Dongfeng Motor Group

Chinese automotive holding company

Not to be confused with Dongfeng Motor Co., Ltd., a joint venture.

Not to be confused with Dongfeng Automobile Company, associate company.

Not to be confused with Dongfeng Motor Corporation, the parent company.

Dongfeng Motor Group

Trade name

| DFG
Formerly|

* Dongfeng Motor Co., Ltd.
* Dongfeng Automobile Industry Investment Co., Ltd.

Company type| Public

Traded as

| | unlisted| (A share)

|

SEHK: 489| (H share)
ISIN| CNE100000312
Industry| Automotive
Founded| 18 May 2001; 24 years ago (2001-05-18)
Founder| Dongfeng Motor Corporation
Headquarters| Dongfeng Road,

Wuhan, Hubei

China

Area served

| Worldwide

Production output

|  2,900,000 (2021) [1]
Brands|

* Dongfeng Liuzhou Motor
* Dongfeng Fengshen
* Dongfeng Mengshi

Revenue|  CN¥125.016 billion (2017)

Net income

|  CN¥014.063 billion (2017)
Total assets|  CN¥212.492 billion (2017)
Total equity|  CN¥108.201 billion (2017)

Number of employees

| 146,843 (end 2017)
Parent| SASAC (via Dongfeng Motor Corporation)
Chinese name
Simplified Chinese| 东风汽车集团股份有限公司
Traditional Chinese| 東風汽車集團股份有限公司
Literal meaning| Dongfeng Motor Group Joint-stock Limited Corporation
| Transcriptions

Standard Mandarin
Hanyu Pinyin| Dōngfēng Qìchē Jítuán Gǔfèn Yǒuxiàn Gōngsī
Chinese short name
Simplified Chinese| 东风集团
Traditional Chinese| 東風集團
Literal meaning| Dongfeng Group
| Transcriptions

Standard Mandarin
Hanyu Pinyin| Dōngfēng Jítuán
Website| www.dfmg.com.cn
Footnotes / references
in consolidated financial statement; financial figure of the joint ventures were consolidated by equity method;[2] figure of production volume are including joint ventures

Dongfeng Motor Group Co., Ltd., doing business as DFG, is a Chinese holding company based in Wuhan, Hubei. Its H shares were listed on the Hong Kong stock exchange.

Dongfeng Motor Group formed several joint ventures with other foreign automobile makers, namely Luxgen, Honda, Renault-Nissan and Stellantis (which was created by the merger of Fiat Chrysler Automobiles and Groupe PSA). It has also leased several trademarks from the parent company Dongfeng Motor Corporation since 2005.[3]: 41

Dongfeng Motor Group was ranked 550th in 2017 Forbes Global 2000 List.[4] As of 30 April 2018[update], the market capitalization of its H shares (about 33.15% of total share capital [3]: 166 ) was HK$24.931 billion.[5]

## History

[edit]

Dongfeng Motor Group (then known as Dongfeng Motor Co., Ltd.) was incorporated on 18 May 2001 as a special purpose vehicle for debt-to-equity swap of Dongfeng Motor Corporation.[6]: 89  The other shareholders were fellow state-owned financial companies China Huarong Asset Management, China Cinda Asset Management, China Orient Asset Management, China Great Wall Asset Management and China Development Bank for a total of 42.86% stake.[6]: 89  In 2003, [new] Dongfeng Motor Co., Ltd. was incorporated as a joint venture of Dongfeng Motor Group and Nissan. Dongfeng Motor Group, at that time still known as [old] Dongfeng Motor Co., Ltd., was renamed to Dongfeng Automobile Industry Investment.[6]: 89

In August 2004 Dongfeng Motor Group bought back all the stakes of Dongfeng Motor Group from other stakeholders, for a total of CN¥4.6 billion.[6]: 98  It also became a "company limited by shares" (Chinese: 股份有限公司, analog of public limited company) in October 2004, with a new name Dongfeng Motor Group.[6]: 99  The company issued H share and became a listed company on 7 December 2005.[3][5]

