Dongfeng Automobile receives substantial government subsidy, boosting 2025 profit outlook

Dongfeng Automobile Co., Ltd. announced it received a government subsidy of 10,000,000 yuan on November 14, 2025. This income-related subsidy represents a significant boost, accounting for 34.29% of the net profit attributable to shareholders of listed companies as audited for 2024.

The company clarified that this government subsidy is linked to its daily operating activities but is not sustainable in nature. In accordance with Article 16 of the "Accounting Standards for Business Enterprises - Government Subsidies," the received funds are recognized as an income-related government subsidy.

This subsidy is expected to have a positive impact on Dongfeng Automobile's profit for 2025. However, the specific accounting treatment and the ultimate effect on the company's profits and losses for the current year will be subject to confirmation by the auditing institution's annual audit. Investors are advised to be aware of the investment risks.