Dongfeng Group's policy has always been to support the development of its own brand through cashing out and dividends for many years, and has achieved a leading position in the reserve of new energy technology. Since 2014, when it became a shareholder of PSA Group
Dongfeng Group has repeatedly ** PSA and later Stellantis Group shares. At the end of 2019, in order to make the merger plan of PSA and FCA go smoothly, Dongfeng Group agreed to hold PSA shares
and became the fourth largest shareholder of Stellantis Group after the merger. In 2021, Dongfeng will sell another 36.06 million shares of STLA Group, reducing its shareholding to 45% and a value of 467.7 billion yuan.
In January 2022, Dongfeng once again purchased 40 million ordinary shares of STLA Group, with a total value of 525.7 billion yuan, reducing the shareholding ratio to 316%。November 2023,
Dongfeng continues **stla158% of the shares for a total consideration of 727.6 billion yuan. Overall, Dongfeng Group has achieved about 20 billion yuan in cash through ** shares, and also holds 158% of the shares.
Dongfeng Investment PSA has learned that there are 18 billion + cashed out, and about 7.3 billion on the way, and then there is 158% of the shares. Dongfeng uses this fund to develop new energy technology reserves, and is now feeding back to Shenlong and Nissan.
It should be noted that PSA acquired and merged with FCA, but Faurecia, which was owned by the original PSA, was not merged into Stellantis, but was held by the four original shareholders2% of the shares. Dongfeng has been the first in patented technology for three consecutive years
Especially new energy technologies. Stellantis became the majority shareholder of Leapmotor China, and Stellantis International was controlled by Stellantis, and the production and sales were handled by Stellantis. Overall,
Dongfeng Group has cashed out by holding shares in Stellantis, and has used funds to support the development of its own brand, while also achieving a leading position in new energy technology.