Core Viewpoint - Dongfeng Group plans to sell 50% stake in Dongben Engine to GAC Honda for approximately RMB 1.172 billion (around HKD 1.29 billion) as part of its strategy to optimize fuel vehicle asset structure and accelerate transition to the new energy sector [1] Group 1 - The sale is scheduled for October 30, 2025 [1] - The decision is influenced by the increasingly competitive landscape of the Chinese automotive industry [1] - The transaction aligns with the company's strategic planning for future growth [1]

Group 1 - The core point of the article is that Dongfeng Group has agreed to sell a 50% stake in Dongben Engine to GAC Honda for approximately RMB 1.172 billion (around HKD 1.29 billion) as part of its strategy to optimize its fuel vehicle asset structure and accelerate its transition to the new energy sector [1][1][1] Group 2 - The transaction will be conducted through a public bidding process at the Guangdong United Property Rights Exchange, which is a public asset and equity trading platform in China [1] - The decision to sell is influenced by the increasingly competitive landscape of the Chinese automotive industry [1] - The sale aligns with the company's strategic planning to enhance its focus on new energy vehicles [1]