Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

China ZhengTong Auto Services Holdings Limited

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1728) VOLUNTARY ANNOUNCEMENT THE POTENTIAL SPIN-OFF OF THE AUTOMOBILE SUPPLY CHAIN BUSINESS FOR SEPARATE LISTING ON ONE OF THE STOCK EXCHANGES LOCATED IN THE PRC

The Board of directors (the "Board") of China ZhengTong Auto Services Holdings Limited 9=
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wishes to make a voluntary disclosure to inform the holders of the shares of the Company (the
"Shareholders") and the potential investors of the Company that the Company is currently in the process of selecting and appointing professional consultants to provide professional services in relation to the potential spin-off ("Potential Spin-off") of the automobile supply chain business of the Group for separate listing ("Separate Listing") on one of the stock exchanges located in the PRC.
The Potential Spin-off will (among others) enable the Group to capitalize the potential value of the automobile supply chain business and further enhance the reputation of the Group.
The Potential Spin-off is at its preliminary stage. If the Potential Spin-off takes place, the Company will submit a spin-off proposal to the Stock Exchange of Hong Kong Limited (the "Stock Exchange") in accordance with the PN15 of the Rules Governing the Listing of Securities on the Stock Exchange(the "Listing Rules"). The implantation of the Potential Spin-off is subject to various conditions and factors, including the approval of the Stock Exchange on the Potential Spin-off, the approval of the China Securities Regulatory Commission ("CSRC") on the Separate Listing, the final decision of the Board, the market conditions and the Board's considerations in relation to the benefits which could be brought to the Company and its shareholders as a whole. The Shareholders and the potential investors of the Company are reminded that there is no certainty as to whether, and if so, when the Potential Spin-off will take place.
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Shareholders and potential investors of the Company should exercise caution when dealing in shares of the Company.

The Company will make further announcement(s) in relation to the Potential Spin-off in accordance with the requirements of the Listing Rules and/or Part XIVA of the SFO as and when appropriate.

By order of the Board China ZhengTong Auto Services Holdings Limited WANG Muqing

Chairman

Hong Kong, 20 July 2015

As at the date of this announcement, the Board comprises Mr. WANG Muqing (Chairman), Mr. WANG Kunpeng (Chief Executive Officer), Mr. LI Zhubo, Mr. CHEN Tao and Mr. SHAO Yong Jun as executive Directors; and Dr. WONG Tin Yau, Kelvin, Mr. ZHAO Chunjun and Mr. CHANG Xiuze as independent non-executive Directors.

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