Dongfeng Automobile adjusts 2025 related-party transaction forecasts

Dongfeng Automobile Co., Ltd. announced adjustments to its 2025 estimated routine related-party transactions, approved at the seventh board of directors' twentieth meeting on December 15, 2025. This decision, following a preliminary review by independent directors on December 11, 2025, reflects the company's actual business conditions. The adjustments include a reduction of 84.53 million yuan in estimated procurement of goods and services from related parties and a substantial decrease of 563.88 million yuan in estimated sales of goods and provision of services to related parties.

The revised forecast aligns with regulatory requirements and the company's articles of association, ensuring no harm to shareholder interests. The adjustments were driven by changes in market conditions, reduced procurement demand for certain components, and the transfer of original casting operations. Despite these revisions, the company’s routine related-party transactions, which include sales to new related parties like Shandong Kaima Vehicle Co., Ltd., remain essential to its ongoing operations and independence.

The company ensures that all related-party transactions are conducted on a voluntary, equal, and fair basis, with pricing determined by market values or through equal negotiation, thus contributing positively to the company's operational efficiency and resource allocation.