Share's code：

Share's code：

000550

Share's Name：

Jiangling Motors

No.：

2015-017

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 RMB 100 million appropriated by Nanchang City,which is to support JMC's development. The aforesaid government incentives will be recorded into the profits and losses in the first quarter of 2015.

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

Board of Directors

Jiangling Motors Corporation, Ltd.

March 31, 2015

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