On May 12, Dongfeng Motor and COSCO Shipping signed a new round of strategic cooperation agreement in Wuhan, marking a new level of cooperation between the two sides.
Yang Qing, Chairman and Party Secretary of Dongfeng Motor, and Wan Min, Chairman and Party Secretary of COSCO Shipping, attended the signing ceremony and held discussions. Feng Changjun, President and Deputy Party Secretary of Dongfeng Motor, Wang Jun, Standing Member of the Party Committee and Vice President of Dongfeng Motor, and Zhang Feng, Vice President and Party Leadership Group Member of COSCO Shipping, attended the meeting.
According to the agreement, the two sides will focus on key directions such as overseas logistics and port unmanned container trucks, deepen strategic cooperation in multiple fields, and build a deeply collaborative partnership. This is an upgrade of cooperation based on Dongfeng Motor’s overseas development goals, following the initial signing of a strategic cooperation agreement in 2017.
To ensure efficient implementation of the cooperation, the two sides plan to establish a multi-level, multi-field regular communication mechanism. Focusing on key dimensions such as vehicle procurement, port unmanned container trucks, shipping route capacity, and overseas development, they will coordinate strategic planning, resource synergy, and project advancement, jointly enhancing global supply chain resilience and intelligence, and supporting the high-quality “going global” of China’s automotive industry.
Yang Qing thanked COSCO Shipping for its long-term support. He stated that in recent years, Dongfeng Motor has continuously accelerated its pace of transformation and upgrading. In 2025, its new energy vehicle sales exceeded one million units, with independent brands accounting for 63%. Going forward, Dongfeng will anchor its international leap, fully tackle overseas markets, and accelerate toward the milestone of exporting one million vehicles. Dongfeng is willing to deeply collaborate with COSCO Shipping in areas such as logistics coordination, port unmanned and intelligent operations, and overseas cooperation, promoting “joint overseas expansion” to achieve mutual benefit and win-win results.
Wan Min reviewed the long-standing good cooperation foundation between the two sides. He stated that COSCO Shipping will leverage its global port, warehousing, and digital supply chain systems to provide Dongfeng with integrated services including shipping, warehousing, and distribution. He expressed hope to jointly build a global green, digital, and intelligent integrated logistics supply chain service ecosystem with Dongfeng, and to deepen cooperation in areas such as unmanned container trucks, electric trucks, and green low-carbon logistics.
Before the discussions, Wan Min and his delegation visited the Dongfeng Motor Global Innovation Center, observed the latest technological demonstrations in vehicle manufacturing, intelligent driving, and the three-electric system, and gained detailed insights into Dongfeng Motor’s corporate development history, technological innovation achievements, and the latest progress in its new energy transformation.
It is understood that COSCO Shipping was formally established in Shanghai in February 2016 through the restructuring and merger of two central state-owned enterprises—China Ocean Shipping (Group) Company and China Shipping (Group) Company—and is a super-large state-owned enterprise directly managed by the central government. As a “flagship” enterprise in China’s shipping industry, COSCO Shipping has achieved multiple world firsts in operational scale and has been listed in the Fortune Global 500 for many consecutive years. The global port network invested in and operated by COSCO Shipping will also inject strong momentum into Dongfeng Motor’s internationalization process.
The strong alliance between these two central enterprises deeply demonstrates the solid strength and responsibility of central enterprises in jointly expanding overseas, providing more robust supply chain support for Dongfeng’s full-brand global expansion, and helping Chinese automotive brands race across the globe with a more stable posture.
