Dongfeng Automobile (SHA:600006) expects its indirect controlling shareholder to change as its current indirect controlling shareholder, Dongfeng Motor Group (HKG:0489), plans to reorganize with other state-owned central enterprises, according to a Shanghai Stock Exchange disclosure on Monday.
The potential revamp, which is subject to regulatory approvals, will not have a significant impact on the production and operations of the Chinese automobile maker, the disclosure said.
Dongfeng's shares soared 10% in recent trade.
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