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china zhengtong auto service (1728) Snapshot

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china zhengtong auto service (1728) Details

China ZhengTong Auto Services Holdings Limited, an investment holding company, principally engages in the 4S dealership, motor-related logistics, and lubricant oil trading businesses in the People’s Republic of China. The company operates in three segments: 4S Dealership Business, Logistics Business, and Lubricant Oil Business. It is involved in the sale of motor vehicles and motor spare parts; and provision of maintenance services. The company provides motor-related and mobile related logistics services; and trades lubricant oil. It focuses on the dealership of premium and ultra premium branded automobiles, including BMW, MINI, Audi, Jaguar, Land Rover, Volvo, Imported Volkswagen, Benz, Cadillac, Infiniti, Acura, Lamborghini, and Porsche; and operates dealership stores of middle market brands, such as Nissan, Hyundai, and Honda. The company develops real estate properties; and offers property management, insurance, and consulting services. As of December 31, 2014, it operated 105 dealership outlets in 37 cities in 15 provinces. China ZhengTong Auto Services Holdings Limited was founded in 1999 and is headquartered in Beijing, the People’s Republic of China.

8,784 Employees
Last Reported Date: 09/25/15
Founded in 1999

china zhengtong auto service (1728) Top Compensated Officers

Chief Executive Officer, Executive Director, ...
Total Annual Compensation: CNY1.7M
Chief Financial Officer, Executive Director a...
Total Annual Compensation: CNY1.6M
Vice President, Executive Director, Member of...
Total Annual Compensation: CNY1.1M
Compensation as of Fiscal Year 2014.

china zhengtong auto service (1728) Key Developments

China Zhengtong Auto Services Holdings Limited Announces Board Changes

The board of directors of China Zhengtong Auto Services Holdings Limited announced that Mr. Chen Tao ("Mr. Chen") has resigned as an executive Director and vice president of the Company for personal reasons (the "Resignation") with effect from 16 November 2015. Mr. Chen has confirmed that he does not have any disagreement with the Board and that there are no other matters relating to his Resignation that need to be brought to the attention of the shareholders of the Company. The board also announced that, Mr. Li Yi ("Mr. Li"), chief operating officer of the Company, and Mr. Wan To ("Mr. Wan"), vice president of the Company, have each been appointed as an executive Director of the Company with effect from 16 November 2015 immediately following the Resignation. Mr. Li had held a number of senior management positions at the headquarters and several principal subsidiaries of the Group since joining the Group in February 2004. Mr. Wan had been assistant to chief executive officer and general manager of the network development department of the Company since joining the Group in January 2008.

China Zhengtong Auto Services Holdings Limited Announces Unaudited Consolidated Earnings Results for the Six Months Ended 30 June 2015

China Zhengtong Auto Services Holdings Limited announced unaudited consolidated earnings results for the six months ended 30 June 2015. For the period, the company reported turnover of RMB 13,870,277,000 against RMB 15,609,267,000 a year ago. Profit from operations was RMB 715,090,000 against RMB 941,164,000 a year ago. Profit before taxation was RMB 494,325,000 against RMB 727,797,000 a year ago. Profit for the year attributable to owners of the parent was RMB 346,933,000 against RMB 499,328,000 a year ago. Diluted earnings per share attributable to ordinary equity holders of the parent were 15.7 cent against 22.6 cent a year ago. The group had net cash inflow of RMB 713 million in its operating activities, compared with RMB 225 million net cash outflow for the same period last year. The decrease in revenue was mainly due to the slowdown of market growth of new passenger motor vehicles in China in the first half of 2015. For the six months ended 30 June 2015, the Group's capital expenditure and investment were approximately RMB 660 million.

China Zhengtong Auto Services Holdings Limited Presents at China Investor Conference - Shenzhen 2015, Nov-02-2015

China Zhengtong Auto Services Holdings Limited Presents at China Investor Conference - Shenzhen 2015, Nov-02-2015 . Venue: Ritz Carlton, Shenzhen, China. Speakers: KAFU YU, DIRECTOR of HR.


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