Core Viewpoint - Dongfeng Motor Group Co., Ltd. is experiencing a significant decline in expected net profit for the first half of 2025, projecting a decrease of 90% to 95% year-on-year, despite a recovery in profitability compared to the second half of the previous year [1] Group 1: Financial Performance - The company anticipates a net profit of 30 million to 70 million RMB for the first half of 2025, indicating a substantial decline compared to the previous year [1] - The stock price increased over 7% in early trading, settling at 5.83 HKD with a trading volume of 338 million HKD [1] Group 2: Market Dynamics - The joint venture non-luxury brand market continues to decline, leading to a significant drop in sales and profits for the company's joint venture passenger vehicle business [1] - The company is increasing investments in research and development, brand and channel building, and marketing to cope with intense market competition [1] Group 3: Strategic Transition - Dongfeng is undergoing a critical transformation, shifting its revenue structure from primarily commercial vehicles to a focus on passenger vehicles [1] - The company's past profitability relied heavily on investment income from joint ventures such as Dongfeng Nissan and Honda, but the rise of its own passenger vehicle business, particularly the high-end brand Lantu, is becoming a core growth driver [1] - New models like Nano 06 and Fengshen L8 are being continuously launched in the mainstream market, which is expected to improve the profitability model through economies of scale [1] Group 4: Future Outlook - The commercial vehicle segment is expected to see a significant recovery in 2024, aided by the early implementation of vehicle replacement policies and improved execution efficiency [1]

Core Viewpoint - Dongfeng Motor Group Co., Ltd. (00489) is experiencing a significant decline in expected net profit for the first half of 2025, with projections indicating a drop of 90% to 95% year-on-year, despite a recovery in profitability compared to the second half of the previous year [1] Financial Performance - The company anticipates a net profit of 30 million to 70 million RMB for the first half of 2025, reflecting a substantial decrease compared to the previous year [1] - The trading performance showed a rise of over 7% in early trading, stabilizing at a 6% increase, with a transaction volume of 338 million HKD [1] Market Dynamics - The market for non-luxury joint venture brands continues to decline, leading to a significant drop in both sales and profits for the company's joint venture passenger vehicle business [1] - To combat intense market competition, the company is increasing investments in research and development, brand and channel development, and marketing within its independent business sector [1] Strategic Transition - Dongfeng is undergoing a critical transformation, shifting its revenue structure from a focus on commercial vehicles to a dominance in passenger vehicles [1] - Historically, the company's profitability relied heavily on investment returns from joint ventures such as Dongfeng Nissan and Honda [1] - The rise of the company's independent passenger vehicle business is being driven by its high-end brand, Lantu, with new models like Nano 06 and Fengshen L8 being launched to improve the profitability model through scale effects [1] Future Outlook - The commercial vehicle segment is expected to see a significant recovery in 2024, aided by the early implementation of vehicle replacement policies and improved execution efficiency [1]

智通财经APP获悉，东风集团股份(00489)早盘涨超7%，截至发稿，涨6%，报5.83港元，成交额3.38亿 港元。 消息面上，东风集团股份发布公告，公司预计25年上半年归母净利润0.3亿至0.7亿元人民币，同比下降 90%到95%。经计算，期内纯利较去年下半年环比实现扭亏为盈。公告称，上半年，合资非豪华品牌市 场继续下探，集团合资乘用车业务销量和利润大幅下降；及为应对激烈的市场竞争，集团在自主事业领 域研发、品牌和渠道建设、市场营销方面投入加大。 申万宏源此前表示，东风集团当前正处于关键转型阶段，收入结构已由以往的商用车为主逐步转向乘用 车主导。公司过去盈利主要依赖合资企业投资收益，如东风日产、本田等。当前，公司自主乘用车业务 迎来崛起，核心推动力来自高端品牌岚图。主流市场方面，纳米06、风神L8等新车持续推出，规模效 应有望改善盈利模型。商用车端，随着以旧换新政策提前启动并执行效率提升，预计2024年商用车将有 望实现显著复苏。 ...

