Jiangling Motors Corporation (000550) investor relations material

Executive summary

• Revenue for the first half of 2026 reached RMB 19.36 billion, up 7.02% year-over-year, with net profit attributable to shareholders at RMB 738.8 million, a 0.83% increase year-over-year.

• Net cash generated from operating activities was RMB 597.9 million, a significant turnaround from a negative RMB 64.5 million in the prior year period.

• The company maintained its leading market share in light buses, ranked second in pickups, and seventh in light trucks, with export volume up 44.8% year-over-year.

• No interim dividend was declared for the period.

Financial highlights

• Gross margin declined by 1.95 percentage points to 12.16% year-over-year.

• Basic and diluted EPS were both RMB 0.86, up from RMB 0.85 in the prior year.

• Shareholders’ equity increased 2.25% to RMB 11.96 billion as of June 30, 2026.

• Total assets decreased by 5.48% to RMB 31.88 billion compared to year-end 2025.

• Net profit after deducting non-recurring items was RMB 598.1 million, up 10.78% year-over-year.

Outlook and guidance

• The company will accelerate its global expansion, focus on new energy powertrains, intelligent connected vehicles, and next-generation platforms, and shift from scale expansion to lean value growth.

• Plans to strengthen cost competitiveness, marketing innovation, and overseas capability building to address market and industry challenges.