According to Tianyan investigation, GAC Honda is 50% owned by GAC Group, 40% by Honda Motor Co., Ltd., and 10% by Honda Motor Investment Co., Ltd.; Dongfeng Honda also adopted the same 50%, 40%, and 10% structure, and the Chinese shareholders were replaced by Dongfeng Motor Group. Both core joint ventures are owned by China and Honda, which means that the power route is not a headquarters-caliber one-way switch, but rather a renegotiation of the two joint venture product portfolios; hybrid is becoming a link between electric transformation and existing joint assets.

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