In 2014 the plan to establish Dongfeng Commercial Vehicle was approved by the National Development and Reform Commission. It would acquire some business and assets from the joint venture Dongfeng Motor Co., Ltd. In turn Volvo acquired 45% stake of Dongfeng Commercial Vehicle from Dongfeng Motor Group. At the same time Dongfeng Nissan Diesel Motor would be a wholly owned subsidiary of Dongfeng Commercial Vehicle.[7] In January 2015, Dongfeng Commercial Vehicle was established.[8]

## Subsidiaries

[edit]

As of 24 December 2023 [3]: 2
Name | Chinese name | Percentage

|
|

Voyah Automotive Technology Co., Ltd. | 岚图汽车科技有限公司 | 55
Dongfeng Motor Group Co., Ltd. Mengshi Automotive Technology Co., Ltd. | 东风汽车集团股份有限公司猛士汽车科技公司 | 55
Dongfeng Commercial Vehicle | 东风商用车有限公司 | 55[3]: 150
Dongfeng Liuzhou Motor | 东风柳州汽车有限公司 | 75[3]: 150
Dongfeng Motor Finance | 东风汽车财务有限公司 | 100[3]: 150
China Dongfeng Motor Industry Import and Export | 中国东风汽车工业进出口有限公司 | [3]: 150
Dongfeng Electrical Vehicle | 东风电动车辆股份有限公司 | 90.07[3]: 150
Dongfeng Off-road Vehicle | 东风越野车有限公司 | 100[3]: 150
Dongfeng (Shiyan) Special Purpose Commercial Vehicle | 东风（十堰）特种商用车有限公司 | 75.08[3]: 150
Dongfeng Peugeot Citroën Automobile Sales | 东风标致雪铁龙汽车销售有限责任公司 | 50[3]: 150
Dongvo (Hangzhou) Truck | 东沃(杭州)卡车有限公司 | [3]: 150

* Dongfeng (Wuhan) Engineering Consulting
* Dongfeng Motor Investment (Shanghai)
* Dongfeng Getrag Automobile Transmission
* Honda Motor (China) Investment

## Divisions

[edit]

As of 31 December 2016 [3]: 2

* Dongfeng Passenger Vehicle Company
* Dongfeng Research & Development Centre

## Joint ventures

[edit]

As of 27 August 2018

* Dongfeng Motor Co., Ltd. (50%)[9]
* Zhengzhou Nissan Automobile (79.65%)[10]
* Dongfeng Automobile Co., Ltd. (60.1%)[9]
* Dongfeng Cummins Engine (50%)[9]
* Dongfeng Honda Automobile (50%)[3]: 153
* Dongfeng Honda Engine (50%)[3]: 153
* Dongfeng Honda Auto Parts (44%)[3]: 153
* Dongfeng Peugeot-Citroën Automobile (50%)[3]: 153
* Dongfeng Peugeot-Citroën Finance (50%)[3]: 153
* Dongfeng Renault Automobile (50%)[3]: 153
* Dongfeng Daewoo ECC (50%)[11]
* Dongfeng Ajin Industrial Co., Ltd. (50%)[12]

## Equity interests

[edit]

As of 31 December 2016

* Dongfeng Nissan Auto Finance (35%)[3]: 157
* Stellantis (3.17%)[13]
* Wuhan Lear-DFM Auto Electric (25%)[3]: 157

## Shareholders

[edit]

As of 31 December 2016[update],[3]: 22  Dongfeng Motor Corporation is the largest shareholder for 66.86% shares. It was followed by Standard Chartered (2.81%), Prudential plc (2.64%), BlackRock (2.00%) and Edinburgh Partners (1.78%), all were H share owners and acted as investment managers (trustees).

