China ZhengTong Auto Services to Acquire Xiamen Xindeco’s 4S Dealership and Auto Sales Business

Reuters

2025/12/24

China ZhengTong Auto Services to Acquire Xiamen Xindeco’s 4S Dealership and Auto Sales Business

China ZhengTong Auto Services Holdings Ltd. has provided an update regarding its acquisition of Xiamen Xindeco's 4S dealership and automobile sales and export business. The transaction involves the transfer of 100% equity interest in Xindeco ITG Automobile from Xiamen Xindeco to Xiamen ZhengTong and the transfer of 100% of the issued share capital of ITG Auto (Thailand) from Sindanol and Xindeco (Singapore) to Tongda Group and Rising Wave. The completion of the deal remains subject to certain conditions precedent under the relevant acquisition agreements.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China ZhengTong Auto Services Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251224-11967202), on December 24, 2025, and is solely responsible for the information contained therein.

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The transaction involves the transfer of 100% equity interest in Xindeco ITG Automobile from Xiamen Xindeco to Xiamen ZhengTong and the transfer of 100% of the issued share capital of ITG Auto (Thailand) from Sindanol and Xindeco (Singapore) to Tongda Group and Rising Wave. The completion of the deal remains subject to certain conditions precedent under the relevant acquisition agreements.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China ZhengTong Auto Services Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251224-11967202), on December 24, 2025, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"000701","symbol_name":"厦门信达","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251224:nNDLM65CK:1","article_id":"2593940479","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2593940479","pubTimestamp":1766574125,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"China ZhengTong Auto Services Holdings Ltd. has provided an update regarding its acquisition of Xiamen Xindeco's 4S dealership and automobile sales and export business. 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