Group 1: Nissan's New Ventures - Nissan has established a joint venture import and export company in China, marking the first foreign automotive company to do so in the country. Nissan China holds a 60% stake, while Dongfeng Motor Group holds 40%. This venture signifies a new phase for Nissan in China, focusing on local development for global markets [2] - The first products to be exported from this new venture will be the Dongfeng Nissan N7 and the Frontier Pro PHEV, showcasing Nissan's commitment to leveraging local resources for international markets [2] Group 2: Automotive Import Trends - In September 2025, China's automotive imports totaled 41,000 units, reflecting a year-on-year decline of 25.6% and a month-on-month decrease of 8.7%. The import value was $2.04 billion, down 36.4% year-on-year [2] - For the first nine months of 2025, total automotive imports reached 360,000 units, a decrease of 32.4% compared to the same period last year, with an import value of $18.25 billion, down 40.1% year-on-year [2] Group 3: Autonomous Driving IPO - Pony.ai, a leading player in the autonomous driving sector, has officially listed on the Hong Kong Stock Exchange, marking the largest IPO in the global autonomous driving industry for 2025. The company issued approximately 48.25 million shares, with a potential fundraising amount of up to HKD 7.7 billion [2] - This listing follows Pony.ai's previous listing on NASDAQ, establishing a dual primary listing structure in both the US and Hong Kong [2] Group 4: New Vehicle Launches - Dongfeng Nissan has unveiled more official images of its first plug-in hybrid model, the N6, which is set to begin pre-sales soon. The N6 shares technology with the N7 and features a streamlined design with a drag coefficient of Cd 0.248 [2] - The vehicle has undergone extensive wind tunnel testing and offers multiple color options, emphasizing its design and performance capabilities [2] Group 5: Global Automotive Recalls - Stellantis has announced a global recall of 375,000 vehicles due to battery faults that have led to 19 reported fires. The recall affects certain models of the Jeep Wrangler and Grand Cherokee produced between 2020 and 2026 [2] - Owners are advised to park their vehicles outdoors until repairs are completed, highlighting the safety concerns associated with the affected models [2]

Core Viewpoint - Dongfeng Group reported a decline in total vehicle sales for the first ten months of 2025, while showing significant growth in the sales of new energy vehicles [1] Group 1: Overall Sales Performance - The total vehicle sales for Dongfeng Group from January to October 2025 reached 1.501 million units, representing a year-on-year decrease of approximately 1.6% [1] - The parent company, Dongfeng Motor Group Co., Ltd., recorded total vehicle sales of 1.9449 million units during the same period, reflecting a year-on-year decline of about 3.1% [1] Group 2: New Energy Vehicle Sales - New energy vehicle sales for Dongfeng Group amounted to 421,400 units, which is a year-on-year increase of approximately 37.1% [1] Group 3: Subsidiary Performance - Dongfeng Motor Co., Ltd. (A-share stock code 600006.SH) reported total vehicle sales of 99,500 units from January to October 2025, marking a year-on-year decrease of about 21.4% [1]

- 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因公告全部或任 何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 DONGFENG MOTOR GROUP COMPANY LIMITED* 東風汽車集團股份有限公司 （於 中華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司） （股份代號：489） 自願公告 2025 年 10 月產銷快報 此乃東風汽車集團股份有限公司（以下稱「本公司」）作出的自願公告。 本公司 2025 年 1-10 月累計汽車銷量為 1,501,025 輛，同比下降約 1.6%。其中，新能源汽車銷量為 421,355 輛，同比增长約 37.1%。本 公司之母公司東風汽車集團有限公司 1-10 月累計汽車銷量為 1,944,917 輛，同比下降約 3.1%。本公司之附屬公司東風汽車股份有限公 司（A 股證券代碼 600006，以下稱「股份公司」）1-10 月累計汽車銷量為 99,482 輛，同比下降約 21.4%。 本公司產銷快報详细數據如下（單位：輛）: | | | | 生產量 ...

