[ET Net News Agency, 3 December 2020] Dongfeng Motor Group Company Limited (00489) said
the company, Bank of Communications Co., Ltd (BOCOM) and Wuhan Economic and Technological
Development Zone held a contract signing ceremony for Dong Feng BOCOM Yuan Jing Auto
Industry Equity Investment Fund, aiming to jointly promote the combination of industry and
finance and encourage the development of the industry.
The fund will pay close attention to the development trend of the automobile industry
and focus on the forward-looking layout of "electrification", "networked",
"intellectualization", "sharing" and "light-weighted" of the automobile industry. The fund
will mainly carry out investment layout around the strategic development direction of
Dongfeng Group, and help Dongfeng Group and its industrial chain enterprises establish a
new ecological chain and resource circle through the fund investment, so as to accelerate
the pace of innovation and share the fruits of industry revolution. (RC)