Second Automotive Works (第二汽車製造廠), the predecessor of Dongfeng Motor Corporation, the parent of the Company, was established in September 1969.
        In  2000,  Dongfeng  Motor  Corporation  underwent  a  debt  restructuring  arrangement,  with  China  Huarong  Asset Management   Corporation,   China   Cinda   Asset   Management   Corporation,   China   Orient   Asset   Management Corporation,  China  Great  Wall  Asset  Management  Corporation  and  China  Development  Bank  to  jointly  form  the Company. The Company was incorporated on 18 May 2001.        
        In 2004, the Company was transformed into a joint stock limited company after repurchasing all equity interests held by shareholders other than Dongfeng Motor Corporation.
        The  Company  initially  issued  H  shares  overseas  on  6  December  2005  and  completed  an  over-allotment  on  13 December 2005. As a result, the aggregate share capital of the Company was enlarged to RMB8,616,120,000, which   comprised domestic   shares   and   H   shares   of   RMB5,760,388,000   (approximately   66.86%)   and RMB2,855,732,000 (approximately 33.14%), respectively.
         Currently, the Company has 14 subsidiaries, jointly-controlled entities and other companies in which the Company has  direct  equity  interests,  all  of  which  constitute  Dongfeng  Motor  Group.  Dongfeng  Motor  Group  is  primarily engaged  in  the  manufacture  and  sale  of  commercial  vehicles,  passenger  vehicles  and  auto  engines  and  parts, the  manufacture  of  vehicle  manufacturing  equipment,  finance  businesses  as  well  as  other  automotive-related businesses.
         In  2007,  the  Dongfeng  Motor  Group  commanded  a  market  share  of  approximately  10.8%  in  terms  of  the  total sales volume of domestic commercial and passenger vehicle manufacturers in the PRC, according to the statistics published by the China Association of Automobile Manufacturers. Consequently, the Dongfeng Motor Group has had a solid position in the industry and plays a leading role in certain sectors.