Cheng Li Automobile Group may purchase Dongfeng Light Trucks


On December 9, it was reported that Chengli Automobile Group may announce the purchase of up to 20% of Dongfeng light trucks. Based on the current stock price, the 20% equity of Dongfeng Light Trucks will be worth about RMB 2.8 billion, which will increase its competitiveness in the special vehicle sector. Cheng Li Corporation has achieved great success based on Dongfeng's secondary development and manufacturing.

The chairman of Dongfeng Light Truck Co., Ltd. confirmed on the morning of December 9 that the company is in alliance negotiations with Chengli Motors.



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