凤凰网科技讯 10月7日，东风汽车发布销量快报：9月新能源汽车销售10.3万辆，同比增长20.4%。1-9 月，新能源汽车累计销售68.1万辆，同比增长11.1%。 其中，东风岚图9月交付15224辆，1-9月累计同比增长85%。东风奕派科技9月销售3万辆，同比增长 18.9%；1-9月销售19.1万辆，同比增长32.4%。 随着东风自主新能源提速发展 和新品加速投放 东风旗下主要自主事业单元 销量持续走高 东风岚图 9月交付15224辆 1-9月累计同比增长85% 1-9月,自主品牌汽车累计销售105.8万辆 同比增长6.2% 6 东风汽车 东风奕派科技 9月销售3万辆,同比增长18.9% 1-9月销售19.1万辆，同比增长32.4% 东风商用车 9月销售1.3万辆,同比增长149.7% 4 00以年の上工法 日山地区の000 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不 对所包含内容的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担 全部责任。邮箱：news_center@staff.hexun.com ...

Core Viewpoint - JD Group and Dongfeng Motor Group have signed a strategic cooperation agreement to establish a comprehensive strategic partnership, enhancing collaboration in various sectors including supply chain and digital transformation [1][3]. Group 1: Strategic Cooperation - The strategic cooperation aims to deepen collaboration in areas such as all-channel marketing for passenger vehicles, green intelligent logistics for commercial vehicles, parts sales, and after-sales service ecosystems [3][5]. - Both companies will leverage their strengths in supply chain demand scenarios and digital operations to focus on cost reduction and efficiency improvement [3][5]. Group 2: Existing Collaboration - JD Group and Dongfeng Motor have a solid foundation of cooperation, including joint development of customized vehicles and implementation of new energy and intelligent solutions [3][4]. - JD Group has provided Dongfeng with one-stop, customized, and intelligent procurement solutions and supply chain services [3]. Group 3: Company Profiles - Dongfeng Motor is a large state-owned automotive enterprise with a diverse business portfolio, including commercial vehicles, passenger vehicles, new energy, and key components [4]. - JD Group is positioned as a technology and service enterprise based on supply chain, with a focus on digital technology and capabilities across various sectors including retail, logistics, and health [4][5].

Group 1 - The core viewpoint of the articles highlights Dongfeng Motor's significant restructuring and strategic shifts in response to the challenges posed by the declining traditional fuel vehicle market and the rapid rise of new energy vehicles [2][28]. - Dongfeng has established a new entity, Yipai Technology, within a short timeframe, indicating a rapid organizational response to market demands and internal challenges [2][18]. - The company is facing systemic challenges related to its development model, management structure, and strategic direction, necessitating a comprehensive transformation to regain competitiveness [2][28]. Group 2 - Dongfeng's joint ventures, once profitable, are now experiencing a dramatic decline in sales, with significant drops in volumes for key partnerships like Dongfeng Nissan and Dongfeng Honda [7][10]. - The company has set ambitious sales targets for 2025, aiming for 1.88 million units, with a focus on increasing the share of its new energy vehicles to 30% [24][25]. - Dongfeng's recent personnel changes and strategic realignments are aimed at enhancing its technological capabilities and market positioning, reflecting a shift towards a more agile and innovative organizational culture [20][22]. Group 3 - The establishment of Yipai Technology is a strategic move to consolidate resources and enhance market competitiveness, with plans for a diverse product lineup by 2028 [19][16]. - Dongfeng's historical context reveals its evolution from a state-owned enterprise focused on commercial vehicles to a comprehensive automotive group, now facing the need for transformation amid industry changes [3][28]. - The company is leveraging its existing technological assets and partnerships to optimize resource allocation and improve efficiency in response to market pressures [14][28].

