New Governance, New Space | Cimc Vehicles Unlocks the "Space Code" of Excellence in Governance to Empower Best Board Practices

Recently, the China Association of Public Companies announced the results of the "2025 Best Practices of Listed Company Boards Case Collection Campaign." Cimc Vehicles (Group) Co., Ltd. (Stock Code: 301039.SZ) was recognized as a "2025 Best Practices of Listed Company Boards Case" winner, thanks to its scientific governance mechanisms, standardized and efficient board operations, and innovative practices.

The "2025 Best Practices of Listed Company Boards Case Collection Campaign," organized by the China Association of Public Companies, aims to promote compliant and effective board operations, enhance corporate governance, and highlight exemplary companies. After preliminary reviews, expert committee evaluations, and integrity checks, only 240 companies—less than 5% of applicants—were selected for this prestigious honor.

As one of the ten ChiNext-listed companies awarded, Cimc Vehicles has deeply integrated its third entrepreneurial spirit into its governance system. The company has consistently pursued innovation, established a scientific and efficient decision-making mechanism, and continuously improved its governance framework, providing solid support for strategic advancement and global operations. This recognition not only reflects the capital market's high regard for Cimc Vehicles' board operations but also serves as authoritative validation of its industry-leading governance capabilities.

The Cimc Vehicles Board Space officially launched in October 2025. As a newly established strategic hub, it embodies the company's commitment to optimizing governance and empowering best practices under the guidance of the "15th Five-Year Plan," which emphasizes "intelligence, sustainability, and integration."

Looking ahead, Cimc Vehicles will continue leveraging the Board Space as a platform for value co-creation. The company will advance governance modernization, ensure strategic execution through standardized governance, unlock corporate value through innovative mechanisms, deepen market capitalization management, prioritize shareholder returns, and strengthen risk and internal control management. By building a sustainable governance model, Cimc Vehicles aims to inject new momentum into the standardized and healthy development of the commercial vehicle industry.