岚图汽车将登陆港股：年营收194亿 武汉诞生首家新能源上市企业

Group 1 - Dongfeng Group's subsidiary, Lantu Automotive, will be listed on the Hong Kong Stock Exchange through an introduction listing, while Dongfeng Group will complete its privatization and delisting [3][4] - The transaction involves a "share distribution + absorption merger" model, where Dongfeng Group will distribute 79.67% of its shares in Lantu to all shareholders and then absorb the remaining shares [3][4] - H shareholders will receive 0.3552608 shares of Lantu for each H share held, along with a cash payment of HKD 6.68, resulting in a total theoretical value of approximately HKD 10.85 per H share [4][5] Group 2 - Lantu Automotive has shown rapid growth, with a projected delivery of 85,697 vehicles in 2024, representing a year-on-year increase of about 70% [12] - The company has been operating independently and is recognized as a high-end electric vehicle brand under Dongfeng, with a focus on market-driven operations [12][23] - Lantu's collaboration with Huawei has led to the development of the Lantu Zhiyin, which is positioned to compete with models like Tesla Model Y [14][23] Group 3 - Dongfeng Group's stock has been underperforming, with a market value of HKD 49.268 billion and a share price of HKD 5.97 prior to suspension [6][7] - The overall acquisition price for the transaction is HKD 10.85 per share, with cash compensation of HKD 6.68 and equity compensation of HKD 4.17 [5] - After the transaction, Dongfeng will remain the largest shareholder with approximately 62% ownership, while independent H shareholders will hold about 20.85% [20]