Who owns M-Hero? The ownership chain, Dongfeng Motor Group's stake and the 2022 deal
Facts checked Chinese holding 100%
M-Hero is Chinese. It is Dongfeng's luxury off-road brand, derived from the Mengshi military vehicle programme, and sells large electrified four-wheel-drives.
M-Hero is a Dongfeng brand, established in 2022 and named after Dongfeng's Mengshi military light utility vehicle. The holding structure inside the group was not verified for this entry.
The short answer
| Controlled by | Dongfeng Motor Group |
|---|---|
| Stake | not published |
| Since | 2022 |
| Kind | brand |
| Origin | CN |
| Name in Chinese | 猛士 “MUNG-shr” |
| 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 controls M-Hero since 2022.
M-Hero is a Dongfeng brand, established in 2022 and named after Dongfeng's Mengshi military light utility vehicle. The holding structure inside the group was not verified for this entry.
| 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 | M-Hero | controls | controls | 2022 |
M-Hero: questions people ask
- Who owns M-Hero?
- Dongfeng, the state-owned carmaker at Wuhan. M-Hero is one of Dongfeng's own brands, not a joint venture.
- What does Mengshi mean?
- 猛士 (Měngshì) means 'fierce warrior'. It is the Chinese name of the brand and, before that, of Dongfeng's military light utility vehicle.
- Is M-Hero the Chinese Humvee?
- The name is shared, not the vehicle. Dongfeng's Mengshi military vehicle is often compared to the Humvee; M-Hero is a separate civilian brand of luxury off-roaders that borrowed the name.
- Is M-Hero sold outside China?
- No export market was confirmed for this entry. M-Hero's sales are in China.
Related
Sources for M-Hero
- Wikipedia, M-Hero. Read . Chinese name and meaning, 2022 establishment, model list and dates, military lineage, September 2025 Huawei arrangement
- Wikipedia, List of automobile manufacturers of China. Read . M-Hero and Dongfeng Mengshi listed as Dongfeng Motor brands.
- Wikipedia, Dongfeng Motor Corporation. Read .
- 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