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。 ...

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 ...

（原标题：东风集团股份等在襄阳新设科技公司，注册资本84亿） 企查查APP显示，近日，猛士科技（襄阳）有限公司成立，注册资本84.7亿元，经营范围包含：工程和 技术研究和试验发展；以自有资金从事投资活动；汽车零部件研发；电机及其控制系统研发等。企查查 股权穿透显示，该公司由东风集团股份（00489.HK）、东风汽车有限公司等共同持股。 ...

Group 1 - The establishment of Mengshi Technology (Xiangyang) Co., Ltd. with a registered capital of 8.47 billion yuan [1] - The company's business scope includes engineering and technology research and experimental development, investment activities with self-owned funds, automotive parts research and development, and motor and control system research and development [1] - The company is jointly held by Dongfeng Motor Group Co., Ltd. and Dongfeng Automobile Co., Ltd. [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。 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） 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。 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） DONGFENG MOTOR GROUP COMPANY LIMITED* DONGFENG MOTOR GROUP (W ...

Sales Performance - Dongfeng Motor Group sold approximately 823,900 vehicles in the first half of 2025, a year-on-year decrease of 14.7%, with sales revenue reaching 54.533 billion yuan, an increase of 6.6%[6] - Sales of self-owned passenger vehicles increased by 17.5% year-on-year to 221,000 units, with a gross margin of 13.1%, up 4.1 percentage points[7] - New energy vehicle sales reached 204,400 units, a year-on-year increase of 33.0%, with their share of total sales rising by 8.9 percentage points[7] - The high-end new energy brand, Lantu, achieved a remarkable year-on-year sales growth of 84.8%[8] - The group exported 99,000 vehicles in the first half of 2025, marking a year-on-year increase of 5.8%[9] - The company anticipates a total vehicle sales volume of 33.02 million units for the year 2025, representing a year-on-year growth of 5%[24] - New energy vehicle sales are projected to reach 1.615 million units in 2025, reflecting a year-on-year increase of 25.5%[24] - The company reported a significant increase in new energy vehicle penetration rate to 44.3%, up by 3.4 percentage points compared to the end of 2024[22] Financial Performance - The gross profit was 7.599 billion yuan, reflecting a year-on-year growth of 28.0%, and the gross margin improved by 2.3 percentage points to 13.9%[6] - The company achieved a sales volume of approximately 823,900 units, a year-on-year decrease of 14.7%, while sales revenue reached approximately RMB 54.533 billion, an increase of 6.6%[51] - The passenger vehicle segment generated sales revenue of approximately RMB 25.279 billion, up 17.27% from RMB 21.556 billion in the same period last year[55] - The commercial vehicle segment reported sales revenue of approximately RMB 25.910 billion, a slight decrease of 0.98% from RMB 26.166 billion year-on-year[57] - The automotive finance segment reported revenue of approximately RMB 2.856 billion, a slight decrease of 0.31% from RMB 2.865 billion year-on-year[58] - The company's attributable profit for the first half of 2025 was approximately RMB 55 million, a decrease of about RMB 629 million or 92.0% year-on-year, with a net profit margin of 0.1%[75] - The net loss for the period was RMB 101 million, compared to a profit of RMB 40 million in the previous year[94] - Total revenue for the six months ended June 30, 2025, was RMB 54,533 million, an increase from RMB 51,145 million for the same period in 2024, representing a growth of approximately 4.67%[118] Research and Development - R&D investment intensity for self-owned brands continues to grow, with over 20,000 valid patents accumulated, leading the industry in innovation[9] - The launch of the "Tianyuan Intelligent" technology brand aims to enhance the smart driving and smart cabin experience, with new models featuring advanced AI technologies[11] - The establishment of the Dongfeng Yipai Automotive Technology Company aims to integrate core resources across brands, enhancing efficiency in R&D, manufacturing, and sales[11] Market Strategy - Dongfeng Motor Group is committed to high-quality development, focusing on innovation-driven strategies and aiming to become a world-class automotive enterprise[12] - The company is actively pursuing the development of its automotive finance business, which has increasingly supported its vehicle sales operations[17] - Dongfeng Motor Group's strategic initiatives include enhancing its innovation capabilities and expanding its presence in the new energy vehicle market and overseas markets[24] - The company plans to establish overseas subsidiaries in Mexico and the Middle East, as well as a design center in Europe and Japan[32] Corporate Governance - The company is currently undergoing a board restructuring process, with the aim of ensuring continuity in its senior management team[27] - The board of directors consists of 6 members, including 3 independent non-executive directors, complying with the listing rules[29] - Three board meetings were held in the first half of 2025, discussing key matters including the 2024 financial report and profit distribution plan[30][32] - The company did not recommend an interim dividend for the six months ended June 30, 2025, compared to RMB 0.05 per share for the same period in 2024[39] Assets and Liabilities - Total assets as of June 30, 2025, were approximately RMB 317.786 billion, a decrease of about RMB 7.266 billion or 2.2% from the end of the previous year[76] - Total liabilities as of June 30, 2025, were approximately RMB 163.847 billion, a decrease of about RMB 6.408 billion or 3.8% from the end of the previous year[77] - Current liabilities decreased to RMB 133,330 million from RMB 143,007 million at the end of 2024, indicating improved liquidity management[97] - Non-current liabilities increased to RMB 30,517 million as of June 30, 2025, up from RMB 27,248 million at the end of 2024, representing an increase of 8.4%[99] Cash Flow - Cash and cash equivalents net outflow for the first half of 2025 was approximately RMB 13.834 billion, with operating activities contributing a net outflow of RMB 9.440 billion[80] - Cash flow from operating activities showed a significant outflow of RMB 9,440 million for the six months ended June 30, 2025, compared to an inflow of RMB 494 million in the same period of 2024[103] - Total cash and cash equivalents decreased to RMB 33,582 million as of June 30, 2025, down from RMB 60,561 million at the end of 2024, a decline of 44.5%[105] Related Party Transactions - The company purchased automotive parts and raw materials from related parties totaling RMB 7,934 million for the six months ended June 30, 2025, an increase of 14.5% from RMB 6,927 million in the same period of 2024[142] - The company sold vehicles to related parties amounting to RMB 723 million for the six months ended June 30, 2025, up from RMB 339 million in the same period of 2024[144] - The company reported related party service purchases of RMB 1,241 million for the six months ended June 30, 2025, compared to RMB 1,101 million in the same period of 2024[143] Financial Position - The total equity attributable to equity holders of the parent decreased to RMB 148,491 million from RMB 149,290 million, a decrease of 0.5%[100] - The company’s retained earnings increased slightly to RMB 117,242 million from RMB 117,189 million, reflecting a marginal growth of 0.05%[100] - The fair value of financial assets as of June 30, 2025, totaled RMB 27,746 million, compared to RMB 25,769 million as of December 31, 2024, indicating an increase of approximately 7.7%[153]

