[June 30^th 2014] A leading domestic 4S dealership group focused on dealership of luxury and ultra-luxury branded automobiles, China ZhengTong Auto Services Holdings Limited ("ZhengTong Auto" and together with its subsidiaries the “Group”) is glad to announce the grand opening of Baoze Auto Sales Service Limited. Baoze, authorized by the BMW (China) and BMW (Germany) Group, is the auto service center of Sales, Aftersales, Information R&D, Component Supply and used car business in Hubei with 70,000,000RMB investment. Baoze owns several BMW models and imported technologies and equipment from Germany to provide better products and services for customers.