Core Viewpoint - The "Qinghai-Tibet Plateau Ice Dome Exploration - 2025 International Glacier Protection Year Tangula Mountain Scientific Expedition" has officially commenced, focusing on glacier boundary dynamics, innovative technology validation, and human adaptability in extreme environments [1][3][13] Group 1: Scientific Expedition Details - The scientific expedition is organized by the Northwest Institute of Eco-Environment and Resources of the Chinese Academy of Sciences and the China Scientific Exploration Association [1] - The expedition will study glacier boundary dynamics, innovative technology validation, human adaptability in extreme environments, and the application of scientific equipment [3] - The official vehicle fleet for the expedition consists of 7 Manly M817 and 3 Manly 917 vehicles, marking the first large-scale scientific expedition using domestically produced new energy off-road vehicles in the Tangula Mountain area [8] Group 2: Support and Collaboration - The expedition has received significant support from various companies, including Huawei, Dongfeng Motor Group, and others, ensuring the scientific and safety aspects of the expedition [5][6] - Strategic partners from Huawei and Dongfeng expressed their commitment to providing smart wearable devices and new energy vehicles tailored for scientific exploration scenarios [11] Group 3: Environmental Significance - The Qinghai-Tibet Plateau is a critical area for the global cryosphere, and its ecological changes have profound implications for global climate and water supply [5] - The 2025 International Glacier Protection Year aims to promote climate adaptation research, policy progress, and practical actions related to glaciers [13] - This expedition is part of the second comprehensive scientific investigation of the Qinghai-Tibet Plateau, focusing on the dynamic changes and impacts of Asia's water tower [13]

8月7日晚间，东风集团股份（00489.HK）披露盈利预警称，预期上半年归母净利润同比下降90%到 95%，合资乘用车销量下降和自主事业领域投入增加共同导致这一结果。 虽然业绩走低，但是自6 月初重组传闻终结导致两日急跌后，东风集团股份反而反弹涨超 50% 。期间 公司与控股股东动作频频，展现了寻求转型发展的战略意图。 业绩下滑 公告显示，根据初步评估，东风集团股份预期，2025年前6个月，公司实现归母净利润区间为0.3亿元至 0.7亿元，同比下降90%到95%。东风集团股份提示，公司综合业绩尚未最终确定，有可能在进一步审阅 后予以调整。 动作频频 虽然销量、业绩走低的预期已经明确，但是6月至今，东风集团股份的股价反而上涨了超过26%。特别 是在6月5日大跌超14%后，东风集团股份累计涨幅已经超过50%。6月5日一早，东风集团股份公告澄 清，"东风公司暂不涉及相关资产和业务重组"，终结了长安、东风两大汽车央企合并重组的传闻。 与股价上行同步的是，6月5日之后，东风集团股份以及其控股股东东风汽车集团有限公司（下文简 称"东风汽车"）动作频频，展现了资源整合、加速发展的气象。 6月26日，东风汽车召开奕派汽车科技 ...

Major Events - Silver诺医药-B (02591) is set to conduct an IPO from August 7 to August 12, with an expected listing date of August 15 [1] - Boan Biotech (06955) plans to place 48 million shares at a discount of approximately 8.78%, aiming to raise about HKD 780 million [1] - Derin Holdings (01709) intends to raise HKD 653.3 million, focusing on the development of blockchain, RWA, and virtual asset businesses [1] - Fuhong Hanlin (02696) received FDA approval to initiate a Phase 1 clinical trial for HLX43, a PD-L1 targeted antibody-drug conjugate for thymic cancer treatment [1] - China Biopharmaceutical (01177) obtained NMPA approval for the Phase II clinical trial application of LM-24C5, a dual antibody targeting CEACAM5/4-1BB [1] Financial Reports - China Mobile (00941) reported a shareholder profit of HKD 84.235 billion, a year-on-year increase of 5.03% [1] - Manulife Financial-S (00945) announced a core profit of CAD 1.7 billion for the second quarter [1] - Swire Properties (01972) reported a basic profit attributable to shareholders of HKD 4.42 billion, a year-on-year growth of 15% [1] - Hutchison Whampoa (00013) posted a net profit of USD 455 million, a significant year-on-year increase of 1663.32% [1] - MGM China (02282) disclosed a net profit of HKD 2.383 billion, a year-on-year decrease of 11.25% [1] - SMIC (00981) reported a shareholder profit of USD 132 million for the second quarter, with a revenue guidance for the third quarter indicating a sequential growth of 5% to 7% [1] - Zai Lab (09688) achieved a total revenue of approximately USD 216 million for the first half of the year, reflecting a year-on-year growth of 15.35% [1] - Innovent Biologics (01801) reported total product revenue exceeding RMB 5.2 billion for the first half of the year, maintaining a strong growth rate of over 35% [1] - Pacific Basin Shipping (02343) announced a profit attributable to shareholders of USD 25.6 million, a year-on-year decrease of 56% [1] - Lee & Man Paper Manufacturing (02314) reported a net profit of HKD 811 million, a year-on-year increase of 0.7%, with an interim dividend of HKD 0.066 per share [1] - Swire Group reported a profit attributable to shareholders of HKD 815 million for the first half of the year, a year-on-year decrease of 79% [1] - Lee & Man Chemical Company (00746) reported a profit increase of 36.0% to HKD 327 million, with an interim dividend of HKD 0.195 per share [1] - Hua Hong Semiconductor (01347) reported a profit attributable to parent company owners of USD 7.952 million for the second quarter, a year-on-year increase of 19.2% [1] - Wharf Real Estate Investment (01997) reported a loss attributable to shareholders of HKD 2.406 billion, a year-on-year increase of 128.71%, with the first interim dividend of HKD 0.066 per share [1] - Dekang Agriculture (02419) issued a profit warning, expecting a year-on-year increase in fair value adjustments of biological assets to approximately RMB 1.1 billion to 1.4 billion [1] - Mongol Mining (00975) issued a profit warning, anticipating a net loss of approximately USD 15 million to 25 million for the first half of the year, marking a shift from profit to loss [1] - Dongfeng Motor Group (00489) issued a profit warning, expecting a decline in net profit attributable to the parent company of 90% to 95% for the first half of the year [1]

