江 铃Ｂ：2017年半年度报告（英文版）

2017 Half-year Report 2017-036 Chapter IImportant Notes, Contents and Abbreviations Important NoteThe Board of Directors and its members, the Supervisory Board and its members, and the senior executives are jointly and severally liable for thetruthfulness, accuracy and completeness of the information disclosed in thereport and confirm that the information disclosed herein does not contain falsestatements, misrepresentations or major omissions. All Directors were present at the Board meeting to review this Half-yearReport. Neither cash dividend nor stock dividend was distributed. The Board decidednot to convert capital reserve to share capital this time. ChairmanQiu Tiangao,CFO Gong Yuanyuan and Chief of FinanceDepartment, Wu Jiehong, confirm that the Financial Statements in this Half-year Report are truthful, accurate and complete. The prospective description regarding future business plan and developmentstrategy in this report does not constitute virtual commitment. The investorsshall pay attention to the risk. All financial data in this report are prepared under International FinancialReporting Standards (‘IFRS’) unless otherwise specified. TheHalf-year Report is prepared in Chinese and English.In case ofdiscrepancy, the Chinese version will prevail. Contents Chapter IImportant Notes, Contents and Abbreviations................................. 2Chapter IIBrief Introduction ............................................................................. 4Chapter IIIBusiness Profile............................................................................... 6Chapter IVBusiness Operation Discussion and Analysis ................................. 7Chapter VMajor Events ................................................................................. 11Chapter VIShare Capital Changes & Shareholders ........................................ 18Chapter VIIPreferred Shares .......................................................................... 21Chapter VIIIDirectors, Supervisors and Senior Management .......................... 22Chapter IXCompany Bond ............................................................................. 23Chapter XFinancial Statements ..................................................................... 24Chapter XICatalogue on Documents for Reference....................................... 82 Abbreviations:JMC, or the CompanyJMHFordJiangling-IsuzuCSRCJMCGJMCHEVPCFOVP Jiangling Motors Corporation, Ltd.Jiangling Motor Holding Co., Ltd.Ford Motor CompanyJiangling-Isuzu Motors Company, Ltd.China Securities Regulatory CommissionJiangling Motors Company (Group)JMC Heavy Duty Vehicle Co., Ltd.Executive Vice PresidentChief Financial OfficerVice President Chapter IIBrief Introduction 2. Contact person and method 3. OtherI. Contact methods Changes of registered address, headquarter address, postal code, website and e-mail □Applicable√Not ApplicableThere is no change of registered address, headquarter address, postal code, website and e-mail. Please refer to 2016 Annual Report for details. II. Newspapers for information disclosure, website for publication of JMC’shalf-year report and place for achieving half-year report□Applicable√Not Applicable Thereis no change of newspapers for information disclosure,website designated by CSRC for publication of JMC’s Half-year Report and place forachieving Half-year Report. Please refer to 2016 Annual Report for details. 4. Main accounting data and financial ratios 5. Accounting data difference between domestic and foreign accountingstandards I. Differences in net profit and net assets disclosed respectively per IFRS andPRC GAAP.□Applicable√Not Applicable There is no difference between IFRS and PRC GAAP in net profit and netassets. II. Differences in net profit and net assets disclosed respectively per GAAPand PRC GAAP.□Applicable√Not Applicable There is no difference between GAAP and PRC GAAP in net profit and net assets. Chapter IIIBusiness Profile 1. Company’s core business during the reporting periodJMC’s core business is production and sales of commercial vehicles, SUV and related components. JMC’s major products include JMC series light truck,heavy duty trucks, pickup, Yusheng SUV, Ford-brand SUV, Ford brand MPVTourneo,and Transit series commercial vehicles.The Company alsoproduces and sells engines, castings and other components for sales todomestic and overseas markets. 2. Major change of main assets I. Major change of main assetsThere’s no major change of main assets during the reporting period. II. Main overseas assets□Applicable√Not Applicable 3. Core competitiveness analysisJMC is a sino-foreign joint venture auto company with R&D, manufacturing and sales operations. As a mainstream of domestic light commercial vehicleindustry,JMC had been ranked among the top hundred Chinese listedcorporationswith comprehensive strength for consecutive years;andcertificated as a national enterprise technology c0enter, high-tec