Dongfeng Technology has announced that its indirect shareholder, Dongfeng Motor Corporation, has signed an agreement with Dongfeng Investment for an absorption and merger. Pursuant to this agreement, Dongfeng Investment will absorb and merge with Dongfeng Motor Corporation. Upon the completion of this merger, Dongfeng Investment will assume the role of an indirect shareholder in Dongfeng Technology. Notably, this merger is not anticipated to have a material impact on the company's controlling shareholder, actual controller, or its regular production and operational activities.
