.    

Description of Shareholders Participating in Financing and Securities Financing BusinessNone.

Participation of top ten shareholders in the lending of shares in the refinancing business
□Applicable ?Not Applicable

Change in the top ten shareholders from the previous period due to the refinancing business
□Applicable ?Not Applicable

4.2 Total shareholders and top ten shareholders holding preferred shares □Applicable ?Not Applicable
There was no shareholder holding preferred shares in the reporting period.
4.3 Ownership and control relations between the Company and the actual controlling parties

SASAC  
  Nanchang State-owned Assets Supervision and Administration Committee
   
   

  JMCG

Nanchang Jiangling Investment Co., Ltd.
 
Jiangling Motors Co., Ltd.
 

5. Company Bond
□Applicable ?Not Applicable

§3 Major events

During the reporting period, there was no significant change in JMC's business situation.

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