智通财经网·2025-09-17 11:41Core Viewpoint - Dongfeng Group has announced the establishment of a joint venture focused on the manufacturing and sales of smart off-road vehicles, integrating financial resources, R&D expertise, and manufacturing capabilities among the partners [1] Group 1: Joint Venture Details - The joint venture will be established through an investment agreement signed on September 17, 2025, involving Dongfeng Group, Dongfeng Motor Co., Xiangyang Holdings, and Xiangao Investment [1] - The registered capital of the joint venture is set at RMB 8.47 billion, with Dongfeng Group and Dongfeng Motor Co. contributing RMB 3.55 billion and RMB 0.92 billion respectively, accounting for approximately 41.9% and 10.9% of the total capital [1] - Xiangyang Holdings and Xiangao Investment will contribute RMB 2.88 billion and RMB 1.12 billion in cash, representing 34% and 13.2% of the registered capital [1] Group 2: Strategic Focus - The joint venture aims to primarily engage in the manufacturing and sales of smart off-road vehicles [1] - The collaboration is expected to enhance the partners' capabilities in automotive production and sales through the integration of resources and expertise [1]