From August to September, the capital market saw accelerating Lantu Auto.

In August, Lantu Automobile delivery data hit a new record high, with 13,505 vehicles delivered in a single month, an increase of 119% year-on-year, achieving seven consecutive increases; from January to August, a total of 81,768 vehicles delivered, a year-on-year increase of 92%. Among them, Lantu Dreamer has been the national new energy MPV sales champion for three consecutive months, and ranked first with 6,510 vehicles in August.

In addition, the new products recently released by Lantu Auto have also received high praise. Among them, Lantu FREE has 11,583 units in 15 minutes after its launch, ranking among the top three in the hybrid SUV market for many consecutive weeks; the new Lantu Zhiyin has exceeded 3,000 units in 12 minutes; the 2026 Lantu Dreamer has exceeded 10,000 units in pre-sales. Nowadays, Lantu Automobile products cover three categories: SUV, MPV and sedan, showing strong competitiveness and making the capital market particularly optimistic.

Back on August 22, Dongfeng Group Co., Ltd. (00489.HK), which had been suspended for 10 days, issued a major asset restructuring announcement late at night, planning to privatize and delist, and its subsidiary Lantu Automobile will be independently listed on the Hong Kong Stock Exchange. Moreover, Lantu Automobile has adopted the introduction of listing this time and has entered the Hong Kong Stock Exchange. This combination of "one advance and one retreat" has created a new model for independent listing of new energy businesses of central state-owned enterprises.

The announcement shows that this transaction adopts a combination model of "equity distribution absorption merger", and the two core links are each other and are promoted simultaneously. In the first stage, Dongfeng Group Co., Ltd. distributed 79.67% of its shares in Lantu Auto to all shareholders according to its shareholding ratio. Then Lantu Automobile entered the Hong Kong Stock Exchange through an introduction to listing. In the second stage, Dongfeng Motor's wholly-owned subsidiary Dongfeng Motor Group (Wuhan) Investment Co., Ltd., as the merger entity, paid the equity consideration to Dongfeng Motor, the controlling shareholder of Dongfeng Group Co., Ltd. and cash consideration to other small shareholders, achieving 100% control of Dongfeng Group Co., Ltd.

Compared with the traditional IPO fundraising method, the feature of listing is that there is no need to issue new shares or raise funds, and only the securities held by existing shareholders are listed and traded on the exchange. Lantu Auto issuance and listing by introducing listing to avoid diluting shareholders' rights and interests, and protecting the vital interests of the original shareholders to the greatest extent.

The market immediately responded positively to this. On August 25, Dongfeng Group Co., Ltd. resumed trading and opened nearly 70% higher, with a significant increase in market value.

Lantu Auto is a high-end smart new energy brand under Dongfeng Auto, carrying the important mission of Dongfeng Auto's new energy transformation and brand improvement. Different from the "new forces in car manufacturing", Lantu has inherited Dongfeng Group's profound car manufacturing technology, manufacturing technology and supply chain system, while integrating innovative business models and user thinking. It is a rare "innovator with inheritance" among new energy vehicle companies.

To date, Lantu Auto has successively launched four models, Lantu FREE, Lantu Dreamer, Lantu Zhuiguang and Lantu Zhiyin, covering three categories: SUV, MPV and sedan, becoming one of the new energy vehicle companies with the most complete product layout in China. It also formed a double hot combination of Dreamer and Free : Lantu Dreamer has formed a significant head effect in the new energy MPV market with its safety and comfort advantages, and has ranked as the monthly champion of the new energy MPV category for many months since 2023.

With the intelligent configuration of Huawei Qiankun Intelligent Driver ADS 4 and Hongmeng cockpit, Lantu FREE has been locked in 11,583 vehicles in 15 minutes after its launch, becoming a strong competitor in the 200,000-level hybrid SUV market, winning the top three in the segmented track for many consecutive weeks.

Just on August 28, the new Lantu Zhiyin was launched. Just 12 minutes after its launch, the large order exceeded 3,000 units. As another masterpiece of in-depth cooperation between Lantu and Huawei, the new Lantu Zhiyin has jointly adjusted the five major sectors of intelligent driving, smart cockpit, smart chassis, three-electric system and cockpit comfort, and has completed a total of 1,202 upgrades, achieving a comprehensive leap from basic functional type to a smart home pure electric SUV integrating "warm, comfortable, interesting, smart, efficient, and safe". The new Lantu Zhiyin will form a "electric hybrid" Gemini product matrix with Lantu FREE to further consolidate Lantu's differentiated competitiveness in the field of medium and large household SUVs.

On August 29, the 2026 Lantu Dreamer, which was fully renewed and upgraded, was unveiled in pre-sales, with orders exceeding 10,000 units in one hour. As the "world's first 800V intelligent super hybrid MPV", the new car CLTC has a pure electric range of 350km, which is twice the current mainstream hybrid MPV. It is equipped with the only 5C super charging technology in the same class. It only takes 12 minutes to charge 20%-80% and becomes the fastest hybrid MPV in the world. It breaks the innate stubborn problem of traditional hybrid MPV "short pure electric battery life, slow charging speed, and high fuel consumption of electricity". For the first time, hybrid MPV has an unreduced full-scene pure electric experience.

