Dongfeng Motor Clears Key Regulatory Hurdle for Privatization Plan; Shares Up 5%

MT Newswires Live01-13

Dongfeng Motor Group (HKG:0489) has fulfilled a key regulatory precondition for its proposed privatization by its parent through a merger by absorption, according to a Tuesday Hong Kong bourse filing.

The automaker said it has obtained the necessary approvals from Chinese authorities, including the National Development and Reform Commission (NDRC), the Ministry of Commerce (MOFCOM), and the State Administration of Foreign Exchange (SAFE), thereby satisfying one of the merger preconditions.

A separate precondition relating to shareholder approvals for the proposed distribution of shares in its electric vehicle unit Voyah has already been met, it added.

The remaining precondition concerns regulatory approvals for Voyah's proposed Hong Kong listing by introduction, which has yet to be fulfilled, the company said.

The transactions form part of a restructuring plan announced in August 2025, under which Dongfeng plans to privatize through a merger by absorption while separately spinning off and listing its electric vehicle unit.

Under the proposal, Dongfeng H-shareholders are set to receive HK$6.68 in cash and 0.3552608 Voyah H shares for each Dongfeng H share held, based on earlier disclosures.

Shares of Dongfeng Motor jumped nearly 5% in recent trade.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2603778145?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-01-13 13:33","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2603778145","market":"hk","top_or_hot":-1,"title":"Dongfeng Motor Clears Key Regulatory Hurdle for Privatization Plan; Shares Up 5%","media":"MT Newswires Live","content":"<html><body><p> <a href=\"https://laohu8.com/S/DNFGF\">Dongfeng Motor</a> Group (HKG:0489) has fulfilled a key regulatory precondition for its proposed privatization by its parent through a merger by absorption, according to a Tuesday Hong Kong bourse filing.</p><p>The automaker said it has obtained the necessary approvals from Chinese authorities, including the National Development and Reform Commission (NDRC), the Ministry of Commerce (MOFCOM), and the State Administration of Foreign Exchange (SAFE), thereby satisfying one of the merger preconditions.</p><p>A separate precondition relating to shareholder approvals for the proposed distribution of shares in its electric vehicle unit Voyah has already been met, it added.</p><p>The remaining precondition concerns regulatory approvals for Voyah's proposed Hong Kong listing by introduction, which has yet to be fulfilled, the company said.</p><p>The transactions form part of a restructuring plan announced in August 2025, under which Dongfeng plans to privatize through a merger by absorption while separately spinning off and listing its electric vehicle unit.</p><p>Under the proposal, Dongfeng H-shareholders are set to receive HK$6.68 in cash and 0.3552608 Voyah H shares for each Dongfeng H share held, based on earlier disclosures.</p><p>Shares of <a href=\"https://laohu8.com/S/DNFGY\">Dongfeng Motor</a> jumped nearly 5% in recent trade.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dongfeng Motor Clears Key Regulatory Hurdle for Privatization Plan; Shares Up 5%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDongfeng Motor Clears Key Regulatory Hurdle for Privatization Plan; Shares Up 5%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-01-13 13:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> <a href=\"https://laohu8.com/S/DNFGF\">Dongfeng Motor</a> Group (HKG:0489) has fulfilled a key regulatory precondition for its proposed privatization by its parent through a merger by absorption, according to a Tuesday Hong Kong bourse filing.</p><p>The automaker said it has obtained the necessary approvals from Chinese authorities, including the National Development and Reform Commission (NDRC), the Ministry of Commerce (MOFCOM), and the State Administration of Foreign Exchange (SAFE), thereby satisfying one of the merger preconditions.</p><p>A separate precondition relating to shareholder approvals for the proposed distribution of shares in its electric vehicle unit Voyah has already been met, it added.</p><p>The remaining precondition concerns regulatory approvals for Voyah's proposed Hong Kong listing by introduction, which has yet to be fulfilled, the company said.</p><p>The transactions form part of a restructuring plan announced in August 2025, under which Dongfeng plans to privatize through a merger by absorption while separately spinning off and listing its electric vehicle unit.</p><p>Under the proposal, Dongfeng H-shareholders are set to receive HK$6.68 in cash and 0.3552608 Voyah H shares for each Dongfeng H share held, based on earlier disclosures.</p><p>Shares of <a href=\"https://laohu8.com/S/DNFGY\">Dongfeng Motor</a> jumped nearly 5% in recent trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HK0000252152.HKD","symbol_name":"易方达 (香港) 中国股票股息基金A 类 (累积) 港元","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2603778145","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2603778145","pubTimestamp":1768282404,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Dongfeng Motor Group  has fulfilled a key regulatory precondition for its proposed privatization by its parent through a merger by absorption, according to a Tuesday Hong Kong bourse filing.The automaker said it has obtained the necessary approvals from Chinese authorities, including the National Development and Reform Commission , the Ministry of Commerce , and the State Administration of Foreign Exchange , thereby satisfying one of the merger preconditions.A separate precondition relating to shareholder approvals for the proposed distribution of shares in its electric vehicle unit Voyah has already been met, it added.The remaining precondition concerns regulatory approvals for Voyah's proposed Hong Kong listing by introduction, which has yet to be fulfilled, the company said.The transactions form part of a restructuring plan announced in August 2025, under which Dongfeng plans to privatize through a merger by absorption while separately spinning off and listing its electric vehicle u","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"HK0000252152.HKD":"易方达 (香港) 中国股票股息基金A 类 (累积) 港元","BK1539":"汽车股","BK1119":"汽车制造商","HK0000252160.HKD":"易方达 (香港) 中国股票股息基金A 类 (分派) 港元","SAFE":"Safehold","BK4084":"特种房地产投资信托","BK4234":"特殊用途房地产信托","BK1523":"武汉本地概念股","HK0000500386.USD":"易方达 (香港) 中国股票股息基金A 类 (累积) 美元","00489":"东风集团股份"},"translate_title":"东风汽车为私有化计划扫清关键监管障碍；股价上涨5%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00489":0.9,"SAFE":1},"content_text":"Dongfeng Motor Group (HKG:0489) has fulfilled a key regulatory precondition for its proposed privatization by its parent through a merger by absorption, according to a Tuesday Hong Kong bourse filing.The automaker said it has obtained the necessary approvals from Chinese authorities, including the National Development and Reform Commission (NDRC), the Ministry of Commerce (MOFCOM), and the State Administration of Foreign Exchange (SAFE), thereby satisfying one of the merger preconditions.A separate precondition relating to shareholder approvals for the proposed distribution of shares in its electric vehicle unit Voyah has already been met, it added.The remaining precondition concerns regulatory approvals for Voyah's proposed Hong Kong listing by introduction, which has yet to be fulfilled, the company said.The transactions form part of a restructuring plan announced in August 2025, under which Dongfeng plans to privatize through a merger by absorption while separately spinning off and listing its electric vehicle unit.Under the proposal, Dongfeng H-shareholders are set to receive HK$6.68 in cash and 0.3552608 Voyah H shares for each Dongfeng H share held, based on earlier disclosures.Shares of Dongfeng Motor jumped nearly 5% in recent trade.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"policyRegulatory","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.0","shortVersion":"4.36.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2603778145","isCrawlerRequest":true}