Its principal activity was the production, distribution and sale of Luxgen passenger cars in mainland China.
[citation needed] Dongfeng Yulon was formally established on 14 December 2010, with the two partners agreeing to invest an initial 3.4 billion yuan (US$510 million) in the venture.
[1][2] Dongfeng Yulon began production of its first model, the Luxgen 7 SUV, on 28 July 2011.
[4] Due to declining sales of the past years, Dongfeng Yulon entered bankruptcy liquidation in November 2020.
[2] Dongfeng Yulon sold a total of 31,106 vehicles in 2011, the majority of which were Luxgen 7 models.