It can be seen that every update and iteration of Lantu Automobile products is closely related to user needs. As Lu Fang, CEO of Lantu Auto, said: "Only by putting user experience at the center of all work and transforming technological progress into improvement of user experience, can we build real barriers in market competition and win user trust and reputation."

On September 10, the official picture of Lantu Auto, Lantu Taishan, was released. With its super luxury styling design and a number of leading technological configurations, the new car quickly became the focus of attention in the high-end SUV market. The industry generally believes that the price of this Lantu flagship SUV may be above 470,000 yuan.

It is understood that the new car is equipped with Lanhai intelligent super hybrid system developed by Lantu Auto. As the only large six-seater SUV in the same class that comes with a standard 65-degree ternary lithium battery, its CLTC pure electric battery life is 370km, the CLTC comprehensive battery life is super, and it also supports 5C ultra-fast charging, and the charging time of 20%-80% only takes 12 minutes.

Regarding technological development, Lantu Automobile adopts a dual-track model of "independent cooperation". Lantu Auto's self-developed technologies include ESSA native smart electric architecture and centralized SOA electronic and electrical Tianyuan architecture, Lanhai Power 800V high-voltage platform and super fast charging technology, all of which are at the leading level in the industry. At the same time, Lantu Auto has in-depth cooperation with Huawei, and its products are equipped with Huawei Qiankun Intelligent Driving ADS 4.0 and Hongmeng cockpit, which are today's high-end top-end intelligent assisted driving.

Accurate market insight and strong technical strength provide strong support for the growth of Lantu Auto's delivery volume. Since its establishment, Lantu Automobile's cumulative production has exceeded 200,000 vehicles. Delivery volume has entered the fast lane in the past two years. With Lantu Auto's high-end positioning, such achievements are particularly eye-catching in the highly competitive new energy vehicle industry.

In terms of overseas layout, unlike other new energy vehicle companies that have reduced the dimensionality from emerging markets when going overseas, Lantu Auto, as a high-end smart new energy brand, has been fighting high since its inception. As early as 2022, Lantu took the lead in entering Europe, a luxury car hinterland, successfully entered Norway, Denmark, the Netherlands and other countries, and then quickly extended to deep coverage of 40 European countries such as Italy, Spain, Slovenia, and Portugal. As the birthplace of luxury cars, Europe has strict market access standards and a highly mature competitive landscape. Lantu Auto has been able to successfully pass multiple tests due to Dongfeng Auto as a channel and resource support of central enterprises, and also inseparable from Lantu Auto's own solid accumulation in product strength and brand building. Recognized in the European market, further strengthening its high-end brand image, laying a solid foundation for its entry into emerging markets. At present, Lantu Automobile is accelerating its expansion to Central Asia, the Middle East, Central and South America and other regions, steadily advancing its strategic layout in Europe and countries along the "Belt and Road", becoming one of the fastest and most extensive brands among China's high-end new energy brands.

Some investors may ask, why did Lantu Auto choose to go public in Hong Kong at this time? What are the considerations behind it?

Before Lantu Auto went public in Hong Kong, new forces such as Wei Xiaoli and Leapmotor had already landed on the Hong Kong Stock Exchange one after another. The main reason why I chose Hong Kong stocks rather than listing on A-shares or US stocks is that the threshold for listing in A-shares is high, and the time it takes for companies to queue up to go public is high. As for the US stock market, although the listing threshold is relatively loose, it is prone to face pressure from the tightening of the US stock policy environment. Some Chinese stocks listed in the United States chose to be privatized and delisted some time ago, which fully considers the policy risks of US stock listing. Therefore, for Lantu Automobile, going public in Hong Kong is the best choice.

In addition, since the beginning of this year, the Hong Kong stock market has been active and has performed ahead in major markets around the world. Combined with Lantu Automobile itself as a high-quality asset with high growth, it is more attractive in investment in the bull market. The market is willing to give higher value judgments and it is easier to attract the attention of all kinds of funds.

As the Federal Reserve is about to enter a new round of interest rate cuts, it will prompt a lot of funds to flow to the Hong Kong stock market and a large number of high-quality assets in the Hong Kong stock market, bringing considerable liquidity supplements to high-quality assets.

If it can be launched independently, Lantu Automobile will participate in global competition with a clearer positioning, further enhancing its brand awareness and high-end image in the Chinese and even international markets. The funds obtained through the capital market can increase their R&D investment and market expansion, accelerate the construction of core technology barriers and occupy more market share, which will help Lantu gain the initiative in the current fierce competition in the new energy vehicle market.

In particular, Hong Kong's status as an international financial center will help Lantu Auto strengthen the trust of overseas markets in its brand, accelerate the expansion of overseas business, and may reduce the barriers to access in overseas markets. Industry insiders pointed out that the Hong Kong stock market has concentrated many world-class institutional investors, and enterprises conduct in-depth exchanges and cooperation with them, which can improve their own governance structure and align with international norms, thereby laying a solid foundation for the implementation of the globalization strategy.

In short, listing in Hong Kong will provide Lantu Auto with more abundant development resources, consolidate its leading advantages in the high-end new energy market, and accelerate its growth into a "new strength of Chinese car manufacturing" that competes on the same stage with international high-end brands.