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年10月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 東風汽車集團股份有限公司 呈交日期: 2025年11月6日 FF301 第 2 頁 共 11 頁 v 1.1.1 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00489 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 2,828,982,000 | RMB | | | 1 RMB | | 2,828,982,000 | | 增加 / 減少 (-) | | | | | | | RMB | | | | 本月底結存 | | | 2,828,982,000 | RMB | | | 1 ...

Core Insights - Dongfeng Motor Group Co., Ltd. has applied for a patent titled "Intelligent Ventilation Method, Device, Equipment, and Computer-Readable Storage Medium" with publication number CN120886620A, filed on August 2025 [1] - The patent describes a method that detects air pollution inside the vehicle based on vehicle status information and adjusts the target windows for ventilation according to passenger distribution, improving air quality and passenger comfort [1] Company Overview - Dongfeng Motor Group Co., Ltd. was established in 2001 and is located in Wuhan, primarily engaged in the automotive manufacturing industry [1] - The company has a registered capital of 858,937 million RMB and has made investments in 45 enterprises, participated in 5,000 bidding projects, and holds 5,000 patent records [1] - Additionally, the company possesses 156 administrative licenses [1]

Core Viewpoint - The article highlights the successful IPO of the Chinese electric vehicle company "Seres" on the Hong Kong Stock Exchange, marking it as the first A+H listed new energy vehicle company of the year, with a market capitalization reaching 220 billion HKD at launch [2][10]. Company Development Journey - Seres originated from a small spring factory founded by Zhang Xinghai and his brothers in 1986 with an initial capital of 8,000 CNY, evolving into a significant player in the automotive industry [4]. - The company transitioned from parts manufacturing to complete vehicle production in 1996, forming a joint venture with Dongfeng Motor, which provided essential production qualifications [5][11]. - After rebranding to Seres, the company focused on the new energy vehicle market, establishing a research center in Silicon Valley and investing heavily in smart manufacturing [6]. Financial Performance - Following a partnership with Huawei in 2021, Seres experienced a dramatic increase in stock price, reaching a peak market capitalization of over 850 billion CNY by mid-2021 [7]. - The company's revenue surged from 35.8 billion CNY in 2023 to 145.1 billion CNY in 2024, marking a year-on-year growth of 305.5%, with a net profit of 5.9 billion CNY in 2024, a 342.72% increase [7][8]. Strategic Partnerships and Investments - Dongfeng Motor, as a significant shareholder with 18.88% ownership, realized a profit of 41.5 billion CNY from its investment in Seres, highlighting the long-term strategic collaboration between the two companies [10][11]. - The Chongqing local government supported Seres through substantial investments, including a record 2.176 billion HKD from the Chongqing Industrial Mother Fund, facilitating the company's fundraising efforts [14]. Market Position and Product Success - Seres' models, particularly the AITO series, have achieved significant sales milestones, with the AITO M9 becoming the best-selling model in the 500,000 CNY segment in 2024, and the M7 leading the 300,000 CNY category [8][9]. - The company has established itself as a leader in the high-end electric vehicle market, contrasting with the broader trend of price reductions in the new energy vehicle sector [7][8]. Local Government Support - The Chongqing government has played a crucial role in Seres' development by providing resources and policy support, helping the company to establish a comprehensive supply chain and enhance production capabilities [14][15]. - The establishment of the Two Rivers Intelligent Factory exemplifies the government's commitment to facilitating rapid production timelines, significantly reducing the average industry setup time [15].

