DONGFENG GROUP(00489) 智通财经·2024-01-29 10:41Core Viewpoint - Dongfeng Group announced a share transfer agreement where Dongfeng Changxing will acquire 100% equity of Chuangge Financing Leasing Co., Ltd. from its controlling shareholder Dongfeng Motor Company for RMB 1.122 billion, enhancing its business structure and value chain [1]. Group 1 - The share transfer is set to be completed on January 29, 2024, after trading hours [1]. - Following the transfer, Chuangge Financing Leasing will become an indirect non-wholly-owned subsidiary of Dongfeng Changxing [1]. - The integration of the target company is expected to promote unified brand management and develop after-sales services such as insurance, maintenance, energy supply, financing, and used car sales [1]. Group 2 - The transaction aims to extend the value chain and facilitate high-quality development across the entire industry chain [1].