## References

[edit]

1. ^ "Autoline Daily". Retrieved 3 March 2022.
2. ^ "2017 Annual Report" (PDF). Dongfeng Motor Group. 27 April 2018. Retrieved 12 May 2018 – via Hong Kong Exchanges and Clearing website.
3. ^ a b c d e f g h i j k l m n o p q r s t u v w "2016 Annual Report" (PDF). Dongfeng Motor Group. 27 April 2017. Archived (PDF) from the original on 28 July 2017. Retrieved 28 July 2017.
4. ^ "Dongfeng Motor Group on the Forbes Growth Champions List". forbes.com. Archived from the original on 2 September 2017. Retrieved 25 April 2018.
5. ^ a b "List of H Share Companies (Main Board)". Hong Kong Stock Exchange. 30 April 2018. Retrieved 12 May 2018.
6. ^ a b c d e Prospectus. Dongfeng Motor Group. 24 November 2005. Archived from the original on 29 July 2017. Retrieved 29 July 2017.
7. ^ "东风汽车集团股份有限公司和沃尔沃集团重组东风商用车业务项目通过核准" (Press release) (in Chinese). National Development and Reform Commission. 7 January 2014. Archived from the original on 29 July 2017. Retrieved 29 July 2017.
8. ^ "Dongfeng Commercial Vehicles Co., Ltd. Joint Venture Officially Established" (Press release). Dongfeng Motor Group. 28 January 2015. Archived from the original on 2 August 2017. Retrieved 30 July 2017.
9. ^ a b c "2016 Annual Report" (PDF) (in Chinese). Dongfeng Automobile Co., Ltd. 15 April 2017. Archived (PDF) from the original on 28 July 2017. Retrieved 28 July 2017.
10. ^ "关于转让控股子公司郑州日产股权的关联交易公告" (PDF) (in Chinese). Dongfeng Automobile Company. 1 June 2017. Archived (PDF) from the original on 28 July 2017. Retrieved 28 July 2017.
11. ^ "아진산업(주)-대우전자부품(주), 중국 2위 동풍자동차그룹과 합자기업 설립의향서 체결". www.ytn.co.kr (in Korean). 21 November 2017. Retrieved 2018-10-16.
12. ^ "Ajin Industrial to set up joint company with Dongfeng Industrial - MarkLines Automotive Industry Portal". www.marklines.com. 4 July 2018. Retrieved 2018-10-16.
13. ^ "Stellantis N.V. (formerly Fiat Chrysler Automobiles N.V.) Annual Report and Form 20-F for the year ended December 31, 2020" (PDF). Stellantis. 4 March 2021. p. 6.

## External links

[edit]

* Official website

* v
* t
* e

Dongfeng Motor Corporation

Dongfeng Motor Group
(66.86%)|

| Subsidiaries|

* Dongfeng Liuzhou Motor

|

Joint ventures|

* Dongfeng Honda (50%)
* Dongfeng Nissan (50%)
* Dongfeng Automobile Company
* Zhengzhou Nissan
* Dongfeng Peugeot-Citroën (50%)
* Dongfeng Renault (50%)
* Dongvo (50%)

Marques|

* Aeolus
* Nammi
* Venucia1
* Voyah

Joint ventures|

* Dongfeng Xiaokang (50%)
* Dongfeng Yueda Kia (25%)
* Dongfeng Yulon (50%)

Current
Dongfeng
vehicles|

| Cars|

* A60
* E70
* E1
* EX1
* Jingyi S50
* L60
* T1
* Yixuan
* Yixuan Max

|

Pickup trucks/Utilities|

* C-Series Truck (C31/C32/C51/C52/EC31)
* K-Series Truck (K01/K02/K02L)
* Rich
* Supercab
* Z9
* Z9 GE

SUVs/Crossovers|

* 580
* E3
* Fengon 500
* AX3
* Aeolus AX4
* AX5
* AX7
* iX5
* iX7
* Jingyi X3
* Jingyi X5
* Jingyi X6
* MX3
* MX5
* MX6
* S560
* T5
* T5L
* T5 Evo

Vans|

* 330
* 330S
* 350
* 360
* 370
* S370
* C-Series Van (C35/C36/C37/EC35/EC36)
* CM7
* F600
* Gelora
* K-Series Van (K05/K07/K05S/K07S)
* Lingzhi
* S500
* Succe
* SX6
* Yufeng

