- 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） | | | | 生產量 | | | | | 銷售量 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 當期 | 同期 | 本年累計 | 同期累計 | 累計同比 | 當期 | 同期 | 本年累計 | 同期累計 | 累計同比 | | 乘用車 | 193,453 | 159,834 | 1,581,513 | 1,540,800 | 2.64% | 161,167 | 154,277 | 1,523,783 | 1,544,140 | -1.32% | | 基本型乘用車 | 89,965 | 83,527 | 753,804 | ...

2026 年 1 月 9 日 透過合併進行私有化 | 交易方 | 日期 | | | 買入／賣出 | 股份數目 | | 每股價格 | | 交易後數額（包括與其訂有 | 佔該類別證券的百分比（包 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | | | | | 協議或達成諒解的任何人士 | 括與其訂有協議或達成諒解 | | | | | | | | | | | 的證券） | 的任何人士的證券）% | | BlackRock, Inc. | 2026 | 年 1 | 月 8 | 賣出 | | 31,996 | | $8.7200 | 102,982,609 | 4.1322% | | | 日 | | | 買入 | | 21,716,567 | | $8.7200 | 124,699,176 | 5.0036% | | | | | | 賣出 | | 64,000 | | $8.7113 | 124,635,176 | 5.0010% | 完 註： BlackRock, Inc.憑藉持有受要約公司的普通股，所 ...

2026 年 1 月 9 日 透過合併進行私有化 就東風汽車集團股份有限公司的股份的交易披露 執行人員接獲依據香港《公司收購及合併守則》規則 22 作出以下的證券交易的披露： | 交易方 | 日期 | | | | 有關證券的說 | 產品說明 | 交易性質 | 與衍生工具有 | | 到期日或清結 | | 參考價 | 已支付／已收取 | 交易後數額（包 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | 明 | | | 關的參照證券 | 日 | | | | 的總金額 | | 括與其訂有協議 | | | | | | | | | | 數目 | | | | | | | 或達成諒解的任 | | | | | | | | | | | | | | | | | 何人士的證券） | | BlackRock, | 2026 | 年 | 1 | 月 8 | 衍生工具 | 其他類別產品 | 訂立衍生工具合約 | | 356,000 | 2026 年 1 | 月 8 ...

2026 年 1 月 10 日 執行人員接獲依據香港《公司收購及合併守則》規則 22 作出以下的證券交易的披露： | 交易方 | 日期 | 買入／賣出 | 股份數目 | 每股價格 | | | 交易後數額（包括與其訂有 | 佔該類別證券的百分比（包 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | | | 協議或達成諒解的任何人士 | 括與其訂有協議或達成諒解 | | | | | | | | 的證券） | | | 的任何人士的證券）% | | | BlackRock, Inc. | 2026 年 1 月 9 | 買入 | | 30,000 | | $8.6707 | 124,665,176 | | 5.0022% | | | 日 | 買入 | | 42,000 | | $8.6710 | 124,707,176 | | 5.0039% | | | | 買入 | | 24,000 | $8.6700 | | 124,731,176 | 5.0049% | | | | | 賣出 | | 69,886 | | $ ...

国家知识产权局信息显示，东风汽车集团股份有限公司申请一项名为"小目标检测方法、系统、电子设 备及计算机可读介质"的专利，公开号CN121305026A，申请日期为2025年9月。 专利摘要显示，本发明提供了一种小目标检测方法、系统、电子设备及计算机可读介质，属于计算机视 觉技术领域，该方法包括获取实时图片；将实时图片输入小目标检测模型的骨干网络进行特征提取，得 到多尺度特征图；骨干网络包括重复可分组视觉变换器网络；将多尺度特征图输入小目标检测模型的特 征融合网络，得到融合后的特征图；将融合后的特征图输入小目标检测模型的检测头网络，得到目标检 测结果。本发明采用重复可分组视觉变换器网络对实时图片提取不同尺度大小的特征图，在训练阶段增 加网络深度和宽度增强模型的特征提取能力，在推理阶段通过网络结构重参数化简化模型结构，加快推 理速度，实现轻量化小目标检测模型，提高小目标在边缘设备上的检测精度和速度。 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。 财经频道更多独家策划、专家专栏，免费查阅>> 天眼查资料显示，东风汽车集团股份有限公司，成立于2001年，位于武汉市，是一家 ...

