The relationship between Cyrus and Dongfeng

There is no direct subordinate relationship between heaven and Dongfeng, and the relationship between them is mainly reflected in the equity level. Dongfeng Motor holds part of shares of Xianjie Group Co., Ltd. through its subsidiary Dongfeng Motor Group Co., Ltd., among which Dongfeng Motor holds 265,438+0.87% of shares of Xianjie Group, and Dongfeng Motor Group Co., Ltd. is the ninth largest shareholder of Xianjie Group. In addition, Xiaokang shares (the parent company of Celeste Automobile) and Dongfeng Group once established Dongfeng Xiaokang Automobile Co., Ltd., but now Xiaokang shares have become a wholly-owned subsidiary of Dongfeng Xiaokang through additional issuance, which means that there is no direct connection between Xiaokang Group and Dongfeng Automobile. Therefore, although Dongfeng Motor is one of the major shareholders of Tianjie Automobile, Tianjie Automobile is not a brand owned by Dongfeng Motor.