On March 29, Dongfeng Motor Group Co., Ltd. (hereinafter referred to as "Dongfeng Motor Group", stock code: 00489.HK) announced its 2015 annual results. In 2015, sales revenue was approximately RMB 126.656 billion, an increase of approximately 52.3% year-on-year. The board of directors proposed to pay RMB 0.20 per share for 2015 annual profit.
In 2015, China’s auto market achieved sales of 24,597,600 units, a year-on-year increase of 4.7%. The overall growth of the auto industry has slowed down, and the single-digit growth of the auto market will become the norm. The annual sales of passenger vehicles were 21,464,300, an increase of 7.3% year-on-year; commercial vehicles sold 4,451,300 units a year, a year-on-year decrease of 8.9%; sales of new energy vehicles rose and sales were 331,000, an increase of 3.4 times year-on-year.
Future <br> <br> according to the judgment of the future market situation and Dongfeng Motor Group's development plan, the next two years, Dongfeng Motor Group will continue to strengthen the areas of product launch SUV (new & replacement for a total of 14 models), 4 New energy products, 10 models of passenger car products, the entire number of new and updated products in the field of passenger vehicles reached 30, including new brands and replacement products of their own brands to 10; while commercial vehicles will have 3 series of new products for medium and heavy trucks. And a series of new light trucks launched.
Each vehicle company will promote marketing transformation and promote the smooth production of new models. At the same time, it will strengthen the ongoing marketing of existing models to ensure the continued stability of sales during the product life cycle. Through hard work, we strive to increase the production and sales growth of Dongfeng Motor Group in 2016 not lower than the overall level of the industry.
Dongfeng Motor Group will continue to promote the improvement of operational efficiency and resource use efficiency, strengthen budget management and cost control, continue to achieve quality leadership and yield leadership in the industry, so that various operating results can be reasonably reflected in financial performance.
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