The Board Qingling Motors Co., Ltd. announced that Mr. Yoshifumi KOMURA resigned as an executive Director and Mr. Etsuo YAMAMOTO was elected as an executive Director, both with effect from 9 June 2017.

The Board also announced the proposal of the payment of final dividend of RMB 0.16 per Share in respect of the year ended 31 December 2016 to holders of H Shares and Domestic Shares as recommended by the Board was approved at the AGM. The final dividend will be paid to the Shareholders whose names appear on the register of Shareholders on 23 June 2017. The proposal of the payment of 2016 Final Dividend which shall be distributed to the holders of H Shares on or before 30 June 2017.