Recently, Luxgen Motors Technology Co., Ltd. underwent significant industrial and commercial alterations. The initial shareholders, Jiangxi Ganfeng Lithium Co., Ltd., and Dongfeng Bank of Communications Yuanjing Automotive Industry Equity Investment Fund (Wuhan) Partnership, have exited, while Dongfeng Asset Management Co., Ltd. has joined as a new shareholder. Consequently, the company's registered capital has surged from approximately 3.09 billion yuan to roughly 3.67 billion yuan, marking a nearly 19% increase. In parallel, the company's senior management team has also undergone changes.

Luxgen Motors Technology Co., Ltd., founded in June 2021 with You Zheng as its legal representative, specializes in the sales of new energy vehicles and conducts engineering and technical research. The company is jointly owned by Dongfeng Motor Corporation Limited and Wuhan Woya Enterprise Management Consulting Partnership, among others.