Dongfeng Motor Corporation Profile

Dongfeng Motor Corporation (hereafter referred to as DFM) was first established in 1969 and has commanded a leading position in the PRC automotive industry ever since. After more than thirty years of construction, DFM has formed several major production facilities, which are distributed in Shiyan ( mainly engaged in the production of medium duty and heavy duty commercial vehicles, auto parts and components and vehicle manufacturing equipments), Xiangfan ( mainly engaged in the production of light duty commercial vehicles and passenger vehicles), Wuhan ( mainly engaged in the production of passenger vehicles) and Guangzhou ( mainly engaged in the production of passenger vehicles). On September 28th, 2003, DFM moved its operating center from Shiyan to Wuhan. Major businesses of the company include the manufacture of whole serial commercial vehicles, passenger vehicles, auto parts and components, as well as vehicle manufacturing equipments. At present, the product mix in its automaking business is equally divided between commercial vehicles and passenger vehicles. By the end of 2004, total asset of DFM amounts to RMB 76.89 billion, with a net asset of RMB 33.9 billion and a total number of 106,000 registered staff.

DFM's 4 Production bases

Entering the new century, DFM focuses on participating in international competition and cooperation.  DFM rapidly expanded its passenger vehicle business by aligning itself with leading international automotive companies. It  entered into joint ventures for the manufacture of passenger vehicles with Nissan Motor Co., Ltd, Honda Motor Co., Ltd and Kia Motors Corporation. It expanded and promoted its scope of operations of Dongfeng Peugeot Citroen Automobiles Limited to include the manufacture of Peugeot passenger cars in addition to the Citroen passenger cars already manufactured by it.

Through years of development, DFM has formed leading edge automotive research and development capabilities. DFM seeks extensive cooperation with external parties and formed complete R&D platforms and its supporting system , engaged in the research and development of whole serial commercial vehicles as well as passenger vehicles. It also further improves its products planning and R&D flow.

DFM has set its development strategy to “ build a centennial DFM which is capable of sustained development, an international DFM which is opening to the world, and an open DFM which is capable of autonomous development”. DFM will take advantage of the historical opportunity offered by China’s efforts to construct a well-off society and the continuous growth of the domestic automobile market.

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