Core Viewpoint - Dongfeng Motor Group's new technology company, Yipai Technology, launched the "Future Wing" strategic plan to transform into a user-oriented and technology-driven enterprise, supporting the intelligent development of China's automotive industry [1][2]. Group 1: Strategic Directions - Yipai Technology will focus on four strategic directions: technology, brand, product, and overseas expansion to drive its transformation [1]. - The company aims to leverage Dongfeng's 56 years of automotive experience and R&D capabilities, with over 500 billion yuan invested in R&D during the 14th Five-Year Plan and a workforce of 12,000 R&D personnel [2]. Group 2: Sales Performance - Since the start of its new energy transition in 2023, the three brands under Dongfeng have seen rapid growth, with projected sales of 213,000 vehicles in 2024, representing an 82.4% year-on-year increase [2]. - In the first seven months of 2025, Yipai Technology achieved cumulative sales of 134,600 vehicles, marking a 32% year-on-year growth [2]. Group 3: Product and Brand Development - Yipai Technology plans to expand its product matrix to 20 models by 2028, covering A0 to C-class vehicles, with annual iterations for each model [3]. - The company is collaborating with Huawei to develop a high-end intelligent product series, with the first model, a full-size SUV, expected to launch in 2026 [3]. Group 4: Global Expansion - Yipai Technology's global strategy includes launching over 30 overseas models by 2027 and expanding its global sales service network to over 2,000 locations [3]. - The company aims to increase the localization ratio of manufacturing in key markets to 50% by 2030, with products already available in over 40 countries and regions [3]. Group 5: Industry Impact - The establishment of Yipai Technology is seen as a significant move for Dongfeng Motor to deepen state-owned enterprise reform and optimize resource allocation, enhancing its competitive edge in the market [4].

Core Insights - Dongfeng Motor is committed to advancing its transformation towards new energy vehicles and enhancing its technological independence amidst significant changes in the automotive industry [2][4][12] - The company achieved a total vehicle sales of 1.116 million units in the first half of the year, with a notable increase in sales of its own brands, which now account for 60% of total sales [2][12] - Dongfeng's new energy vehicle sales reached 402,000 units, marking a year-on-year growth of 6.8% and a penetration rate of 36% [2][12] Sales Performance - In June, Dongfeng's wholesale and terminal delivery volumes both surpassed 200,000 units, with a quarter-on-quarter increase in terminal deliveries of 23.6% [2] - Passenger vehicle sales totaled 864,000 units, while commercial vehicle sales reached 251,000 units [2] Product Development - Dongfeng has launched several new models in 2025, including the Dongfeng Yipai eπ007 and eπ008, as part of its strategy to strengthen its new energy product matrix [4][5] - The establishment of Dongfeng Yipai Automotive Technology Company aims to consolidate resources across the entire value chain to enhance the development of Dongfeng's passenger vehicle business [4] Technological Advancements - The launch of the "Tianyuan Intelligent" technology brand signifies Dongfeng's commitment to building a comprehensive intelligent technology system [5] - Dongfeng is actively involved in the formulation of national standards for advanced driver assistance systems, showcasing its leadership in intelligent vehicle technology [5] International Expansion - Dongfeng is accelerating its internationalization efforts, with significant market entries in Europe and the Middle East, including the opening of a flagship showroom in Italy [7][9] - The company has signed strategic cooperation agreements to further expand its presence in the Middle East and deepen its European market strategy [9] Industry Collaboration - Dongfeng has established partnerships with various entities, including Huawei, to enhance its capabilities in smart cockpit and connected vehicle technologies [5][12] - The company is also leading initiatives to address supply chain challenges by forming a joint innovation consortium for automotive-grade chips [12] Long-term Strategy - Dongfeng emphasizes a long-term approach to development, focusing on high-quality growth and the establishment of a complete ecosystem encompassing vehicles, core components, and key technologies [11] - The company is enhancing its industrial cluster by attracting specialized enterprises and improving supply chain efficiency [11]

