Share's code：

Share's code：

000550

Share's Name：

Jiangling Motors

No.：

2015-022

200550

Jiangling B

Jiangling Motors Corporation, Ltd.

Public Announcement on Resolution 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.

I. Informing of the Meeting

The Board of Directors of Jiangling Motors Corporation, Ltd. (hereinafter referred to as 'JMC') sent out relevant proposals of the Board meeting to all the directors on May 14, 2015.

II. Time, Place & Form of Holding the Meeting

The Board meeting was held in form of paper meeting from May 14, 2015 to May 22, 2015. The procedure of convening and holding the meeting complied with the stipulation of the relevant laws, regulations and the Articles of Association of JMC.

III. Status of the Directors Attending the Meeting

Nine Directors shall attend this Board meeting and nine directors were present.

IV. Resolutions

The directors present at the meeting approved the following resolution based on their discussion:

The Board of Directors approved the Notice on Holding 2014 Annual Shareholders' Meeting of JMC.

There were 9 votes in favor of this proposal, 0 vote against, and 0 abstention.

The announcement hereby is published.

Board of Directors

Jiangling Motors Corporation, Ltd.

May 26, 2015

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