Dongfeng Motor to increase RMB100 million of investment in Dongfeng Hyper

Dongfeng Motor announced on December 5th that it will increase investment of RMB200 million (USD28.Asian Metal Copyright According to relative data, Dongfeng Hyper was founded in October 2012 and its business scope covers the production, processing, installment and technology development of power battery systems as well as the recycling and using of waste power storage batteries used in vehicles and waste electronics.Asian Metal Copyright40 million) in Dongfeng Hyper New Energy Technology Co.Asian Metal Copyright .Asian Metal Copyright, Ltd.Asian Metal Copyright After the investment increase, Dongfeng Hyper will has a total registered capital of RMB300 million USD42.Asian Metal Copyright (Dongfeng Hyper) jointly with Beijing Hyper Strong Technology Co.Asian Metal Copyright40 million in Dongfeng Hyper New Energy Technology Co.Asian Metal Copyright, Ltd.Asian Metal Copyright60 million and its 50% of shares will be held by Dongfeng Motor, the same as before.Asian Metal Copyright (Hyper Strong) in accordance with relative share proportion.Asian Metal Copyright, Ltd.Asian Metal Copyright Thus, Dongfeng Motor and Hyper Strong will increase investment of RMB100 million (USD14.Asian Metal Copyright60 million and its 50% of shares will be held by Dongfeng Motor, the same as before.Asian Metal Copyright20 million) in Dongfeng Hyper respectively.Asian Metal Copyright Hyper Strong in accordance with relative share proportion.Asian Metal Copyright After the investment increase, Dongfeng Hyper will has a total registered capital of RMB300 million (USD42.Asian Metal Copyright Dongfeng Hyper jointly with Beijing Hyper Strong Technology Co.Asian Metal Copyright60 million) and its 50% of shares will be held by Dongfeng Motor, the same as before.

According to relative data, Dongfeng Hyper was founded in October 2012 and its business scope covers the production, processing, installment and technology development of power battery systems as well as the recycling and using of waste power storage batteries used in vehicles and waste electronics.

Dongfeng Motor mainly wants to do new energy vehicle business, boost new energy vehicle sales and realize its medium-term plan through Dongfeng Hyper.



.Asian Metal CopyrightDongfeng Motor announced on December 5th that it will increase investment of RMB200 million USD28.Asian Metal Copyright