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14-544: DFAC may refer to: Dongfeng Automobile Company , a Chinese automobile company Dunedin Fine Art Center , a museum in Dunedin, Florida, U.S. A US Army abbreviation for a dining facility Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with the title DFAC . If an internal link led you here, you may wish to change

28-541: A debt restructuring . In 2003, the shares were transferred again, to a Sino-Japanese joint venture [new] Dongfeng Motor Co., Ltd. ( Chinese : 东风汽车有限公司 ). In 2010, it was reported that the company started to build its electric bus assembly line. DFAC acquired 51% stake of Zhengzhou Nissan Automobile ( Chinese : 郑州日产汽车有限公司 ) in 2005 for CN¥352 million from two other state-owned companies: CITIC Automobile (of CITIC Group ) and Zhengzhou Light Vehicle Works ( Chinese : 郑州轻型汽车制造厂 ). DFAC also subscribed

42-525: A capital increase of Zhengzhou Nissan, for CN¥530 million in 2008. On 13 June 2017, DFAC announced to sell Zhengzhou Nissan to the direct parent company Dongfeng Motor Co., Ltd. for about CN¥788 million, subject to the approval of extraordinary general meeting . It was approved on 28 June. Dongfeng Cummins Engine Co., Ltd. ( Chinese : 东风康明斯发动机有限公司 ; abb. DCEC), a joint venture of Cummins and Dongfeng in Xiangyang (formerly called Xiangfan),

56-417: Is a meeting of members of an organisation, shareholders of a company, or employees of an official body that occurs at an irregular time. The term is usually used where the group would ordinarily hold an annual general meeting (AGM) but where an issue arises that requires the input of the entire membership and is too serious or urgent to wait until the next AGM. Members and/or shareholders must be informed of

70-463: Is that the board has a better knowledge of the situation, and the resolution is in effect their ideal solution, but it may not be in the interests of individual shareholders. Usually, the chairman of the EGM reads out and recommends the resolution to those present for approval, takes questions about the resolution from those present, supervises the vote and declares the result. The rules for conducting an EGM and

84-558: The Chinese market. It also makes diesel engines in a 50-50 joint venture with Cummins , Inc. known as Dongfeng Cummins Engine Co. Ltd. As of May 2018 , DFAC is a constituent of small cap index SSE 380 Index . The predecessors of Dongfeng Automobile Company, were a light commercial vehicles factory, an engine factory and a foundry of Dongfeng Motor Corporation, that were located in Xiangyang, Hubei province. Founded in Shiyan in 1969,

98-637: The date of receiving the license of incorporation, or 15 July, the date of the first annual general meeting . In the same year the rest of the shares were floated on the Shanghai Stock Exchange . The company also signed a leasing agreement with Dongfeng Motor Corporation, regarding the land lease and trademarks. In 2001, the shares held by Dongfeng Motor Corporation were transferred to an intermediate parent company Dongfeng Motor Group ( Chinese : 东风汽车集团股份有限公司 ; known as Dongfeng Motor Co., Ltd. ( Chinese : 东风汽车有限公司 ) at that time), as part of

112-414: The link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=DFAC&oldid=1233917904 " Category : Disambiguation pages Hidden categories: Short description is different from Wikidata All article disambiguation pages All disambiguation pages Dongfeng Automobile Company It makes light commercial vehicles for

126-723: The logistics industry and are mainly rebadged variants of gasoline-powered vans sold under the Yufeng series. The Dongfeng Yufeng was originally a full size van, which later spawned an electric variant called the Yufeng EM19 which became the start of the Yufeng series. The light commercial vehicle products of Dongfeng Automobile Company are sold under the Dongfeng Automobile Company subsidiary, Vasol (Dongfeng Huashen) (东风华神) brand. Extraordinary general meeting An extraordinary general meeting , commonly abbreviated as EGM ,

140-588: The options for altering a resolution at an EGM or for taking proxy votes will vary from one organisation to another. In some settings, this is known as a special general meeting or an emergency general meeting. In the United Kingdom, the directors of a public company must convene an EGM if the net assets fall to half or less of the amount of its called-up share capital (section 656 of the Companies Act 2006 ). Shareholders who meet certain criteria can requisition

154-438: The purpose of the EGM so that they may attend in a position where they can discuss and exercise intelligent judgment, or else any resolutions passed are invalid. Before the EGM the board of the organisation will have agreed upon one or more resolutions that will be put to the shareholders or members for approval at the EGM. The wording of the resolution is sent to the shareholders with a note about its importance. The theory

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168-458: The second largest shareholder of Dongfeng Automobile Company. The light commercial vehicle products of Dongfeng Automobile Company are sold under the DFAC brand. The electric light commercial vehicle products of Dongfeng Automobile Company are Dongfeng Electric Light Trucks sold under the DFAC or Captain (凯普特) brand. The electric commercial vans of Dongfeng Automobile Company are mainly developed for

182-511: The ultimate parent company Dongfeng Motor Corporation was headquartered in Wuhan, the provincial capital of Hubei since 2003. However, the headquarter of Dongfeng Automobile Company was remained at Xiangyang. The first factory of Dongfeng Motor in Xiangyang was first built in 1983. Dongfeng Automobile Company Limited ( Chinese : 东风汽车股份有限公司 ; abb. DFAC) was incorporated as a subsidiary (70% shares) of Dongfeng Motor Corporation on 21 July 1999,

196-612: Was established in 1995. It manufactured heavy duty vehicle engines. DFAC was majority owned by a joint venture Dongfeng Motor Co., Ltd. , making DFAC was indirectly owned by the Chinese Government (via Dongfeng Motor Corporation), the French State (via Renault), H share shareholders of Dongfeng Motor Group and other shareholders of Nissan and Renault (via Nissan). The Chinese Government also owned an additional 2.74% shares via their sovereign wealth fund Central Huijin as

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