Dongfeng Honda Celebrates Completion of Construction of its Third Auto Plant in Wuhan, Hubei Province

April 12, 2019, China

Corporate

WUHAN, China, April 12, 2019 – Dongfeng Honda Automobile Co., Ltd., a Honda automobile production and sales joint venture in China, today held an opening ceremony to commemorate the completion of construction of its third automobile plant in Wuhan, Hubei Province, China. The ceremony was attended by approximately 400 attendees including representatives from the governments of Wuhan, Hubei Province, Mr. Zhu Yanfeng, Chairman of Dongfeng Motor Group Co., Ltd., as well as Takahiro Hachigo, President, Representative Director & CEO of Honda Motor Co., Ltd., and Yasuhide Mizuno, Chief Officer for Regional Operations (China) of Honda Motor Co., Ltd.

 the third plant of Dongfeng Honda Automobile Co., Ltd.

As a new plant capable of responding flexibly to the advancement of products, including the acceleration of electrification, this plant will accommodate production of electrified models. Moreover, this new plant is equipped with a water recycling system and emission treatment equipment which makes it more environmentally-responsible and realizes high efficiency through proactive adoption of automation in each production process. With such state-of-the-art production technologies, the plant will begin production before the end of this month.

About Dongfeng Honda Automobile Co., Ltd.

Established: July 2003
Head office location: Wuhan, Hubei Province, China
Capital investment: US$948 million
Capitalization ratio: 50% Dongfeng Motor Group Co., Ltd.
  40% Honda Motor Co., Ltd.
  10% Honda Motor (China) Investment Co., Ltd.
Representative: Tatsuya Natsume, President
Employment: Approximately 13,000 associates (as of April 2019)
Production capacity: First plant: Approximately 240,000 units/year
  Second plant: Approximately 240,000 units/year
  Third plant: Approximately 120,000 units/year

About the third plant of Dongfeng Honda Automobile Co., Ltd.

Location: Wuhan, Hubei Province, China
Employment: Approximately 1,800 associates (as of April 2019)
Investment amount: Approximately 3 billion R.M.B.