Core Viewpoint - The decision to halt the merger between Dongfeng and Changan reflects a pragmatic approach to respect the actual circumstances and allows both companies to continue their strategic development independently [1][3][5]. Group 1: Company Performance - Dongfeng's new energy vehicle sales are projected to reach 860,000 units in 2024, representing a year-on-year growth of 64.4% [1]. - From January to May 2024, Dongfeng's cumulative sales of new energy vehicles reached 299,000 units, a staggering increase of 118.1% year-on-year [1]. - Changan's cumulative sales in 2024 are expected to hit 2.684 million units, marking a 5.1% year-on-year increase, the highest in nearly seven years [2]. - Changan's new energy vehicle sales reached 735,000 units in 2024, reflecting a year-on-year growth of 52.8% [2]. - In May 2024, Changan's single-month sales of new energy vehicles surpassed 94,800 units, with a year-on-year increase of 70% [2]. Group 2: Strategic Development - The cessation of the merger allows both Dongfeng and Changan to maintain their strategic stability and focus on their respective market demands and innovation [4]. - The restructuring of Changan's controlling shareholder to an independent central enterprise enhances decision-making efficiency and resource allocation flexibility [4]. - Both companies are positioned to explore collaborative opportunities in technology innovation and market expansion, particularly in new energy technology development and international market penetration [4][5]. Group 3: Industry Context - The automotive industry is undergoing significant transformation towards new energy and intelligent technology, necessitating companies to respond swiftly to market changes [3]. - The decision to stop the merger aligns with the trend of "professional integration" in the industry, as the State-owned Assets Supervision and Administration Commission (SASAC) emphasizes focusing on core responsibilities [3].

Group 1 - Dongfeng Motor Group has signed a comprehensive strategic cooperation agreement with Huawei, marking a significant upgrade in their strategic collaboration and an important step towards high-end, intelligent, and global development for Dongfeng [2][3] - Huawei will empower all brands under Dongfeng Motor Group, not just a few, addressing the software gap and enhancing the competitiveness of products across various sectors, including commercial vehicles [3][4] - The cooperation aims to create a smart product matrix for brands like Dongfeng Lantu, Dongfeng Warrior, Dongfeng Yipai, and Dongfeng Nissan, with potential expansion into the commercial vehicle sector [3] Group 2 - Despite the positive news from the partnership, Dongfeng's stock price initially rose but later fell due to concerns over performance in the automotive sector following a promotional wave from a leading competitor [3][4] - Dongfeng has been actively pursuing anti-corruption measures, which may enhance organizational efficiency and competitiveness [5][7] - The company has shown progress in its restructuring efforts and is expected to improve its performance by 2025, with a focus on self-reliance and innovation [7][39] Group 3 - In 2024, Dongfeng Motor Group reported a revenue of 106.197 billion RMB, a year-on-year increase of 6.86%, while other income surged by 68.6% to 7.016 billion RMB, largely due to government subsidies [23][21] - The company achieved a net profit of 58 million RMB in 2024, recovering from a net loss of 3.887 billion RMB in 2023, indicating a significant turnaround [16][21] - Dongfeng's sales volume in 2024 was 1.8959 million units, a decline of 9.2% year-on-year, marking the first time in a decade that annual sales fell below 2 million units [18][19] Group 4 - Dongfeng's self-owned brands, particularly Lantu, have shown stable sales performance, with a target of 200,000 units for 2025, while the overall market remains challenging [36][38] - The company is facing significant challenges with its joint ventures, particularly with Dongfeng Nissan and Dongfeng Honda, which have seen substantial declines in sales [29][35] - Dongfeng's cash reserves are approximately 100 billion RMB, providing a strong financial foundation for its self-owned business development [39]

