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July 18, 2014
07:07 EDTZXChina Zenix Auto announces withdrawal of preliminary restructuring proposal
China Zenix Auto announced that its board has received a letter from Jianhui Lai, the chairman and CEO, RichWise International Investment Group Limited and certain of its affiliated entities, withdrawing the preliminary non-binding proposal for a business restructuring dated November 23, 2013. Jianhui Lai commented, "I believed the proposal could have offered shareholders an alternative to increase shareholder value through an online business operation. As the largest shareholder in China Zenix, my interests are aligned with the company's. However, upon assessment of changes in market conditions, it is in the best interest of the company and its shareholders as a whole that the preliminary proposal be withdrawn."
News For ZX From The Last 14 Days
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October 17, 2014
06:07 EDTZXChina Zenix Auto announces change in auditing firm
China Zenix Auto announced it has engaged Crowe Horwath CPA as Zenix Auto's new independent auditing firm effective immediately. The appointment of Crowe Horwath was made by the company's board based on the recommendation of the Audit Committee. There are no disagreements between Zenix Auto and its former auditor, Deloitte Touche Tohmatsu, and the board is not aware of any other matters in relation to the change of auditors that need to be brought to the attention of the shareholders.
October 13, 2014
08:02 EDTZXChina Zenix Auto supplies aluminum wheels to CIMC-Chery Auto
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