[10 December 2010, Hong Kong] China ZhengTong Auto Services Holdings Limited (“ZhengTong Auto” or the “Company”, together with its subsidiaries, the “Group” Stock code: 1728 ), the second largest BMW dealer and a major 4S dealership group in China, commenced trading on the Main Board of The Stock Exchange of Hong Kong Limited (“HKEx”) today.
Shares of ZhengTong Auto were actively traded with an intra day high of HK$7.62 per share and closing at HK$7.39 per share, representing a rise of approximately 1.23% from its offer price of HK$7.30 per share. A total of approximately 118.899 million shares were traded, with an aggregate turnover of approximately HK$882.7 million.
J.P. Morgan Securities (Asia Pacific) Limited is the Sole Global Coordinator. J.P. Morgan Securities (Asia Pacific) Limited and CCB International Capital Limited are the Joint Sponsors, Joint Bookrunners and Joint Lead Managers of the Hong Kong Offer.
Executive Director & Chief Executive Officer of ZhengTong Auto, Mr. WANG Kunpeng, together with senior management members of the Company and committee members of the HKEx.

Mr. WANG Kunpeng, Executive Director & Chief Executive Officer of ZhengTong Auto (left), presented souvenir to Mr. Lawrence Fok, Chief Marketing Officer of the HKEx (right).
2010-12-10