Dissemination Of Corporate Communications
Pursuant to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, the Company disseminates and publishes Corporate Communications to the shareholders of the Company by electronic means. The details of the arrangement can be downloaded through the following links：
-Arrangement on Electronic Dissemination of Corporate Communications
"Corporate Communication" means any document issued or to be issued by the Company for the information or action by any of its shareholders, including but not limited to directors' reports and annual accounts together with auditors' reports, interim reports, notices of meetings, listing documents, circular and proxy form.
The application form for registered shareholders and non-registered shareholders of the Company to select the method of receiving Corporate Communications and/or request printed copies can be downloaded through the following links:
At the same time, shareholders can also download the above notification letter from the "HKEXNews" website of The Stock Exchange of Hong Kong
If the shareholder has provided his or her valid email address, the shareholder will receive an email notification each time the Company publishes Corporate Communication. If shareholders wish to receive Corporate Communications in printed form, please fill in and submit the above application form to the Company's share registrar, or send an email to dfmg.ecom@computershare.com.hk specifying the shareholder's name, address and request to receive the Corporate Communications in printed form. Please note that instruction to receive future Corporate Communications in printed form will be valid for one year from the receipt date of the shareholder's instruction.
News
Chairman's Statement
Dear Shareholders,
On behalf of the Board of Directors, I hereby present the 2024 interim results of Dongfeng Motor Group for your review.
In the first half of 2024, the sales volume of the automobile industry maintained a growth at 6.1%, but the growth rate declined month by month, with the industry’s demand being differentiated and the situation being more complicated. New energy vehicles and overseas exports became the main growth drivers, growing by 32% and 30.5% year-on-year respectively, with the penetration rate of new energy vehicles reaching 35.2%. Sales volume of the independent brand passenger vehicle business increased by 23.9% year-on-year. Sales volume of the joint-invested non-luxury vehicle segment and internal combustion engine vehicle segment continued to decline. Since the beginning of last year, the terminal price of passenger vehicles has decreased by 15.6%.
Dongfeng Motor Group has actively responded to changes in the industry, accelerated the optimisation of its business layout and structural adjustment, strengthened scientific and technological innovation, achieved an upturn and improvement trend in its operations, and made every effort to promote high-quality development.
The Group sold approximately 966,100 vehicles, representing a year-on-year increase of 2.2%. Among them, the independent brand passenger vehicle business achieved sales volume of approximately 188,000 units, representing a year-on-year increase of 19.9%, with both its sales volume and price increasing, and the gross profit margin increased by 4.7 percentage points over the corresponding period of last year. The commercial vehicle segment recorded sales volume of approximately 191,400 units, representing a year-on-year increase of 8.9%. The new energy vehicle segment achieved sales volume of approximately 153,600 units, representing a year-on-year increase of 28.5%, indicating an improvement of 3.3 percentage points in the contribution to the Group’s overall sales performance over the same period. The Group’s joint invested vehicle business basically stabilised and halted the decline, recording sales volume of approximately 587,000 units; particularly, sales volume of Dongfeng Nissan dropped year-on-year by 1.4% and Dongfeng Honda increased year-on-year by 4.8%. The export business registered a sales volume of approximately 93,000 vehicles, a year-on-year increase of 14.8% and hitting a record high.
