China ZhengTong Auto Services Holdings Limited (ZhengTong Auto) has announced a second extension of the long stop date for its planned placement of new shares under a specific mandate. The deadline has been moved from 30 September 2026 to 30 November 2026, allowing additional time for potential investors to finalise their commitments.

All other provisions of the Placing Agreement remain unchanged. Completion of the placement continues to hinge on the fulfilment of certain precedent conditions, and there is no assurance that the transaction will proceed.

The company previously disclosed initial placement terms on 30 June 2026, followed by updates on 10 August and 31 August 2026, and detailed the proposal in a circular dated 22 July 2026. ZhengTong Auto advises shareholders and prospective investors to exercise caution when dealing in its securities.