Potential Merger Between Dongfeng and Changan: Dongfeng Motor Confirms Compliance with Group Strategy
2025-02-10 / Read about 0 minute
Author:小编   

On February 9, Dongfeng Motor Corporation Limited and Dongfeng Electronic Technology Co., Ltd. jointly announced that their indirect controlling shareholder, Dongfeng Motor Group, was contemplating a restructuring initiative involving other state-owned central enterprises. This potential restructuring could result in a shift in the controlling shareholder, though it is emphasized that the actual controller will remain unchanged, and the company's day-to-day operations are not expected to be significantly affected. On the same day, Changan Automobile disclosed that its indirect controlling shareholder, China South Industries Group Corporation, was also contemplating a restructuring process.

Dongfeng Motor Corporation has stated that, at present, there are no additional details to share and that it will proceed in accordance with the unified strategic steps outlined by the group.