Dongfeng Motor Corporation

Dongfeng Motor Group Co., Ltd. Dongfeng Motor Group Co., Ltd. (hereinafter referred to as the 'Company') is a backbone enterprise in the automotive industry directly managed by the central government, formerly known as the 'Second Automobile Works' founded in 1969. The Company undertakes the responsibility of building a powerful automotive nation and actively promotes the development of the automotive industry. Its industry position remains at the forefront. It produces and sells approximately 3.6 million vehicles annually, with annual sales revenue of around 600 billion yuan. In 2020, it ranked third in China's automotive industry and 100th in the Fortune Global 500. The industry chain and value chain are the most complete in the industry. Its main products cover high-end, mid-range, and economical segments, with business spanning commercial vehicles, passenger vehicles, military vehicles, new energy vehicles, and automotive parts, automotive equipment, and mobility services. Its business layout covers both domestic and international markets. Its main domestic operations are distributed across more than 20 cities including Wuhan, Shiyan, Chengdu, and Chongqing. It has established R&D and sales bases in Sweden, Russia, and other countries, and conducts global cooperation and collaboration with more than 10 international vehicle and parts companies. Its overseas market covers more than 80 countries worldwide. Its level of technological innovation ranks among the forefront of the industry. Four vehicle technology centers and three parts technology centers have been rated as 'National Enterprise Technology (Branch) Centers.' The annual investment in technology exceeds 17 billion yuan, and it has built world-class and domestic first-class product design and testing facilities. It has basically mastered 'bottleneck' technologies and resources, and holds over 10,000 authorized patents. It is accelerating strategic adjustments and transformation and upgrading. It actively responds to industry trends of lightweighting, electrification, intelligence, connectivity, and sharing, promotes the renewal of products, technologies, and brands, and transforms into a provider of mobility services and logistics solutions, achieving high-quality development. In the future, it is committed to building an excellent enterprise. The Company positions itself as an 'excellent enterprise providing comprehensive high-quality automotive products and services to users,' and has proposed phased goals of achieving 'three leads and one first' and planned a roadmap for building an excellent enterprise, contributing greater strength to meet customers' aspirations for a better automotive life and to build a powerful automotive nation.