Dongfeng Automobile board approves asset disposal, adjusts 2025 investment plan

Dongfeng Automobile Company Limited's board of directors, at its seventeenth meeting of the seventh board, held on September 23, 2025, approved two key resolutions. All nine participating directors voted in favor of both proposals.

The first resolution approved the disposal of idle equipment assets from the company's Xiangyang Factory One-Plant Area. The second resolution concerned the adjustment of the company's 2025 annual investment plan. The board agreed to increase the investment outsourcing budget for the V7 Mingchuang vehicle model project by RMB 5,003, with a payment budget of RMB 1,470.

Following this adjustment, the company's total 2025 annual investment outsourcing budget now stands at RMB 100,119, with a 2025 annual investment payment budget of RMB 39,711. This investment plan adjustment requires further approval from the company's shareholders' meeting.