[7 March 2011 – 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, is pleased to announce that ZhengTong Auto has been selected as an H-share constituent of Hang Seng Composite Index (“HSCI”), effective from 7 March 2011.
Commenting on the selection, Executive Director & Chief Executive Officer of ZhengTong Auto, Mr. WANG Kunpeng said, “The Index is an important, extensively representative benchmark in the global capital market, which helps investors better assess the Group’s future potential. We are proud to be one of the constituent stocks of the Hang Seng Index. The inclusion shows that the Group has been recognized as a major player in the Hong Kong stock market. The Group will continue to take every opportunity and strive to develop the 4S dealership business for an excellent performance.”
The Hang Seng Composite Index is one of the Indexes in Hong Kong stock market. It is calculated by Hang Seng Indexes Company Limited under Hang Seng Bank Limited and was established on 3 October, 2011. The Hang Seng Composite Index Series ("HSCI Series") includes Hang Seng Composite Index, Hang Seng Composite Industry Index and Hang Seng Composite Size Index, comprising the top 200 Hong Kong listed companies in terms of market capitalization and covering about 97% of the total market capitalization of the stocks listed on the Main Board of the Stock Exchange of Hong Kong ("SEHK"). The index provides a comprehensive benchmark of performance of the stocks listed on the SEHK. According to the index review by Hang Seng Indexes Company Limited, there are 371 constituents in the Composite Index after constituent changes.