Ju Chao Zi Xun·2025-08-08 03:23Core Viewpoint - Dongfeng Motor Group Co., Ltd. issued a profit warning, projecting a significant decline in net profit for the six months ending June 30, 2025, with estimates ranging from RMB 30 million to RMB 70 million, representing a decrease of approximately 90% to 95% compared to the same period in 2024 [2][2][2] Summary by Relevant Sections Financial Performance - The company anticipates a net profit range of RMB 30 million to RMB 70 million for the six months ending June 30, 2025, indicating a drastic decline of about 90% to 95% year-on-year [2][2][2] Market Conditions - The decline in performance is attributed to the continued downturn in the non-luxury joint venture brand market, which has led to a significant drop in both sales and profits for the group's joint venture passenger vehicle business [2][2][2] Strategic Response - In response to intense market competition, the company has increased investments in research and development, brand and channel development, and marketing within its independent business sector [2][2][2] Additional Information - The figures provided are preliminary assessments of the unaudited consolidated management accounts and are subject to further review and potential adjustments before the final mid-year results are disclosed [2][2][2]