Commercial trucks|

* Captain
* Captain N300
* Dolica
* EQ-Series
* 2102
* 240/2081
* 245/2100
* Furuika
* Kingland
* Kingrun
* T-Lift
* Xiaobawang

Buses|

* EQ611HEV
* Golden Lotus
* Green Lotus

Off-road|

* Mengshi
* Warrior M18

Concept Mengshi vehicles|

* M-Terrain Sport

Current Venucia vehicles|

* D60
* e30
* M50V
* T60
* T70
* T90
* V-Online
* Xing

Current Voyah vehicles|

* Chasing Light
* Free
* Dreamer

Current Seres vehicles|

* SERES 3 / iX3
* SERES 5 / SF5
* SERES 7 / SF7

Discontinued models|

* A9
* H30
* H30 Cross
* A30
* Jingyi Cross
* Jingyi MPV
* Little Prince
* LZ-Series
* S30
* Oting
* V-Series (V07S/V21/V26/V27/V29)
* Venucia D50
* Venucia R30
* Venucia R50
* R50X
* Venucia T70X

Concept Voyah models|

* i-Land
* i-Free
* H53

* 1A brand of Dongfeng Nissan

* Category

* v
* t
* e

Automotive industry in China

* Automotive industry
* Economy of China
* Transport in China

Chinese
vehicle
manufacturers|

| Current|

* Aiways
* Aoxin
* BAIC Group
* Arcfox
* BAIC BluePark
* Stelato
* BAW
* Foton
* Yinxiang Group
* Baoneng Motor
* BeiBen
* BeyonCa
* Brilliance Auto Group
* Brilliance
* Jinbei
* SWM
* BYD Company
* BYD
* Denza
* Fangchengbao
* Songsan
* Yangwang
* Changan
* Avatr
* Deepal
* CHTC Motor
* Bonluck Bus
* Chery
* C&C Trucks
* Cenntro
* Exeed
* Exlantix
* iCar
* Jaecoo
* Jetour
* Kaiyi
* Karry
* Lepas
* Luxeed
* Omoda
* Rely
* Soueast
* Wanda Bus
* CNJ
* Dayun Group
* Dayang
* Dayun
* Yuanhang
* Dial EV
* Dongfeng
* DFAC
* Dongfeng Motor Group
* Dongfeng Liuzhou
* Forthing
* Dongfeng Fengshen
* Dongfeng Nammi
* Dongfeng Nengdi
* Dongfeng Xiaokang
* M-Hero
* Voyah
* FAW
* Bestune
* FAW Bus and Coach
* FAW Car
* FAW Jiefang
* Hongqi
* Fujian Motors
* King Long
* Golden Dragon
* Higer Bus
* GAC
* Aion
* Hyptec
* Denway
* GAC Bus
* Trumpchi
* Geely
* CAMC
* Farizon
* Tangjun Ou Ling
* Geely Auto
* Geely Galaxy
* Lynk & Co
* Zeekr
* Lifan
* Livan
* Radar
* GWM
* Changzheng
* Confidence
* Haval
* Ora
* Tank
* Wey
* GreenWheel EV
* Grove
* Haima
* Hawtai
* Heibao
* Henrey
* Hozon
* JAC
* Ankai
* Maextro
* Sehol
* Jiangling Investment
* JMC
* JMC Heavy Duty Vehicle
* JMC Yusheng
* Jiangling Motor Holding
* Jintan Auto Group
* JMCG
* Jingma Motor
* Jonway
* Joylong
* JuneYao Auto
* Yudo Auto
* Kandi
* Kawei
* Kingstar
* Leapmotor
* Lichi
* Li Auto
* Lishan Bus
* Mudan Auto
* Min'an Electric
* Nanjing Golden Dragon Bus
* Skyworth Auto
* Nio
* Firefly
* Onvo
* Qingling
* Qingyuan Auto
* Rox Motor
* SAIC
* IM Motors
* Maxus
* MG
* Rising Auto
* Roewe
* Sunwin
* SG
* China Flxible
* Huanghai Bus
* Shacman
* Shandong Huoyun
* Sinotruk
* Sinotruk (Hong Kong)
* Seres Group
* Seres
* AITO
* Seres Hubei
* Suda
* Sunlong Bus
* Techrules
* Tengzhong
* Thunder Power
* Wanshan
* Wanxiang
* Weichai
* Weltmeister
* WindBooster
* Wuzheng
* Wuzhoulong
* Xiaomi Auto
* Xinkai
* XPeng
* Foday
* Yaxing
* YTO Group
* Yutong
* Zhongtong
* Zotye
* Jiangnan Automobile
* ZX Auto

