Dongzheng Finance (02718) issued an announcement. As of the date of this announcement, although the company has continued to engage with potential investors regarding the proposed issuance...
Zhitong Finance App News, Dongzheng Finance (02718) issued an announcement. As of the date of this announcement, although the company has continued to contact potential investors regarding the proposed issuance, since the company suspended trading of the company's H shares in October 2022, due to macroeconomic market conditions, the company has not been able to find investors with firm intentions.
The company is an auto finance company licensed and supervised by the China Financial Supervisory Authority. Its main business covers auto loan business, providing loans, direct rental products and other financial services for end customers, major customers and corporate customers to buy cars in China. Since the suspension of trading of H shares on October 7, 2022, the company's overall business operations have remained normal in all major aspects.
Furthermore, trading continues to be suspended.