Group 1 - Lantu Automotive's plan to list in Hong Kong has been approved, marking its entry into the capital market after a short preparation period of less than five months [1] - Dongfeng Motor Group announced the privatization of Dongfeng Group through a merger, which includes the distribution of Lantu Automotive shares and the cancellation of the group's listing status [1][3] - The listing plan for Lantu Automotive began on August 22, 2025, with a two-step process involving a share distribution and a merger [3] Group 2 - Dongfeng Group will distribute 79.67% of its shares in Lantu Automotive to all shareholders before Lantu's introduction to the Hong Kong Stock Exchange [3] - Following the share distribution, Dongfeng Motor's wholly-owned subsidiary will pay equity compensation to the controlling shareholder and cash compensation to minority shareholders to achieve 100% control of Dongfeng Group [3] - Lantu Automotive changed its name and corporate structure in September 2025, transitioning to a joint-stock company [3]
岚图汽车赴港上市获批 东风集团股份将私有化退市