Core Viewpoint - Dongfeng Motor Group and Huawei have signed a comprehensive strategic cooperation agreement to enhance collaboration in automotive intelligence, enterprise digitalization, and ecosystem development, marking a significant upgrade in their partnership and a step towards Dongfeng's high-end, intelligent, and global strategy [1][3][5]. Group 1: Strategic Cooperation - The partnership aims to leverage Huawei's leading ICT solutions to support Dongfeng's automotive intelligence initiatives, addressing the competitive landscape of the automotive industry [3][15]. - Dongfeng's extensive experience in vehicle R&D, production, and sales will complement Huawei's technological strengths in cloud computing, AI, and big data, facilitating joint innovation in key areas such as intelligent driving and smart cockpit technologies [5][6][15]. - The collaboration includes plans to establish joint innovation laboratories focusing on software development and AI applications for automotive solutions [5][8]. Group 2: Market Positioning and Product Development - The cooperation will involve Dongfeng's various brands, including Dongfeng Lantu and Dongfeng Nissan, to create a diverse product matrix that meets global market demands [6][10]. - The partnership is seen as a proactive response to industry changes, aiming to break through market bottlenecks and enhance global competitiveness for Dongfeng [7][10]. - Dongfeng's Lantu brand has already shown promising results in the high-end electric vehicle market, indicating potential for increased profitability through collaboration with Huawei [10][15]. Group 3: Broader Industry Trends - The collaboration reflects a broader trend among major Chinese automotive state-owned enterprises, such as FAW and Changan, to partner with Huawei for technological advancements in smart and electric vehicles [10][15]. - The strategic alliance is expected to accelerate product iteration and enhance marketing strategies, ultimately improving brand influence and supply chain management for the participating companies [15].

Core Viewpoint - In 2023, the company reported a loss of 3.996 billion yuan, marking its first loss since going public. The company is expected to improve under new shareholders, a new board, and new executives, focusing on capacity utilization, self-owned brand ratio, and per-vehicle profit recovery [1][5]. Event Summary - The company announced a potential change in its controlling shareholder, as Dongfeng Motor Group is planning a restructuring with other state-owned enterprises [1]. - The company reported a total vehicle sales of 1.8959 million units from January to December 2025, a year-on-year decrease of 9.2%. The parent company, Dongfeng Motor Group, achieved a total sales of 2.4806 million units, a year-on-year increase of 2.5% [1]. Financial Performance - In 2023, the company generated revenue of 100.2 billion yuan, a year-on-year increase of 6.49%, but faced a loss of approximately 3.996 billion yuan due to declines in joint venture sales and price reductions. In the first half of 2024, revenue reached 51.914 billion yuan, a year-on-year increase of 12.20%, with a net profit of 684 million yuan, down 47.95% year-on-year [1][2]. Business Strategy - The company is implementing a "4+2" business model and a "1+N" R&D system to deepen reforms. The four major self-owned business segments include passenger vehicles, commercial vehicles, components, and financial services, while the two joint venture segments focus on Dongfeng Nissan and Dongfeng Honda [2]. - The company aims to enhance operational capabilities through integrated management of self-owned brands and the establishment of a commercial vehicle division to promote new energy commercial vehicles [2]. Sales Growth - In 2024, the company achieved its first positive sales growth in three years, with total sales of 2.4806 million units, a year-on-year increase of 2.5%. The self-owned brand sales are expected to reach 1.37 million units, a year-on-year increase of 34.4%, and new energy vehicle sales are projected to be around 860,000 units, a year-on-year increase of 70.9% [4]. Management Changes - The management changes began in 2023, with new leadership expected to drive operational improvements in 2024. The restructuring planned for 2025 is anticipated to accelerate the company's transformation and improve operational quality [4][5].

Group 1 - Dongfeng's export of complete vehicles reached 55,000 units in the first quarter, representing a year-on-year increase of 5.8% [1] - The export volume of new energy vehicles surged by 138% year-on-year [1] - Dongfeng's models, such as Lantu and Nano, have become prominent in European markets, with DONG FENG BOX topping the sales chart for Chinese brands in the Netherlands for two consecutive months [1]