Share's code：

Share's code：

000550

Share's Name：

Jiangling Motors

No.：

2015-061

200550

Jiangling B

Jiangling Motors Corporation, Ltd.

Public Announcement of the Board of Directors

Note: Jiangling Motors Corporation, Ltd. and its Board members undertake that the information disclosed herein is truthful, accurate and complete and contains no false statement, misrepresentation or major omission.

Recently, Jiangling Motors Corporation, Ltd. (hereinafter referred to as "JMC" or the "Company") received government incentives of approximate RMB 382 million appropriated by Nanchang City, Qingyunpu District of Nanchang City, Xiaolan Economy Development Zone of Nanchang County,Taiyuan Economic & Technological Development Zone,which are to support JMC's development. The aforesaid government incentives will be recognized as other incomes and recorded into the profits and losses of the Company in the fourth quarter of 2015, in accordance with the requirements of the Accounting Standards for Business Enterprises No.16-Government Incentives.

The announcement is hereby published, and investors should pay attention to risks.

Board of Directors

Jiangling Motors Corporation, Ltd.

December 29, 2015

JMC - Jiangling Motors Corporation Ltd. issued this content on 2015-12-18 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-08 02:53:05 UTC

Original Document: http://www.jmc.com.cn/JMCSystem/system/news/upload/20151218en.doc