Recent Advancements in the Restructuring of Changan and Dongfeng: Changan Automobile Emerges as an Autonomous Central Enterprise
3 week ago / Read about 0 minute
Author:小编   

Today, fresh developments have emerged regarding the rumors surrounding the potential restructuring of Dongfeng Motor Corporation and Changan Automobile Group. Dongfeng Motor Corporation has released an official statement clarifying that its controlling shareholder, Dongfeng Company, currently does not have any restructuring plans in place, and the company's production and operations remain unaffected. Concurrently, Changan Automobile has been successfully divested from its indirect controlling shareholder, China South Industries Group Corporation, transforming into an independent central automobile enterprise under the direct supervision of the State-owned Assets Supervision and Administration Commission of the State Council. This transformation is anticipated to have minimal impact on the ongoing production and operational activities of both Dongfeng Motor Corporation and Changan Automobile Group.