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

Reuters

Dec 24, 2025

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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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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      \n\n\nDisclaimer: 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. 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