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