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Moomoo > Quotes > 00489 DONGFENG GROUP > Company Profile
00489 DONGFENG GROUP
4.070
-0.050-1.21%
Symbol
00489
Company Name
DONGFENG GROUP
ISIN
CNE100000312
Listing Date
12/07/2005
Establishment Date
05/18/2001
Registration
China
Chairman
Yanfeng Zhu
Secretary
Yingxin\yinyaoliang Yuan
Audit Institution
PricewaterhouseCoopers
Company Category
Mainland registration of Mainland State-owned Assets control
Registered Office
No. 1, Dongfeng avenue, Wuhan economic and technological development zone, Wuhan, Hubei province, china
Head Office and Principal Place of Business
5 / F, Manulife Plaza, 348 Kwun Tong Road, Kowloon, Hong Kong
Fiscal Year Ends
12-31
Employees
122061
Market
Hong Kong motherboard
Phone
852-29801618
Fax
852-22627818
Email
ir@dfmc.com.cn
Business
Dongfeng Automobile Group Co., Ltd. is a Hong Kong investment holding company mainly engaged in automobile-related business. The company operates through four departments. The commercial vehicle department manufactures and sells commercial vehicles and matching engines and other auto parts. Its commercial vehicles include trucks and passenger cars. The passenger car department manufactures and sells passenger cars and matching engines and other auto parts. Its passenger cars include basic passenger cars, sports multi-purpose vehicles (SUVs) and cross-type passenger vehicles. The financial sector mainly provides financial services. The company and other departments manufacture and sell other automobile-related products.
Profile
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.
Company Overview
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
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