Who owns Dongfeng? The ownership chain, Dongfeng Motor Group's stake and the 2009 deal
Facts checked Chinese holding 100%
Dongfeng is Chinese and state-owned. The Wuhan group was founded in 1969 as China's Second Automobile Works and is held by the central government; its own-brand cars are sold as Dongfeng and Aeolus. Dongfeng runs joint ventures with Nissan, Honda and Stellantis, and took a 14% stake in PSA Peugeot Citroen in the 2014 recapitalisation, which it has since sold down.
The Dongfeng passenger-car brand and its Aeolus line belong to Dongfeng outright. Aeolus launched in July 2009 and has been run since August 2023 alongside Nammi and the eπ line under one Dongfeng passenger-vehicle organisation.
The short answer
| Controlled by | Dongfeng Motor Group |
|---|---|
| Stake | 100% |
| Since | 2009 |
| Kind | brand |
| Origin | CN |
| Name in Chinese | 东风 “DOONG-fung” |
| Top of the chain | State-owned Assets Supervision and Administration Commission of the State Council |
| Is it Chinese? | Yes |
The chain, step by step
State-owned Assets Supervision and Administration Commission of the State Council owns Dongfeng Motor Group at 100% since 2003.
Dongfeng Motor Corporation is a central state-owned enterprise whose shareholding SASAC holds. Dongfeng told the Hong Kong exchange in February 2025 that a planned restructuring might change its controlling shareholder but would not change its ultimate controller, SASAC.
Dongfeng Motor Group owns Dongfeng at 100% since 2009.
The Dongfeng passenger-car brand and its Aeolus line belong to Dongfeng outright. Aeolus launched in July 2009 and has been run since August 2023 alongside Nammi and the eπ line under one Dongfeng passenger-vehicle organisation.
| Holder | Holds | Kind | Stake | Since |
|---|---|---|---|---|
| State-owned Assets Supervision and Administration Commission of the State Council | Dongfeng Motor Group | owns | 100% | 2003 |
| Dongfeng Motor Group | Dongfeng | owns | 100% | 2009 |
Dongfeng: questions people ask
- Is Dongfeng Chinese?
- Yes. Dongfeng Motor Corporation is a central state-owned enterprise headquartered in Wuhan, and the Dongfeng brand is its own, not a joint-venture badge.
- What does Dongfeng mean?
- 东风 (Dōngfēng) means 'east wind'. The company was called the Second Automobile Works until 1992; Dongfeng began as the marque on its vehicles.
- What is Aeolus?
- Aeolus is the English name of Dongfeng's mainstream passenger-car line, called 风神 (Fēngshén, 'wind god') in Chinese. It launched in July 2009 with the S30 saloon.
- Who owns Dongfeng?
- The Chinese state, through SASAC. Dongfeng also has two listed arms, in Hong Kong and Shanghai, with minority public shareholders.
- Is Dongfeng sold in the US?
- No. Dongfeng passenger cars are not on sale in the United States and the sources consulted show no plan to enter.
Related
Sources for Dongfeng
- Wikipedia, Aeolus (marque). Read . July 2009 launch, S30 debut, model list, 2022 peak, August 2023 reorganisation, export markets
- Wikipedia, Dongfeng Motor Corporation. Read . Ownership, headquarters, brand list
- Wikipedia, List of automobile manufacturers of China. Read . Dongfeng Motor listed under central-government state ownership with M-Hero, Voyah, Aeolus, Forthing and Mengshi.
- Dongfeng Motor Group Company Limited (HKEXnews), Announcement on Possible Change in the Controlling Shareholder. Read . Filing of 9 February 2025; the PDF text could not be extracted by the tool used, so the content is taken from reporting of the filing