|

Former|

* Baolong
* Bordrin
* Borgward Group
* Byton
* Chang Jiang EV
* Changfeng
* Changhe
* Changzhou Changjiang Bus
* Ciwei
* Dadi
* Dongfeng Fengxing Jingyi
* Dorcen
* Emgrand
* Enovate
* Etsong
* EuAuto Technology
* Evergrande New Energy Auto
* Hengchi
* FAW Jilin
* Tianjin FAW
* Geely Geometry
* Gonow
* Hafei
* Hanteng
* Hunkt
* Huali
* Huaxiang Fuqi
* Huayang
* Human Horizons
* HiPhi
* Huoyun
* Hycan
* JMCGL
* JTC
* Jidu
* Ji Yue
* Landwind
* Levdeo
* Yema
* Maple/Shanghai Maple
* Nanjing
* Niutron
* Oshan
* Polarsun
* Qiantu
* Qoros
* Rayttle
* Riich
* Senova
* Shengyang Shenfei
* Shuanghuan
* Red Star
* Singulato
* Sinogold
* SiTech
* Gyon
* Soar
* Tiger Truck
* Wanfeng
* Weiwang
* Yangcheng Auto
* Yangtse
* Youngman
* Youxia Motors
* Zedriv

Sino-foreign
joint venture
vehicle
manufacturers|

| Current|

* Beijing Benz
* Beijing Hyundai
* BMW Brilliance
* Zinoro
* Changan Ford
* Changan Mazda
* Chery Jaguar Land Rover
* Dongfeng Honda
* Ciimo
* Dongfeng Nissan
* Infiniti
* Venucia
* Dongfeng Peugeot-Citroën
* Fukang
* Hedmos
* Dongfeng Yueda Kia
* FAW-GM
* FAW Toyota
* FAW-Volkswagen
* Jetta
* Fujian Benz
* GAC Commercial Vehicle
* GAC Toyota
* GAC Honda
* Everus
* Jiangxi Isuzu
* JMEV
* Mobilize
* Naveco
* Renault Brilliance Jinbei
* Huasong
* Jinbei
* SAIC-GM
* SAIC-GM-Wuling
* Baojun
* Wuling
* SAIC Hongyan
* SAIC Volkswagen
* SDLG
* Spotlight Automotive
* Volkswagen Anhui

|

Former|

* Dongvo
* Changan Ford Mazda
* Changan PSA
* Changan Suzuki
* Changzhou Iveco
* Dongfeng Fengdu
* Dongfeng Renault
* Dongfeng Yulon
* Europestar
* GAC Fiat Chrysler
* GAC Mitsubishi
* Guangzhou Peugeot
* JAC Volkswagen
* Leahead
* Nanjing Fiat
* Ranz
* Sanjiang Renault
* Shenfei Hino
* Silk-FAW

Subsidiaries of
foreign
companies|

* Honda Automobile (China)
* Lexus (Shanghai) New Energy
* Tesla China (Giga Shanghai)
* Volkswagen Group China

Other|

* Plug-in electric vehicles in China
* Auto China
* Auto Guangzhou
* Auto Shanghai
* Automechanika
* China Association of Automobile Manufacturers
* TJ Innova
* Wanxiang
* Weichai Power
* Zhongsheng

N.B. Only companies and organisations from Mainland China and Hong Kong are included

* Category

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