Sou Hu Cai Jing·2025-08-25 09:10Core Viewpoint - Dongfeng Group's stock price surged significantly due to its subsidiary, Lantu Automotive, planning to go public in Hong Kong through an introduction listing, while Dongfeng Group will simultaneously complete its privatization and delisting [4][5]. Company Summary - Dongfeng Group's opening stock price was HKD 10.1, marking a 69.18% increase from the previous trading day, and the closing price was HKD 9.2, up 54.1% from the issue price [2][4]. - The company's market capitalization at the closing price was HKD 759.24 billion [3]. - Lantu Automotive will list on the Hong Kong Stock Exchange, with Dongfeng Group distributing 79.67% of its shares in Lantu to all shareholders, followed by a merger with its wholly-owned subsidiary [5]. - This move signifies Lantu Automotive's status as the latest new energy vehicle company to be listed in Hong Kong, joining other brands like NIO, Li Auto, and Xpeng [5]. Industry Summary - Lantu Automotive has established a product matrix with high-end offerings across three categories: SUV, MPV, and sedan, achieving a cumulative production of over 200,000 vehicles [5]. - In 2024, Lantu Automotive delivered 85,697 vehicles, representing a year-on-year growth of approximately 70%, with sales exceeding 10,000 units for five consecutive months since 2025 [6]. - The listing of Lantu Automotive is expected to enhance its growth potential and contribute to the industrial transformation of Wuhan and Hubei province in the new energy vehicle sector [5][6].