China ZhengTong Auto shares remain suspended in Hong Kong over public float shortfall

Reuters04-01

China ZhengTong Auto shares remain suspended in Hong Kong over public float shortfall

China ZhengTong Auto Services shares remain suspended on Hong Kong Stock Exchange following suspension effective 2 July 2025.
Company is working to meet Stock Exchange resumption guidance focused on restoring minimum public float.
Offeror Xinda Motors engaged China International Capital Corporation Hong Kong Securities to place down shares to rebuild public float.
Talks with potential investors have not produced binding commitments, with some investors waiting for annual results published 30 March 2026.
Company expects additional time to complete public float measures, keeping trading halted until further notice.

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-20260331-12083221), on March 31, 2026, and is solely responsible for the information contained therein.

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