Ju Chao Zi Xun·2025-09-18 02:37Group 1 - Dongfeng Group announced the establishment of a joint venture with a registered capital of RMB 8.47 billion to develop and sell smart off-road vehicles [2] - The joint venture will focus on manufacturing and selling smart off-road vehicles, with an operational period of 20 years [2] - Dongfeng Group will contribute RMB 3.55 billion in intangible asset usage rights, while Dongfeng Motor Company will contribute RMB 920 million in physical assets [2] Group 2 - The investment amounts were determined based on an asset valuation report from an independent appraiser, using methods such as income, cost, and market approaches [3] - The establishment of the joint venture is a strategic move for Dongfeng Group in the context of the automotive industry's shift towards intelligence and electrification [3] - The joint venture aims to enhance market competitiveness by integrating technological research and development, manufacturing, and market channels [3]