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September 03, 2015 6:27 AM ET

Automobiles

Company Overview of Dongfeng Motor Group Company Limited

Company Overview

Dongfeng Motor Group Company Limited manufactures and sells commercial vehicles, passenger vehicles, and auto engines and parts in the People’s Republic of China. It provides commercial vehicles, including heavy trucks, medium trucks, light trucks, mini trucks and buses, and commercial vehicles engines; and passenger vehicles comprising sedans, MPVs, SUVs, and passenger vehicles engines. It also offers a range of auto parts for commercial and passenger vehicles, which include power transmission systems consisting of gear boxes, clutches, and transmission shafts; vehicle bodies comprising stamping parts; chassis, such as axles, car frames, and chassis parts; and electronic components and othe...

Special No. 1 Dongfeng Road

Wuhan Economic and Technology Development Zone

Wuhan,  430056

China

Founded in 1969

122,159 Employees

Phone:

86 27 8428 5274

Fax:

86 27 8428 5057

Key Executives for Dongfeng Motor Group Company Limited

President and Executive Director
Age: 52
Total Annual Compensation: $1.6M
Executive Director and Member of Remuneration Committee
Age: 54
Total Annual Compensation: $1.4M
Head of the Staff Relation Department
Total Annual Compensation: $586.0K
Compensation as of Fiscal Year 2014.

Dongfeng Motor Group Company Limited Key Developments

Dongfeng Motor Group Company Limited Announces Unaudited Consolidated Earnings Results for the Six Months Ended 30 June 2015

Dongfeng Motor Group Company Limited announced unaudited consolidated earnings results for the six months ended 30 June 2015. The company reported revenue of RMB 65,853 million, compared to RMB 32,537 million for the last year. Profit before taxes was RMB 8,028 million, compared to RMB 9,426 million for the last year. Net profit attributable to the owners of the company was RMB 6,885 million, compared to RMB 8,500 million for the last year. Diluted earnings per share were 79.91 cents, compared to 98.65 cents for the last year. Cash flow from operating activities was RMB 3,784 million, compared to cash flow used in operating activities of RMB 1,122 million for the last year. The return on net assets was approximately 17.9%, representing a decrease of 7.6 percentage points when comparing with approximately 25.5% of the corresponding period last year.

Dongfeng Motor and National Electric Vehicle Sweden AB Sign a Strategic Partnership Agreement

Dongfeng Motor and National Electric Vehicle Sweden AB signed a strategic partnership agreement on August 17, which showed that the two sides were to launch joint research and development of new energy vehicle technologies and cooperate in part procurement, dealer system construction and joint development of overseas markets. The company will support NEVS to build a new energy vehicle R&D and manufacturing base in Tianjin and support NEVS to modify models with independent brands so as to meet European rules and technical standards.

Dongfeng Motor Group Company Limited Approves Final Dividend for the Year Ended December 31, 2014, Payable on or About August 28, 2015

The board of directors of Dongfeng Motor Group Company Limited resolved to recommend a final dividend of RMB 0.20 per share for the year ended December 31, 2014. The 2014 final dividend will be distributed on or about August 28, 2015 to shareholders whose names appear on the register of members of the Company on July 7, 2015. The 2014 final dividend has been approved by the shareholders of the company at the annual general meeting held on June 19, 2015.

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To contact Dongfeng Motor Group Company Limited, please visit www.dfmg.com.cn. Company data is provided by Capital IQ. Please use this form to report any data issues.

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