Dongfeng Motor to Sell Its 50% Stake in Dongfeng Honda Engine JV

MT Newswires Live

2025/08/18

Dongfeng Motor Group (HKG:0489) is selling its 50% stake in Dongfeng Honda Engine Company, according to a filing on the Guangdong United Assets and Equity Exchange on Monday.

A reserve price has not been set yet, while the listing deadline is Sept. 12.

Dongfeng Honda Engine had assets of 5.4 billion yuan last year, with a loss of 227.8 million yuan and debts totaling 3.3 billion yuan, according to audited results included in the listing document.

The factory employs 827 workers, the filing showed.

Dongfeng Honda Engine, headquartered in Guangzhou, is a joint venture between Dongfeng Motor Group and Honda Motor (TYO:7267).

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