Core Viewpoint - The speculation regarding the merger between Changan Automobile and Dongfeng Motor has been officially concluded, with both companies announcing their latest developments in the restructuring process [1][3]. Group 1: Company Announcements - Changan Automobile announced that its indirect controlling shareholder, China Ordnance Equipment Group, will separate its automotive business into an independent central enterprise, maintaining the same actual controller [1]. - Dongfeng Motor announced that its indirect controlling shareholder, Dongfeng Motor Corporation, will not be involved in any asset or business restructuring at this time, ensuring that its normal operations will not be affected [3][4]. Group 2: Market Reactions - Following the announcements, Changan Automobile's stock price increased by 1.11%, reaching 12.7 CNY per share, while Dongfeng Motor's stock price fell by 5.3%, dropping to 7.51 CNY per share [5][7]. - The market had previously anticipated a merger, leading to heightened expectations for both companies, which contributed to the contrasting stock performances [5][8]. Group 3: Background Context - The speculation about the merger dates back to February 9, when both companies announced that their controlling shareholders were planning restructuring, which led to market discussions about a potential merger [7]. - On March 29, the State-owned Assets Supervision and Administration Commission (SASAC) indicated that it was advancing the restructuring of the automotive industry to enhance competitiveness and resource concentration [8].

长安汽车发布:独立为中央企业 汽车国家队重组的新版本 il ic 47 AUTO BUSINESS REVIEW 推 汽 动 新 车 向 进 前 撰文 / 牛跟尚 0 智慧全球 共赢 未来 FOR 2025长致汽车等股票大 设计 / shelly 6月5日，重庆长安汽车股份有限公司（简称长安汽车）董事会发布关于中国兵器装备集团有限公司 重组进展情况的公告。 2025年6月4日，本公司接到兵器装备集团通知，兵器装备集团收到国务院国有资产监督管理委员会 （以下简称"国务院国资委"）通知，经国务院批准，对兵器装备集团实施分立。其汽车业务分立为 一家独立中央企业，由国务院国资委履行出资人职责；国务院国资委按程序将分立后的兵器装备集 团股权作为出资注入中国兵器工业集团有限公司。 本次分立后，本公司间接控股股东将变更为汽车业务分立的中央企业，实际控制人未发生变化。 分立重组不会对本公司正常生产经营活动构成重大影响。 为保证及时、公平地披露信息，维护广大投资者利益，现予以公告。后续，本公司将严格按照信息 披露要求，持续关注有关进展情况，并根据相关法律法规的要求及时履行信息披露义务。 分立重组尚需按照法律规定履行相应程序，有 ...