May 12, 2011, China Zenix Auto International Limited (NYSE: ZX) (”Zenix Auto”) announced its initial public offering of 12, 900, 000 American depositary shares (ADSs), at US$ 6.00 per ADS, with a total offering size of US$ 77.4 million. The ADSs began trading on the New York Stock Exchange on May 11, 2011 under the symbol "ZX".
Zenix Auto is a commercial vehicle manufacturer and after-sale service provider, specializing in the research, development, production and sales of various automobile wheels. It has established nationwide marketing network in China with five production bases respectively in Fujian, Hebei, Sichuan, Anhui, and Liaoning.
Jingtian & Gongcheng represented the issuer on the PRC law in the listing.