Xin Lang Cai Jing·2026-02-12 06:19Group 1 - The core announcement is that Dongfeng Motor Group (00489.HK) and the offeror Dongfeng Motor Group (Wuhan) Investment have completed all prerequisites for the privatization of Dongfeng Group shares through a merger and the spin-off of Lantu Automotive Technology Co., Ltd. (Lantu) for a public listing, moving into the final execution phase [1][2]. - According to the merger agreement, the offeror will pay a cash consideration of HKD 6.68 per H share to all H share shareholders. After the merger conditions are met, Dongfeng Group will apply for voluntary withdrawal of its H share listing status on the Hong Kong Stock Exchange [1][2]. - Dongfeng Group will distribute its shares in Lantu to existing shareholders and apply for Lantu's H share to be listed on the Hong Kong Stock Exchange through an introduction, with this spin-off not involving fundraising [1][2]. Group 2 - The announcement reveals that Lantu has completed the filing procedures for the introduction listing with the International Cooperation Department of the China Securities Regulatory Commission and has obtained the principle approval from the Hong Kong Stock Exchange for the introduction listing [3]. - In addition to the approvals from the National Development and Reform Commission, the Ministry of Commerce, and the State Administration of Foreign Exchange, all three merger prerequisites have been fully met [3]. - A comprehensive document detailing the privatization plan, shareholder meeting notice, and independent financial opinions will be sent out within seven days [4].