On October 1, Dongfeng Technology announced adjustments to its senior management. According to the announcement, due to work reassignment, Ye Zhengwu will no longer serve as General Manager of Dongfeng Electronic Technology Co., Ltd. (hereinafter referred to as the “Company”) but will continue to serve as a Director of the Company.
The announcement noted that Ye Zhengwu’s original term was set to expire on June 11, 2027, but he stepped down early from the position of General Manager on September 29, 2025, due to work reassignment. Following his departure, Gao Shouwu has been appointed as the new General Manager, with a term starting from the date of board approval until the expiration of the Company’s ninth board of directors.
According to official information, Ye Zhengwu was born in November 1969, holds a Master’s degree in Engineering, and is a Senior Engineer. Before serving as Director and General Manager of Dongfeng Electronic Technology Co., Ltd., he held positions such as Deputy Plant Manager, Plant Manager, and Party Secretary at Dongfeng Dana Axle Co., Ltd.’s Xiangyang plant; Party Secretary, Discipline Inspection Secretary, and Trade Union Chairman at Dongfeng Dana Axle Co., Ltd.; and Deputy General Manager of Dongfeng Auto Parts (Group) Co., Ltd. Financial reports show that in 2024, Ye Zhengwu received a pre-tax total remuneration of RMB 1.2087 million from the Company. Meanwhile, two other Deputy General Managers, Han Li and Weng Tianxiao, received RMB 916,700 and RMB 609,900 respectively during the same reporting period.
It is worth noting that in June this year, Dongfeng Technology announced that due to work reassignment, Weng Tianxiao would no longer serve as Deputy General Manager and Chief Accountant but would remain a Director of the Company, with Qin Junhua appointed as Deputy General Manager and Chief Accountant. Earlier in April, the Company appointed Zhang Yongxue as Deputy General Manager, with his term also running until the expiration of the ninth board of directors.
As for the newly appointed General Manager, Gao Shouwu, he was born in February 1978, holds a bachelor’s degree, and is a Senior Engineer. His career experience includes serving as Deputy General Manager and General Manager of the Shiyan Branch of Dongfeng Automobile Driveshaft Co., Ltd.; General Manager, Party Secretary, and Chairman of Dongfeng Hongtai Holding Group Co., Ltd.; Deputy General Manager of the Components Division of Dongfeng Motor Group Co., Ltd.; and Deputy General Manager of Dongfeng Motor Group Yuechuang Technology Co., Ltd.
Dongfeng Technology is an indirect holding subsidiary of Dongfeng Motor Group, mainly engaged in the R&D, manufacturing, and sales of auto parts. Its business covers braking systems, intelligent cockpits, and other components, making it a listed parts company. As a core parts supplier, Dongfeng Technology provides supporting products for Dongfeng Group’s vehicle subsidiaries, such as Dongfeng Fengshen and Dongfeng Nissan, while also investing in new energy drive systems and intelligent connected technologies.
According to financial reports, in 2024, Dongfeng Technology recorded operating revenue of RMB 6.81 billion, down 4.98% year-on-year; net profit attributable to shareholders was RMB 91 million, down 37.05%; and net profit after deducting non-recurring items was RMB 21 million, down 81.94%.
In the first half of 2025, Dongfeng Technology reported operating revenue of RMB 3.103 billion, a year-on-year decline of 6.34%. Net profit attributable to shareholders was RMB 43.06 million, down 0.46% year-on-year, while net profit after deducting non-recurring items was RMB 15.03 million, representing an 84.22% year-on-year increase. However, net cash flow from operating activities was negative at RMB -37.08 million. For the full year of 2025, the Company plans to achieve operating revenue of RMB 6.8 billion, with operating costs totaling RMB 5.9 billion.
