DONGFENG GROUP (00489) Plans to Sell 50% Stake in Dongben Engine for RMB1.172 Billion

Stock News

2025/10/30

DONGFENG GROUP (00489) announced on October 30, 2025, that it intends to sell its 50% stake in Dongben Engine to GAC Honda for approximately RMB1.172 billion (equivalent to around HKD1.29 billion). Given the intensifying competition in China's automotive industry and in line with the group's strategic planning, the company has decided to optimize its fuel vehicle asset structure. The transaction will also accelerate DONGFENG GROUP's transition towards new energy vehicles.

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Given the intensifying competition in China's automotive industry and in line with the group's strategic planning, the company has decided to optimize its fuel vehicle asset structure. The transaction will also accelerate DONGFENG GROUP's transition towards new energy vehicles.</p>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1119","symbol_name":"汽車製造商","start_time":0,"source_url":"","article_id":"1107648657","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1107648657","pubTimestamp":1761828995,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"DONGFENG GROUP (00489) announced on October 30, 2025, that it intends to sell its 50% stake in Dongben Engine to GAC Honda for approximately RMB1.172 billion (equivalent to around HKD1.29 billion)....","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1119":"汽车制造商","BK1523":"武汉本地概念股","00489":"东风集团股份","BK1539":"汽车股"},"translate_title":"东风集团(00489)拟11.72亿元出售东本发动机50%股权","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00489":1},"content_text":"DONGFENG GROUP (00489) announced on October 30, 2025, that it intends to sell its 50% stake in Dongben Engine to GAC Honda for approximately RMB1.172 billion (equivalent to around HKD1.29 billion). 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