东风集团股份(00489)发布公告，公司预期截至2025年6月30日止六个月的归母净利润区间为人民币0.3亿 元至0.7亿元，与2024年同期相比约下降90%到95%。 董事会认为，本期业绩变动的主要原因：一.合资非豪华品牌市场继续下探，集团合资乘用车业务销量 和利润同比大幅下降。二.为应对激烈的市场竞争，集团在自主事业领域研发、品牌和渠道建设、市场 营销方面投入加大。 ...

格隆汇8月7日丨东风集团股份(00489.HK)发布公告，公司预期截至2025年6月30日止六个月的归母净利 润区间为人民币0.3亿元至人民币0.7亿元，与2024年同期相比约下降90%到95%。 董事会认为，本期业绩变动的主要原因：一.合资非豪华品牌市场继续下探，集团合资乘用车业务销量 和利润同比大幅下降。二.为应对激烈的市场竞争，集团在自主事业领域研发、品牌和渠道建设、市场 营销方面投入加大。 ...

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） 盈利預警 此 公 告 由 東 風 汽 車 集 團 股 份 有 限 公 司（以 下 稱「本公司」，連 同 其 附 屬 公 司 統 稱「本集團」）根 據 香 港 聯 合 交 易 有 限 公 司 證 券 上 市 規 則（「上市規則」） 第13.09條及香港法例第571章證券及期貨條例第XIVA部之內幕消息條文 而 發 佈。 本 公 司 董 事 會（「董事會」）謹 此 通 知 本 公 司 股 東 及 潛 在 投 資 者，董 事 會 認 為，基 於 對 本 集 團 截 至 二 零 二 五 年 六 月 三 十 日 止 六 個 月 的 最 新 未 經 審 核 綜 合 管 理 賬 目 的 初 ...

新央企长安汽车（000625）集团（以下简称"长安"）成立大会三天后，8月1日，东风汽车集团（以下简 称"东风"）在大本营武汉举办了东风奕派科技成立战略发布会。东风与长安的重组以长安分立独立央企 暂时告一段落，双方也都在通过不同形式释放出各自"独美"的信号。 围绕着奕派科技成立，是东风失去与长安重组契机后，另谋改革调整的关键举措。这背后有6天完成的 核心职能团队组建，有两周规划好的下半年工作目标，也有合资板块全面下滑的压力以及人事谜团。在 上半年整个集团销量下滑15%的艰难局面下，奕派科技承载的或许是东风目前能打出的最后一张牌。 乘用车公司变身奕派科技 6月5日，长安官宣分立成为独立央企，成为此次汽车央企的一次标志性转折。同时，东风旗下公司公 告，暂不涉及相关资产和业务重组，这意味着东风确实已经与本轮央企重组无关。 2025年上半年，阿维塔销量59084辆，同比增长103%；深蓝销量143236辆，同比增长70.8%；启源销量 120668辆。长安整体销量135.5万辆，创近8年新高。 东风方面，岚图销量56128辆，同比增长85%。猛士销量1291辆，同比增长34.5%；奕派销量25219辆， 同比增长14 ...