Group 1 - Dongfeng Motor Corporation has applied for a patent titled "An Engine Linkage Control System, Method, and Controller," with publication number CN121296308A, and the application date is November 2025 [1] - The patent describes an engine linkage control system that includes a controller, an electric valve timing adjustment device, and an electric supercharging device, aimed at improving engine control technology [1] - The system is designed to intelligently control the two electric accessories in coordination, significantly reducing the compression resistance during engine startup, thereby improving NVH (Noise, Vibration, and Harshness) performance and optimizing engine performance under various transient conditions [1] Group 2 - Dongfeng Motor Corporation, established in 2001 and located in Wuhan, primarily engages in the automotive manufacturing industry [2] - The company has a registered capital of 858,937,000 RMB and has made investments in 44 enterprises, participated in 5,000 bidding projects, and holds 5,000 patent records [2] - Additionally, Dongfeng has obtained 156 administrative licenses, indicating a robust operational framework and extensive engagement in the automotive sector [2]

Group 1 - The core point of the article is the recent change in the ownership structure of Dongfeng Honda Engine Co., Ltd., where Dongfeng Group officially exited as a shareholder, and GAC Honda became the sole shareholder, leading to a name change to GAC Honda Engine Co., Ltd. [1] - On November 10, 2025, Dongfeng Group sold its 50% stake in Dongfeng Honda Engine Co., Ltd. to GAC Honda for a transaction price of 1.172 billion yuan, aimed at optimizing asset structure and accelerating the transition to new energy [3]

Core Viewpoint - The Chinese automotive market, particularly in the new energy vehicle (NEV) sector, is transitioning from rapid growth to a more cautious approach, with manufacturers setting more conservative sales targets for 2026 compared to previous years [2]. Group 1: Sales Targets and Growth Rates - Traditional automakers are adopting more cautious growth targets, while new entrants, despite maintaining optimism, have reduced their aggressive growth ambitions [2]. - Among seven automotive manufacturers analyzed, only Leap Motor set a doubling sales target from 500,000 units in 2025 to 1 million in 2026 [2]. - Geely has the highest sales target for 2026 at 3.45 million units, representing a 14% growth from 2025, with a projected NEV sales target of 2.22 million units, up 32% from the previous year [5]. - Dongfeng aims for a total sales target of 3.25 million units in 2026, with an estimated growth rate exceeding 30% [5]. - Chery has set a target of 3.2 million units for 2026, reflecting a 14% increase from 2025 [6]. - Great Wall Motors has adjusted its 2026 sales target down to a minimum of 1.8 million units, a 36% increase from the previous year [6]. - NIO aims for a sales target of 456,000 to 489,000 units in 2026, maintaining a growth rate of 40%-50% [7]. Group 2: Market Dynamics and Strategies - The implementation of a halved purchase tax for NEVs and adjustments to subsidy policies are introducing new variables into the domestic automotive market [2]. - Dongfeng's new brand, Yipai Technology, plans to launch six new models by 2026, indicating a strategic focus on innovation [6]. - Xiaomi has set a sales target for 2026 that exceeds a 30% increase from last year's actual sales, with plans to upgrade its vehicle lineup [8]. - The new Xiaomi SU7 is expected to launch in April 2026, featuring advanced driving assistance hardware and improved range capabilities [8].

