| Dongfeng Motor Group | |
| Trade Name: | DFG |
| Type: | Public |
| Isin: | CNE100000312 |
| Industry: | Automotive |
| Founder: | Dongfeng Motor Corporation |
| Hq Location: | Dongfeng Road |
| Hq Location City: | Wuhan, Hubei |
| Hq Location Country: | China |
| Area Served: | Worldwide |
| Num Employees: | 146,843 |
| Num Employees Year: | end 2017 |
| Production: | 2,900,000 (2021) [1] |
| Revenue Year: | 2017 |
| Net Income Year: | 2017 |
| Assets Year: | 2017 |
| Equity Year: | 2017 |
| Parent: | SASAC (via Dongfeng Motor Corporation) |
| Footnotes: | 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 created by the merger of Fiat Chrysler Automobiles and Groupe PSA). It also leased several trademarks from the parent company Dongfeng Motor Corporation since 2005.
Dongfeng Motor Group was ranked 550th in 2017 Forbes Global 2000 List.[3], the market capitalization of its H shares (about 33.15% of total share capital) was HK$24.931 billion.
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.[4] 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.[4] 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.[4]
In August 2004 Dongfeng Motor Group bought back all the stakes of Dongfeng Motor Group from other stakeholders, for a total of .[4] It also became a "company limited by shares" (analog of public limited company) in October 2004, with a new name Dongfeng Motor Group.[4] The company issued H share and became a listed company on 7 December 2005.[5] [6]
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]
| Name | Chinese name | Percentage | |
|---|---|---|---|
| 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 | |
| 东风柳州汽车有限公司 | 75 | ||
| Dongfeng Motor Finance | 东风汽车财务有限公司 | 100 | |
| China Dongfeng Motor Industry Import and Export | 中国东风汽车工业进出口有限公司 | ||
| Dongfeng Electrical Vehicle | 东风电动车辆股份有限公司 | 90.07 | |
| Dongfeng Off-road Vehicle | 东风越野车有限公司 | 100 | |
| Dongfeng (Shiyan) Special Purpose Commercial Vehicle | 东风（十堰）特种商用车有限公司 | 75.08 | |
| Dongfeng Peugeot Citroën Automobile Sales | 东风标致雪铁龙汽车销售有限责任公司 | 50 | |
| Dongvo (Hangzhou) Truck | 东沃(杭州)卡车有限公司 |
,[5] 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).