From:Internet Info Agency 2026-02-12 07:16:21
Dongfeng Motor Group Co., Ltd. recently announced on the Hong Kong Stock Exchange that its privatization plan has achieved significant progress. According to the announcement, as of the date of the joint announcement, all conditions precedent for the proposed privatization—through a scheme of arrangement whereby Dongfeng Motor Group (Wuhan) Investment Co., Ltd. would absorb and merge with Dongfeng Motor Group, simultaneously distribute shares of Voyah Automotive, and delist the company from the stock exchange—have been fully satisfied. This marks the removal of key hurdles for the privatization transaction, which will now proceed as planned.

NIO ES9 Nears 10,000 Deliveries Within a Month of Launch; Pricing, Specs, and Delivery Plan Revealed
Xpeng Mona L03 All-Electric Coupe SUV Spotted; Filed with MIIT
Eight Legacy Automakers Permanently Lose Production Licenses, Exit China Market
China's Top 10 Passenger Vehicle Sales in May 2026 Feature No Fuel-Powered Cars for the First Time
China Unveils First Mandatory National Standard for L3/L4 Autonomous Driving, Effective July 2027
Leapmotor Unveils 2027 C-Series Models, Focused on Refined Details and Platform Upgrades
Porsche Halts Production of Two Taycan Wagon Models Amid Slumping Sales
Chinese Automakers Accelerate Acquisitions and Factory Builds to Seize European Market Window