Core Viewpoint - Several automotive companies have announced their sales targets for 2026, and an analysis of their 2025 performance reveals the potential challenges they may face in achieving these goals [3]. Group 1: Company Performance and Targets - Geely Automobile aims for a target of 3.45 million units in 2026, having achieved 3.0246 million units in 2025, exceeding its target of 3 million units with a completion rate of 100.8% [3] - BYD's actual sales in 2025 reached 4.6024 million units, surpassing its adjusted target of 4.6 million units, with a significant pure electric sales figure of 2.2567 million units, ranking first globally [5] - Leap Motor set a target of 1 million units for 2026, achieving 597,000 units in 2025, exceeding its target of 500,000 units with a completion rate of 119.3% [8] - Changan Automobile has a target of 3.3 million units for 2026, with 2025 sales of 2.913 million units, achieving a completion rate of 97.1% [12] - Chery Group aims for 3.2 million units in 2026, having sold 2.8064 million units in 2025, with a completion rate of 86.1% [15] - NIO targets between 456,000 and 489,000 units for 2026, with 2025 sales of 326,000 units, achieving a completion rate of 74.1% [20] Group 2: Challenges Faced by Companies - Geely faces challenges such as EU anti-subsidy investigations and changes in Brazil's tax policies affecting exports [3][4] - BYD needs to improve sales in the high-end market, particularly for its luxury models, and address rising overseas transportation costs, which increased by 47% [6][7] - Leap Motor must compete in the 100,000-150,000 yuan market against Geely and Changan, while its gross margin is only 12%, below the industry average of 15% [10] - Changan's challenges include competition in the new energy market with BYD and Tesla, and reliance on Middle Eastern and Southeast Asian markets for exports, which are subject to geopolitical risks [14] - Chery's domestic market faces low new energy penetration at 32%, necessitating a faster transition, while its exports are vulnerable to currency fluctuations and trade barriers [15] - Great Wall Motors has significantly reduced its target from 4 million to 1.8 million units, indicating a strategic contraction, and faces delays in its new energy transition [18][19] - NIO's sales target increase of 40-50% requires monthly sales of 38,000-41,000 units, while its average monthly sales in 2025 were only 27,000 units, alongside ongoing financial losses [22] Group 3: Industry Trends and Insights - The competition in the automotive market is intensifying, with many companies having gross margins below the industry average of 15%, limiting their operational flexibility [23] - The price volatility of lithium carbonate, a key component for batteries, is expected to negatively impact cost reduction efforts for automotive companies in 2026 [23] - The automotive industry is entering a phase of "technology-driven + globalization" competition, requiring companies to balance scale, profit, and technology to achieve their 2026 targets [25]

Key Points - Multiple automakers have announced their sales targets for 2026, with Geely aiming for 3.45 million units this year, representing a 14% growth rate, making it the highest among disclosed targets [4] - Dongfeng Group has set a target of 3.25 million units for 2026, with an estimated growth rate exceeding 30%, including 1.7 million electric vehicles [4] - Chery Group aims for 3.2 million units, a 14% increase from 2025, while Great Wall Motors has lowered its target from 2.49 million to 1.8 million units, reflecting a 36% growth from last year [5] - NIO's sales target for 2026 is set between 456,000 and 489,000 units, indicating a growth rate of 40-50% [5] Domestic News - Lei Jun, founder of Xiaomi, expressed his discomfort with being labeled a "marketing master," emphasizing that Xiaomi's success is rooted in product and technology rather than marketing [7] - Changan Automobile refuted rumors about canceling year-end bonuses, confirming a plan to distribute bonuses equivalent to 4.3 months' salary plus a fixed amount of 3,000 yuan [10][11] - Realme will return to OPPO as a sub-brand, with CEO Sky Li overseeing all sub-brand operations, aiming for better resource integration [13] International News - Tesla faced a significant decline in European sales for 2025, with a 27.8% drop from approximately 326,000 units in 2024 to about 235,000 units [35] - The decline was particularly severe in Germany, where sales plummeted by 48.4%, and in France, where new policies negatively impacted sales by 37.5% [36][37] - Despite the overall downturn, Tesla saw a 41.3% increase in Norway, although this growth is expected to be short-lived due to upcoming changes in electric vehicle incentives [37] Company Developments - IKEA China announced the closure of seven stores as part of a strategy to optimize its channel layout and enhance business resilience [14] - Huawei's spun-off business, xFusion, is set to initiate an IPO, with a valuation estimated at nearly $9 billion [15] - Roborock unveiled a concept cleaning robot at CES 2026, featuring a unique design that allows it to navigate stairs [30]