投資概要
中期業績升 137%
東風集團 2021 年上半年的銷售收入為 698.56 億元人民幣，較去年同期增加 38.1%，收
入的增長主要來自于東風商用車，東風柳汽，東風標緻雪鐵龍和東風汽車財務，另外
去年疫情造成的低基數也是原因之一，相較 2019 年同期則增長 44.6%；
歸屬股東淨利潤為 86.29 億元，同比增加 136.9%，和 2019 年上半年相比較，增長了
1.5%。
每股收益 1.00 元，公司擬派發特別股息：每股 40 分，派息率達 40%，較以往 20%左
右的派息率有大幅提升，主要彌補因為籌備 A 股上市暫停了 2020 年末期息。公司表示
如在 A 股成功上市，今後將提高派息比率至 40%。

Investment Summary
Interim Results Rose by 137%
Dongfeng reported revenue of RMB69,856 million in H1 of 2021, an increase of 38.1% over
the same period last year. The increase in revenue was mainly attributable to Dongfeng
Trucks, Dongfeng Liuzhou Motor Co., Ltd., DPCAFC and Dongfeng Finance. In addition, the
low base caused by the pandemic last year was also one of the reasons. It increased by
44.6% compared to the same period in 2019.
The net profit attributable to shareholders reached RMB8,629 million, up by 136.9% yoy.
Compared to H1 of 2019, it increased by 1.5%.
The earnings per share was RMB1.00. The Company planned to pay a special dividend of 40
cents per share. The dividend payout rate reached 40%, which has significantly increased
compared to the previous dividend rate of approximately 20%. The Company mainly
compensated for the suspension of the 2020 final dividend due to preparations for the
listing on the A-share market. The Company stated that in the future it will increase the
dividend payout ratio to 40% in the event of successful listing on the A-share market