Dongfeng Group Co., Ltd. (00489.HK): Dongfeng Asset Management injected 1 billion yuan in additional capital into Lantu Automotive.

date
17/07/2025
Zhongtong Financial APP news, Dongfeng Group shares (00489.HK) announced that on July 16, 2025, the company and Dongfeng Asset Management and Lantu Automobile (the company's non-wholly-owned subsidiary, as of the date of this announcement, the company holds approximately 78.88% of its equity) and other existing shareholders of Lantu Automobile have entered into a capital increase agreement, including Dongfeng Asset Management investing 1 billion RMB in Lantu Automobile to subscribe to approximately 94,966,761 RMB of Lantu Automobile's registered capital.