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Dongfeng Motor Group Co ( (HK:0489) ) has issued an announcement.
Dongfeng Motor Group Co., Ltd. has announced the proposed appointment of Mr. Feng Changjun as an executive director and president of the company, pending approval at an extraordinary general meeting. This leadership change is part of the company’s strategic management restructuring, with Mr. Feng bringing extensive experience in finance and management within the automotive sector. The appointment aims to strengthen the company’s leadership team and enhance its operational efficiency, potentially impacting its market positioning positively.
The most recent analyst rating on (HK:0489) stock is a Hold with a HK$9.50 price target. To see the full list of analyst forecasts on Dongfeng Motor Group Co stock, see the HK:0489 Stock Forecast page.
More about Dongfeng Motor Group Co
Dongfeng Motor Group Co., Ltd. is a prominent company in the automotive industry, primarily engaged in the manufacturing and sale of motor vehicles and related components. The company focuses on producing a wide range of vehicles, including commercial vehicles and passenger cars, and is a significant player in the Chinese automotive market.
YTD Price Performance: 147.04%
Average Trading Volume: 20,077,539
Technical Sentiment Signal: Buy
Current Market Cap: HK$75.84B
Find detailed analytics on 0489 stock on TipRanks’ Stock Analysis page.