Dongfeng Motor Group Company Limited
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.- CEO
- Qing Yang
- Full Time Employees
- 109,330
- Sector
- Consumer Cyclical
- Industry
- Auto - Manufacturers
- Address
- Special No. 1 Dongfeng Road Wuhan People's Republic of China
- IPO Date
- Jun 24, 2008
- Website
- dfmg.com.cn
- Similar Companies
- Business
- Dongfeng Motor Group Company Limited Dongfeng Motor Group Company Limited (DNFGF) manufactures and sells a comprehensive range of commercial vehicles, passenger vehicles, new energy vehicles, engines, automotive parts, and related financial services; its commercial vehicle portfolio includes light, medium, and heavy-duty trucks, buses, pickup trucks, and specialized vehicles through subsidiaries such as Dongfeng Commercial Vehicle Co., Ltd., Dongfeng Special Commercial Vehicle Co., Ltd., and Dongfeng Liuzhou Motor Co., Ltd.; passenger vehicles encompass sedans, SUVs, MPVs, and mini vehicles via Dongfeng Passenger Vehicle Company and joint ventures including Dongfeng Honda Co., Ltd., Dongfeng Nissan, and Dongfeng Peugeot-Citroën; new energy offerings feature electric, hybrid, and extended-range models under brands like M-Hero (luxury off-road), Voyah (high-end), Aeolus (mid-range), eπ (premium EV), Nammi (economical), and Forthing, with military vehicles such as Dongfeng Mengshi off-roaders; the company also provides auto finance services including retail financing, dealer inventory financing, and aftermarket support through entities like Dongfeng Auto Finance Co., Ltd.. Headquartered in Wuhan, Hubei Province, China, and founded in 1969 as the predecessor Second Automobile Manufacturing Plant, Dongfeng Motor Group operates production facilities across more than 20 Chinese cities including Shiyan, Xiangyang, Guangzhou, Liuzhou, and Chengdu, with overseas R&D in Sweden and sales in over 100 countries; it maintains joint ventures with global partners like Nissan, Honda, Volvo, and Stellantis (holding a 1.58% stake), and holds a leading position as one of China's "Big Four" state-owned automakers with a vehicle production capacity of approximately 3.85 million units.. In recent developments, the company pursues aggressive electrification through its "Dongfeng Rising" initiative targeting 1 million new energy vehicle sales by 2025, divesting internal combustion engine assets like its 50% stake in Dongfeng Honda Engine Co. to fund EV growth, and planning an IPO for luxury EV brand Voyah on the Hong Kong Stock Exchange alongside delisting its own Hong Kong shares via a share distribution and absorption merger offering shareholders a 129% premium; it deepened Middle East expansion with a 2025 strategic pact with Saudi Arabia's Universal Motors Agencies (UMA) for nearly 10,000 vehicles and tailored models, established a 60:40 joint venture with Nissan for vehicle exports including the N7 and Frontier Pro PHEV, launched the Yijing brand with Huawei under "Huawei Inside" mode, formed a RMB 8.47 billion JV with Huawei and local entities for M-Hero off-road SUVs integrating Harmony Cockpit, injected capital into Landtu Motors for high-end NEV development, and restructured eπ Technology Ltd. to unify Aeolus, eπ, and Nammi brands with independent R&D and sales..
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