Core Viewpoint - Dongfeng Group's stock price increased by 5.04% to HKD 9.59, with a trading volume of HKD 226 million, following the announcement of its subsidiary, Lantu Automotive, applying for a listing via introduction on the Hong Kong Stock Exchange [1] Summary by Relevant Sections Company Developments - Dongfeng Group announced that Lantu Automotive submitted its listing application on October 2, 2025, to the Hong Kong Stock Exchange [1] - The company plans to complete a privatization delisting concurrently with Lantu's listing [1] Market Analysis - According to Zhongyin International, the transaction is expected to create a win-win situation for all parties involved [1] - Dongfeng Group's stock has been considered undervalued for a long time since its listing on the Hong Kong Stock Exchange in 2005, and the H-share platform has lost its financing function [1] Shareholder Benefits - Independent H-share shareholders will receive a cash compensation of HKD 6.68 per share, along with an allocation of 0.3552608 shares of Lantu, indicating a substantial return [1]

消息面上，东风集团股份公布，岚图介绍上市的申请已于2025年10月2日向联交所提交。今年8月22日 晚，东风集团股份发布公告称，子公司岚图汽车将以介绍上市方式登陆港股，东风集团股份将同步完成 私有化退市。中银国际此前认为，此次交易将为相关方实现多方共赢。对于2005年在港交所上市的东风 汽车集团DMG而言，其股价长期被低估，H股上市平台已失去融资功能。对于独立H股股东而言，每股 除可获得6.68港元的现金对价外，还可获派0.3552608股岚图股份，回报优厚。 智通财经APP获悉，东风集团股份(00489)涨超5%，截至发稿，涨5.26%，报9.61港元，成交额2.14亿港 元。 ...

Core Viewpoint - Lantu Automotive has officially submitted its listing application to the Hong Kong Stock Exchange, marking a significant step towards its public offering in the capital market [1][2]. Group 1: Company Overview - Lantu Automotive, established in 2021, is a high-end new energy brand under Dongfeng Motor Corporation, covering three segments: sedans, SUVs, and MPVs [2]. - The company plans to launch 1 to 3 new models annually, aiming to have 6 to 9 models by the end of 2026, thereby covering mainstream market segments [3]. Group 2: Financial Performance - Lantu Automotive's revenue projections show a compound annual growth rate (CAGR) of 78.9% from 2022 to 2024, with revenues expected to reach 60.5 billion yuan in 2022, 127.5 billion yuan in 2023, and 193.6 billion yuan in 2024 [2]. - The gross profit margin is projected to increase from 8.3% in 2022 to 21.0% in 2024, ranking second in the new energy vehicle industry [2]. - The company is nearing profitability, with a pre-tax net loss of 19.8 billion yuan in 2023, expected to narrow to 2.43 billion yuan in 2024 [3]. Group 3: Sales and Market Expansion - Lantu Automotive's sales are projected to grow from 19,400 units in 2022 to 80,100 units in 2024, reflecting a CAGR of 103.2% [3]. - In September 2023, the company delivered 15,224 vehicles, a year-on-year increase of 52%, with total deliveries from January to September reaching 96,992 units, up 85% year-on-year [3]. Group 4: Corporate Restructuring - Significant personnel changes occurred on September 22, 2023, with the CEO Lu Fang taking over as the legal representative and chairman, indicating a new management structure aligned with the upcoming listing [4]. - Lantu Automotive underwent a shareholding reform, with Dongfeng Group distributing 79.67% of its shares to all shareholders, facilitating the company's introduction to the Hong Kong market [5].

智通财经APP讯，东风集团股份(00489)发布公告，岚图介绍上市的申请已于2025年10月2日向联交所提 交。向联交所提交的岚图就介绍上市拟发布的上市文件申请版本的经编纂版本预计可于香港联交所网站 (www.hkexnews.hk)查阅。 ...

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。 (2)東風汽車集團股份有限公司 分派嵐圖股份之建議 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） DONGFENG MOTOR GROUP COMPANY LIMITED* DONGFENG MOTOR GROUP (WUHAN) INVESTMENT COM ...

