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东风集团退市!
Xin Lang Cai Jing·2025-08-27 16:37

Group 1 - Dongfeng Motor Group Co., Ltd. announced that its subsidiary, Lantu Automotive, will go public in Hong Kong through a reverse listing, while Dongfeng Group will simultaneously complete its privatization and delisting [3][6] - The transaction involves a total acquisition price of HKD 10.85 per share, consisting of HKD 6.68 in cash and HKD 4.17 in equity [9] - The first phase of the transaction includes the distribution of 79.67% of Lantu's shares to all shareholders, followed by Lantu's introduction to the Hong Kong Stock Exchange [9] Group 2 - For the first half of 2025, Dongfeng Group reported revenue of CNY 54.533 billion, a year-on-year increase of 6.6%, but net profit attributable to shareholders dropped by 92% to CNY 0.55 million [11] - The decline in profit is attributed to a downturn in the non-luxury joint venture market, leading to significant drops in sales and profits for the joint venture passenger vehicle business [11][16] - Dongfeng Group's total sales for the first half of 2025 were 823,900 units, a decrease of 14.7%, while sales of new energy vehicles increased by 33% to 204,400 units [13] Group 3 - Lantu Automotive, established in 2018, has shown strong performance with a cumulative sales volume of 68,300 units in 2023, representing a year-on-year growth of 87.58% [15] - The company aims to achieve an annual sales target of 200,000 units this year, with July sales reaching 12,100 units, a 101.75% increase year-on-year [15] - Dongfeng Group's stock price has been under pressure, with a closing price of HKD 4.74 per share as of July 31, 2025, indicating a market capitalization below net asset value [14][16]