georgemiller
Publish Date: Mon, 18 Aug 2025, 05:04 AM

BEIJING, Aug 18 (Reuters) - China's Dongfeng Motor (0489.HK) , opens new tab has put its 50% stake in Dongfeng Honda Engine Company up for sale, according to a stock exchange filing on the Guangdong United Assets and Equity Exchange on Monday.
A reserve price has yet to be set.
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The company's assets were valued at 5.4 billion yuan ($752.15 million) last year, while its debts totaled 3.3 billion yuan, according to audited results included in the filing. It reported a loss of 227.8 million yuan in 2024. The listing deadline is Sept. 12
($1 = 7.1794 Chinese yuan renminbi)
https://www.reuters.com/sustainability/climate-energy/chinas-dongfeng-motor-puts-its-50-stake-dongfeng-honda-engine-up-sale-2025-08-18/