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Dongfeng Capital's restructuring has been implemented
Wallstreetcn·- On March 9, Dongfeng Motor Group's shareholders approved a proposal for privatization and listing its Lantu Motors on the Hong Kong stock exchange. - This strategic move separates traditional and new energy segments, addressing the low valuations of state-owned car enterprises on the Hong Kong market. - Dongfeng’s plan enables full state control while allowing Lantu to operate independently, potentially reshaping the capital efficiency of state-owned automobile enterprises.The national automotive team fights a desperate battle
Wallstreetcn·- Dongfeng Motor Group has reported strong sales for several of its brands in January, including a 145% increase in deliveries for Dongfeng Yipai. - The company aims to achieve a total sales target of 3.25 million vehicles this year, amid challenges such as rising material costs and subsidy reductions. - Dongfeng plans significant product advancements by 2026, including new partnerships with Huawei, to enhance its technological competitiveness and adapt to changing market demands.