Core Viewpoint - The October performance of the new energy vehicle (NEV) market has shown significant growth, marking a strong sales season that contrasts with the overall automotive market's decline [2][7][8]. Group 1: Sales Performance - Multiple NEV brands reported record-high delivery numbers in October, with Leap Motor delivering 70,289 vehicles, a year-on-year increase of over 84% [2][5]. - BYD achieved sales of 441,706 vehicles in October, the highest for the year, with cumulative sales from January to October reaching 3,701,852 vehicles, and over 14.2 million NEVs sold cumulatively [3]. - Geely's passenger car sales reached 307,133 units in October, a year-on-year increase of 35%, maintaining an upward trend for eight consecutive months [3]. - Changan's Avita Technology reported sales of 13,500 units in October, a year-on-year increase of 34%, marking a historical high [6]. Group 2: Market Dynamics - The NEV market's robust performance is attributed to supportive policies and the launch of new models, positioning it as a key driver for growth in the automotive industry [2][9]. - Despite the NEV market's growth, the overall passenger car market saw a decline, with retail sales dropping by 7% year-on-year in October [7][8]. - The China Passenger Car Association anticipates that the NEV penetration rate will reach new heights, driven by ongoing policy support and new model launches [9]. Group 3: Future Outlook - The fourth quarter is expected to see continued support from vehicle scrappage and replacement, as well as demand driven by the upcoming reduction in NEV purchase tax subsidies [9]. - Analysts suggest focusing on leading companies in the NEV industry and those with international market presence, as well as component suppliers and infrastructure firms benefiting from the NEV growth [9].

香港交易及結算所有限公司及香港聯合交易所有限公司對本聯合公告 的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示， 概不對因本聯合公告全部或任何部份內容而產生或因倚賴該等內容而 引 致 的 任 何 損 失 承 擔 任 何 責 任。 本 聯 合 公 告 僅 供 參 考，並 不 構 成 收 購、購 買 或 認 購 東 風 公 司、要 約 人、 本 公 司 或 嵐 圖 證 券 之 邀 請 或 要 約，亦 非 在 任 何 司 法 權 區 招 攬 任 何 投 票 權 或 批 准。 本 聯 合 公 告 之 全 部 或 部 分 內 容 不 得 在、向 或 從 任 何 將 構 成 違 反 其 適 用 法 律 或 法 規 之 司 法 權 區 發 佈、刊 發 或 派 發。 DONGFENG MOTOR CORPORATION* 東風汽車集團有限公司 （一間 於中華 人民 共和 國註冊 成立的 有限 公司） (1)東 風 汽 車 集 團（武 漢）投 資 有 限 公 司 通過吸收合併的方式將東風汽車集團股份有限公司 私有化之附先決條件之建議 (2)東風汽車集團股份有限公司 分派嵐圖股份之建議 (3)撤銷東風汽車集團股份有 ...

Group 1 - Dongfeng Motor Group Co., Ltd. appointed Wang Jun as the new Deputy General Manager and a member of the Party Committee, following a recent leadership meeting [2] - Wang Jun has a rich background in the automotive industry, having worked for 30 years at Changan Automobile in various key roles, including Vice Director of the Technical Center and General Manager of the Sales Company [4] - The recent personnel changes at Dongfeng include the promotion of Zhou Feng to Deputy General Manager in July and the appointment of former Chief Accountant Feng Changjun as Director and General Manager in October, leaving only one Deputy General Manager position vacant [5] Group 2 - Dongfeng Motor, as one of the three major state-owned automobile manufacturers in China, is accelerating its development in the new energy sector, with total sales reaching 1.3168 million units from January to September 2025, a year-on-year decline of 3.6% [5] - The sales of new energy vehicles reached 361,900 units during the same period, marking a significant year-on-year increase of 35.6%, with notable growth in its self-owned brands such as Yipai Technology, Lantu Automobile, and Mengshi Technology [5] - The impact of Wang Jun's appointment on Dongfeng Motor's future operations and strategy will be closely monitored by industry analysts [5]

Core Insights - Dongfeng Group reported total revenue of approximately 90.999 billion yuan for the first three quarters of 2025, representing a year-on-year increase of 19.38% [1] - The net loss attributable to the parent company's owners was approximately 1.882 billion yuan, which is a year-on-year increase of about 168% [1] Financial Performance - Total revenue reached approximately 90.999 billion yuan [1] - Year-on-year revenue growth was 19.38% [1] - Net loss attributable to the parent company was approximately 1.882 billion yuan [1] - The net loss increased by approximately 168% compared to the previous year [1]