Our parent company, Dongfeng Motor Co., Ltd., formerly known as the second Automobile Factory, was established in September 1969.
In 2000, Dongfeng Motor Company carried out debt restructuring and established the company together with China Huarong Asset Management Corporation, China Cinda Asset Management Corporation, China Oriental Asset Management Corporation, China Great Wall Asset Management Corporation and China Development Bank. On May 18, 2001, the company was incorporated.
In 2004, the Company changed into a joint stock limited company after repurchasing the shares held by all shareholders except Dongfeng Motor Company. On December 6, 2005, the Company issued H shares overseas for the first time and implemented over-allotment on December 13, 2005. as a result, the total share capital of the Company was expanded to 8616120000 yuan, of which domestic shares were 5760388000 yuan, accounting for about 66.86%; and H shares were 2855732000 yuan, accounting for about 33.14%.
As at 31 December 2014, the Company has 23 major subsidiaries, jointly controlled entities and other companies with direct equity interests, forming Dongfeng Motor Group. Dongfeng Automobile Group is mainly engaged in the production and sales of commercial vehicles, passenger vehicles and automotive engines and parts, equipment manufacturing business, financial business and other business related to automobiles.
On 26 March 2014, the Company signed a master capital increase agreement with the French government, EPF, FFP and PSA, under which the Company will subscribe for shares issued by PSA to increase its capital reserves (523999995 euros) and rights issues (not exceeding approximately 276 million euros). The share subscription was completed on April 29, 2014. upon completion of the subscription, the Company held approximately 14.1% of the share capital of PSA.
According to the China Association of Automobile Manufacturers, Dongfeng Automobile Group had about 11.6% of the domestic market share in 2014, based on the total sales of domestic commercial and passenger vehicle manufacturers.
CEO： Yanfeng Zhu
Market： Hong Kong motherboard
Listing Date： 12/07/2005