China ZhengTong Auto Services completed its acquisition of Xiamen Xindeco’s 4S dealership and automobile sales and export business after independent shareholder approval at an EGM. Completion for both the PRC and Thailand parts of the transaction took place on 12 March 2026. Following completion, Xindeco ITG Automobile and ITG Auto (Thailand) became wholly owned subsidiaries of the group.
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-20260312-12050205), on March 12, 2026, and is solely responsible for the information contained therein.