Dongfeng Group Co., Ltd. (00489) announced that on April 17, 2024, Dongfeng Motor Group Co., Ltd., the controlling shareholder of the company, acquired 3.16 million H shares of the company at an average price of HK$2.77 through the Hong Kong Stock Connect Pipeline. Following this increase in holdings, Dongfeng Motor Company's direct and indirect holdings of the company increased to 6.078 billion shares on the date of this announcement, accounting for about 73.40% of the total number of shares issued. Among them, it held 5.76 billion domestic shares, accounting for about 69.56% of the total shares issued by the company, and 318 million H shares of the company, accounting for about 3.84% of the total shares issued by the company.
Based on confidence in the company's prospects and recognition of its long-term investment value, Dongfeng Motor will continue to increase its H share holdings in due course.