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

Reuters

Dec 05

China ZhengTong Auto Services Acquires Xiamen Xindeco's 4S Dealership and Auto Sales Business

China ZhengTong Auto Services Holdings Ltd. has disclosed the acquisition of Xiamen Xindeco's 4S dealership and automobile sales and export business. The transaction involves the purchase of 100% equity interest in Xindeco ITG Automobile and 100% of the issued share capital of ITG Auto (Thailand), aiming to expand the group's vehicle transshipment capabilities and accelerate its internationalisation strategy. Certain directors with connections to the Xiamen Xindeco Group have abstained from voting on the board resolutions related to the deal.

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-20251205-11946624), on December 05, 2025, and is solely responsible for the information contained therein.

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