- Voyah has secured approval from China's securities regulator for its planned Hong Kong listing as Dongfeng reorganizes its financing channels.
- Voyah will list on the Hong Kong stock market via an introductory listing, while Dongfeng will be privatized and delisted.
Voyah, the premium electric vehicle (EV) unit of Dongfeng Motor Group, has received approval from the securities regulator of Chinese mainland for its planned Hong Kong listing as the automaker restructures its financing channels.
The China Securities Regulatory Commission (CSRC) has issued Voyah a filing notice permitting it to proceed with its Hong Kong listing, according to an announcement on the CSRC website Wednesday.
Voyah must complete the listing within 12 months of the filing notice's issuance date. Should it exceed this period while intending to proceed, updated filing materials must be submitted.
The listing still requires approval from Hong Kong's securities regulator.
Voyah was announced as a new brand by Dongfeng in late 2020 and formally established in 2021.
It targets the premium EV market, with its first model, the Voyah Free, launched in China in June 2021 and deliveries commencing in August 2021.
In August 2025, Dongfeng announced that Voyah would list on the Hong Kong stock market via an introductory listing, while Dongfeng itself would delist through privatization.
An introductory listing is a method for existing securities to apply for listing. Its key feature is that it does not involve issuing new shares or raising capital during the listing process; it only lists securities held by existing shareholders for trading on the exchange.
Due to valuation constraints, Dongfeng has not conducted any equity refinancing since its listing, effectively losing the financing function of its H-share platform.
In contrast to Dongfeng's undervalued performance, Voyah has maintained robust growth momentum in recent years and represents one of its most valuable and high-growth premium assets, the automaker previously said.
In October last year, Voyah submitted its Hong Kong listing application with CICC as its sole sponsor.