Core Viewpoint - GAC Group's board meeting approved the acquisition of a 50% stake in Dongfeng Honda Engine Co., Ltd. by GAC Honda, enhancing operational integration and supply chain stability [2] Group 1: Acquisition Details - GAC Honda will acquire the 50% stake from Dongfeng Motor Group at a base price of 1,172.4854 million yuan [2] - The funding for this acquisition will come from GAC Group's cash capital increase [2] - After the acquisition, GAC Group and Honda will maintain a 50:50 shareholding ratio in GAC Honda, making the target company a wholly-owned subsidiary of GAC Honda [2] Group 2: Strategic Implications - The acquisition will enable GAC Honda to achieve integrated operations in the engine sector, enhancing supply chain stability and autonomy [2] - It is expected to improve management efficiency, reduce costs, and enhance operational effectiveness [2] - This move lays a solid foundation for accelerating the transition towards smart and electric vehicle technologies [2]

9月30日，广汽集团发布公告，审议通过了《关于广汽本田股权投资相关事项的议案》，同意广汽本田 通过广东联合产权交易中心以公开受让的方式收购东风汽车集团股份有限公司持有的东风本田发动机 50%股权，挂牌底价为11.72亿元，资金来源为现金增资。（第一财经记者 黄琳） ...

Group 1: Automotive Market Performance - Retail sales of passenger vehicles from September 1-21 reached 1.191 million units, a year-on-year increase of 1%, and an 8% increase compared to the previous month. Cumulative retail sales for the year reached 15.955 million units, up 9% year-on-year [1][2] - Wholesale of passenger vehicles during the same period was 1.307 million units, showing no year-on-year growth but a 16% increase from the previous month. Cumulative wholesale for the year reached 19.349 million units, up 12% year-on-year [1][2] Group 2: New Energy Vehicle Insights - Retail sales of new energy passenger vehicles from September 1-21 totaled 697,000 units, a 10% year-on-year increase and an 11% increase from the previous month. The retail penetration rate for new energy vehicles reached 58.5%, with cumulative retail sales for the year at 8.267 million units, up 24% year-on-year [2] - Wholesale of new energy passenger vehicles during the same period was 724,000 units, reflecting a 10% year-on-year increase and a 19% increase from the previous month. The wholesale penetration rate for new energy vehicles was 55.4%, with cumulative wholesale for the year at 9.668 million units, up 31% year-on-year [2] Group 3: Policy and Technological Advancements - The Ministry of Transport is advancing the "Artificial Intelligence + Transportation" initiative, focusing on large-scale innovative applications of AI in the transportation sector as a primary direction [3] - A joint directive from eight departments, including the Ministry of Commerce, encourages the acceleration of R&D in digital products and the exploration of intelligent connected vehicle trials [3] Group 4: Mergers and Collaborations - China First Automobile Works is acquiring Shenzhen Zhuoyu Technology Co., which specializes in advanced driver-assistance systems (ADAS) with a focus on low-cost high-level intelligent driving [4] - Dongfeng Motor's chairman met with Huawei's executives to discuss deepening strategic cooperation and innovation in corporate governance and operational mechanisms [5]

Group 1: Market Insights - In August, China's share of the global automotive market reached 38%, an increase of 4 percentage points compared to the previous year, driven by strong sales and new subsidy policies [1] - Global automotive sales from January to August 2025 totaled 61.98 million units, a year-on-year increase of 6%, with China contributing 21.1 million units, up 12% [1] Group 2: Corporate Developments - Dongfeng Motor has established a new company, Mengshi Technology, in Xiangyang with a registered capital of 8.47 billion RMB, focusing on automotive parts R&D and sales [1] - Dongfeng Motor and Tencent signed a strategic cooperation agreement to enhance smart driving and cockpit innovations, integrating AI technology with corporate digitalization [2] - Dongfeng's subsidiary, Zhixin Technology, announced leadership changes, with new appointments aimed at strengthening management [3] Group 3: Product Launches and Achievements - The AITO M8 model from Huawei has surpassed 100,000 units in cumulative deliveries [4] - JMC's second phase of its product R&D building has officially commenced, focusing on core technologies such as smart cockpits and autonomous driving [5] - Zeekr has officially launched the Zeekr 9X model, starting at a price of 465,900 RMB [6] Group 4: Collaborations and Partnerships - Toyota and Isuzu have reached an agreement to jointly develop a new generation of fuel cell buses, with production planned to start in the 2026 fiscal year [7] - BYD's Hungarian factory has produced its 1,000th electric bus, which is tailored for the German market [7] Group 5: Industry Challenges - Jaguar Land Rover announced a gradual resumption of some manufacturing operations following a cybersecurity incident that had previously halted production [7]

国家知识产权局信息显示，东风汽车集团股份有限公司取得一项名为"一种车用散热器风扇的控制方 法"的专利，授权公告号CN116537929B，申请日期为2023年05月。 声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 ...