Group 1 - Dongfeng Motor Group Co., Ltd. announced the establishment of a joint venture focused on the manufacturing and sales of smart off-road vehicles, in collaboration with Dongfeng Motor Co., Xiangyang Holdings, and Xiangao Investment [1][4] - The registered capital of the new joint venture amounts to 8.47 billion yuan, with Dongfeng Group contributing 3.55 billion yuan in the form of intangible asset usage rights, including proprietary technology for vehicle preparation and trademarks [4] - The shareholding structure of the joint venture includes Dongfeng Group holding 41.9%, Dongfeng Motor Co. at 10.9%, Xiangyang Holdings at 34%, and Xiangao Investment at 13.2% [4] Group 2 - The establishment of the new joint venture represents a significant move for Dongfeng in the smart off-road sector and is part of its deepening collaboration with Huawei [4] - The new company will engage in extensive cooperation with Huawei in areas such as smart vehicle product development, marketing, and ecosystem services, leveraging Huawei's integrated product development and marketing methodologies [4][5] - This collaboration is expected to enhance Dongfeng's capabilities in automotive intelligence and create differentiated competitiveness in the high-end new energy off-road market [5]

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* 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。 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。 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 (WUHAN) INVESTMENT COMPANY LIMITED* 東 風 汽 車 集 團（武 漢） 投資有限公司 東風汽車集團股份有限公司 （於中華人民共和國註冊成立 ...