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BRIEF-Dongfeng Motor Group Co Updates On Capital Contribution To Dongfeng Nissan Auto Finance Co

Nov 2 (Reuters) - Dongfeng Motor Group Co Ltd:

* UNIT ENTERED 2018 CAPITAL CONTRIBUTION AGREEMENT IN RELATION TO INCREASE OF REGISTERED CAPITAL OF DNAF

* COMPANY AND NCIC WILL EACH MAKE A CAPITAL CONTRIBUTION TO DNAF

* UPON COMPLETION, REGISTERED CAPITAL IN DNAF WILL BE HELD AS TO 49.50% BY COMPANY AND 50.50% BY NISSAN JV PARTNERS RESPECTIVELY

* CO TO BUY 14% OF DONGFENG NISSAN AUTO FINANCE CO FROM DONGFENG MOTOR CO FOR RMB924 MILLION

* UPON COMPLETION OF CAPITAL CONTRIBUTION, REGISTERED CAPITAL OF DNAF WILL INCREASE TO RMB7.03 BILLION FROM RMB1.53 BILLION

* CO TO BUY 0.5% OF DONGFENG NISSAN AUTO FINANCE CO FROM NISSAN (CHINA) INVESTMENT CO FOR RMB33 MILLION Source text for Eikon: Further company coverage: