The planned IPO of China Zhengtong Auto Services Holdings will look to raise up to US$554m, documents have suggested.
According to a Dow Jones report, a term sheet sets out that the Chinese auto company is selling 500m shares in an indicative price range of HK$6.80-HK$8.60 each.
Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action Continental has secured the Window Displays Innovation Awardin the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.
