Dongfeng Motor: It is expected that the annual net profit will be a loss of 390 to 480 million yuan in 2025.

Dongfeng Motor Corporation announced that, based on preliminary calculations, the company expects to achieve a net loss attributable to shareholders of the parent company of -480 million to -390 million yuan in the year 2025, with a non-GAAP net loss of -930 million to -840 million yuan. In the same period of the previous year, the net profit attributable to the shareholders of the parent company was 291.622 million yuan, and the non-GAAP net profit was -689 million yuan. The main reasons for the performance change are intensified competition in the light commercial vehicle market, sales pressure, declining gross profit margins, the company being in a period of transition and adjusting operational pace while increasing channel support, making additional provisions for credit impairment, and a decrease in non-recurring gains and losses mainly due to reduced government subsidies.