Changes in Hong Kong stocks | Dongfeng Group shares (00489) fell more than 3%, and the controlling shareholder clarified that there were no restructuring actions, automobile sales fell 17.1% year on year in the first 5 months

The Zhitong Finance App learned that Dongfeng Group shares (00489) fell by more than 3%, and the stock fell by more than 14% yesterday. As of press release, it decreased by 3.6% to HK$3.48, with a turnover of HK$107 million.

According to the news, Dongfeng Group Co., Ltd. previously issued an announcement regarding possible changes in the controlling shareholder of the company. On June 4, 2025, the company received a notice from Dongfeng, the controlling shareholder, that Dongfeng will not be involved in related assets or business restructuring, and that the normal production and operation activities of the company will not be affected.

Furthermore, Dongfeng Group Co., Ltd. announced that the company's cumulative automobile sales volume from January to May 2025 was 672,800 units, a year-on-year decrease of about 17.1%. Among them, sales of new energy vehicles were 160,500 units, an increase of about 34.4% over the previous year. The company's parent company, Dongfeng Motor Group Co., Ltd., sold 846,600 vehicles in January-May, a year-on-year decrease of about 18.8%.