China ZhengTong Auto Services Holdings Limited (“ZhengTong Auto” or the “Company” and, together with its subsidiaries, the “Group”, Stock code: 1728), a major premium branded 4S dealership group in China, is pleased to announce that the Company ranked number seven on “Top 100 China Automobile Dealers List 2011”. As a premium branded automobile dealership group, ZhengTong Auto ranked number one among its peers.
China Automobile Dealers Association has been organizing the Top 100 ranking activity for automobile dealers since 2009. The aim of the activity is to strengthen the communication between automobile dealership industry and the society, promote the support and concern for the industry from the society and further enhance the recognition and competitiveness of the leading enterprises. The statistical work of the Top 100 List of this year has received extensive supports from the automobile dealership organizations from different regions. The ranking focused on the profitability, growth and stability of the automobile dealers, which were sorted according to composite indices such as major business revenue and the sales volume of automobile. The ranking activity was stringently assessed by the “Top 100 China Automobile Dealers Office”, ensuring the results can accurately reflect the development of the industry.