Dongfeng Motor Group issues profit warning

Dongfeng Motor Group expects net profit attributable to parent company shareholders to be between 30 million and 70 million yuan in the first half of 2025, a decrease of approximately 90% to 95% compared to the same period last year. This is primarily due to a decline in the non-luxury joint venture market, which led to a significant drop in sales and profits, as well as increased investment in research and development and marketing.