DFG | |||||
Formerly called
|
|
||||
public | |||||
Traded as |
|
||||
ISIN | CNE100000312 | ||||
Industry | Automotive | ||||
Founded | 18 May 2001 | ||||
Founder | Dongfeng Motor Corporation | ||||
Headquarters | Dongfeng Road, Wuhan, China | ||||
Brands | |||||
Revenue | CN¥122.422 billion (2016) | ||||
Profit | CN¥ | 13.355 billion (2016)||||
Total assets | CN¥184.959 billion (2016) | ||||
Total equity | CN¥ | 96.650 billion (2016)||||
Owner | Dongfeng Motor Corporation (66.86%) | ||||
Parent | Dongfeng Motor Corporation | ||||
Website | www |
||||
Footnotes / references in consolidated financial statement; joint ventures were consolidated by equity method |
Dongfeng Motor Group Co., Ltd. | |||||||
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 | ||||||
|
|||||||
Dongfeng Group | |||||||
Simplified Chinese | 东风集团 | ||||||
Traditional Chinese | 東風集團 | ||||||
|
Transcriptions | |
---|---|
Transcriptions | |
---|---|
Dongfeng Motor Group Co., Ltd. known also as DFG is a Chinese holding company based in Wuhan, Hubei Province. Its H shares were listed on the .
Dongfeng Motor Group formed several joint ventures with other foreign automobile maker, namely Honda, Renault-Nissan and Peugeot Citroën. It also lease several trademarks from the parent company Dongfeng Motor Corporation since 2005.
Dongfeng Motor Group was ranked 550th in 2017 Forbes Global 2000 List. The market capitalization of its H shares (about 33.15% of total share capital) was HK$26.358 billion as at 30 June 2017.
Dongfeng Motor Group (at that time 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. 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. 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.