Dongfeng Fengshen and other companies under the Dongfeng Group announced 2021 targets.

        On the evening of December 23, Dongfeng Group officially announced that its four companies, Dongfeng Fengshen, Dongfeng Commercial Vehicles, Dongfeng Light Vehicles and Dongfeng Liuqi Chenglong, announced their 2021 targets.

         Among them, Dongfeng Fengshen plans to launch a total of 8 new models during the "14th Five-Year Plan" period, including 6 fuel vehicles and 2 new energy vehicles. Among them, the X37b equipped with Fengchi power and the new flagship sedan Yixuan MAX will be launched in 2021.

        Based on market trend research and changes in customer demands, Dongfeng Commercial Vehicle has launched an annual vehicle strategy, focusing on the “five modernizations (lightweight, electrified, intelligent, networked, and shared)”, targeting logistics, transportation, engineering dumping, Express Express and other market segments, to create a variety of heavy truck products including AMT products and 2021 Dongfeng Tianlong KX.

       During the "14th Five-Year Plan" period, Dongfeng Motor Co., Ltd. plans to achieve 300,000 sales by 2025.

In 2021, it will challenge the annual target of 200,000 vehicles and a year-on-year increase of 16.3%.

        Dongfeng Liuzhou Chenglong aims to sell 100,000 vehicles in 2021. In terms of products, it plans to upgrade the three platforms of heavy-duty, semi-heavy, and medium-sized platforms in 2021, and deploy smart logistics areas such as smart driving + car networking.

       At the beginning of this year, Dongfeng Group announced the goal of "guaranteeing two 40 billion yuan (total profit of more than 40 billion yuan, operating cash flow of not less than 40 billion yuan) and sales of 3.75 million vehicles in 2020." .

       From January to November, Dongfeng Group released sales data for November. In the month, 362,300 vehicles were sold, a year-on-year increase of 2.7%. The cumulative sales of vehicles from January to November were 3.0545 million.

       The four major independent passenger vehicle brands, Dongfeng Fengshen, Dongfeng Fengshen, Dongfeng Fengshen and Dongfeng Qichen, had sales of 7,700, 17,900, 9,400 and 9,100 respectively in November.

       In addition, the application for the Growth Enterprise Market of Dongfeng Group, a subsidiary of Dongfeng Group, was passed on December 11. This is only more than five months after Dongfeng Group announced its intention to return to A shares in July.

       Dongfeng Motor Group’s proposed financing amount is 21.033 billion yuan, of which 7 billion yuan will be used for Lantu brand high-end new energy vehicle projects; 7.7 billion yuan will be used for new-generation vehicles and forward-looking technology development projects; 6.3 billion yuan will be used to supplement working capital.