Dongfeng Automobile to hold 2025 half-year briefing, receives significant government grant
Dongfeng Automobile Co., Ltd. will host its 2025 half-year performance briefing on Friday, September 26, 2025, from 2 p.m. to 3 p.m. The briefing, accessible via "Value Online," will utilize video recording and online text interaction. Investors can submit questions in advance by September 26, 2025, through a provided URL or WeChat QR code. Key management, including chairman Zhang Xiaofan and general manager Duan Renmin, are expected to attend.
In a separate announcement on September 17, 2025, Dongfeng Automobile disclosed the receipt of a government grant totaling 39,000,000 yuan. This subsidy, which is related to income, accounts for 133.73% of the company's audited net profit attributable to shareholders for the year 2024.
The company stated that the government grant is related to its ordinary operations but is not sustainable. Classified as an income-related government subsidy under Accounting Standard No. 16 – Government Grants, this funding is expected to positively impact Dongfeng Automobile's profit for the year 2025. The final accounting treatment and impact on profit will be subject to confirmation by the auditing firm.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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