Diamond Aircraft has reportedly been sold to the Wanfeng Auto Holding Group, a Chinese conglomerate. According to the English language CRJEnglish news service, the deal was closed at Diamond’s London, Ontario factory on Dec. 13. CRJEnglish quoted another outlet, the Chinese-government owned The Paper site.
Diamond’s Austria headquarters described the purchase as a “strategic reinvestment” that gives Wanfeng 60 percent of the shares in only the London-based based business. It evidently does not affect Diamond’s Austria based operations. Diamond has had a position in China for more than a decade and has a manufacturing facility there. Wanfeng is based in Zhejiang and includes aircraft manufacturing, robotics and financial services in its business portfolio.
Interesting to see how GA production is slowly but surely being Chinatized. Wanfeng’s colleagues revived the Mooney product line so let’s assume Wanfeng will revive the Diamond Jet (that was developed from the Canadian facility)! 
IMHO the D-Jet was cancelled because it didn’t have a market. It had a FL250 ceiling, IIRC, which makes it rather pointless because it cannot outclimb most warm front wx so you would spend a lot of time collecting ice. It was conceived in the “VLJs will be everywhere” era which has comprehensively collapsed.
A lot of people thought the Chinese (who are not stupid and usually do stuff for a reason) were buying up GA assets in anticipation of the Chinese GA scene exploding but it shows no sign of it as yet.
However, many businesses are bought for unrelated reasons e.g. sentimental (e.g. Chinese are very fond of old film cameras and lenses) or to just spend some cash 
What’s happened to Mr Dries?
I toured the London (Canada) manufacturing facility at the time they had 3 D-jets at various stages of production. They might want to re-start the D-jet program but that would be a circa $100 million investment to bring it to certification so the ROI numbers will be difficult to make work. Cirrus has sold 600 of their Vision Jet so at $2.2 million each (with options) this represents sales of approximately $1.3 billion over the next 5 years but the market for a D-jet would presumably be much smaller.
Seems like a rather complex setup. They have used a scalpel to separate the assets.
Umm. So Diamond Austria have basically sold the DA40 and 62 to the Chinese. That is really unexpected. I wonder how long Diamond will continue to produce in Austria, the DV20 and DA42 seem to be rather a small left over. Particularly the transfer of the DA40 in complete is stunning and unexpecte to say the least.
I am most surprised they sell their newest flagship… which by the way seems to be selling quite well.
