Wednesday, May 11, 2011

2011-05-11: ZX, China Zenix Auto International

Remark
. Chinese
. featured in IBD


IPO Date & Price
Symbol: ZX, China Zenix Auto International
IPO Date: 2011-05-11
Offer price/share: $6 x 12.9M = $77.4M

Underwriters
Joint Book Runner: Morgan Stanley
Co Manager: William Blair, Oppenheimer & Co.

Business
Sector: N/A
Industry: N/A
Full Time Employees: 5,185
Founded: 2003

China's largest manufacturer of commercial vehicle wheels

China Zenix Auto International Ltd. , an investment holding company, engages in the research, development, production, and sale of commercial vehicle wheels to after market and original equipment manufacturer market in the People’s Republic of China. It offers approximately 80 series of tubed steel wheels, 70 series of tubeless steel wheels, and 80 series of off-road steel wheels. The company markets its products under Zhengxing, Zhengxing Prince, Haixia, Zhengchang, Lianxing, and CZX brands. China Zenix Auto International Ltd. sells its products directly and through distributors. It also exports its products to 30 countries worldwide, including Indonesia, Malaysia, and Thailand. The company was formerly known as Richwheel Limited and changed its name to China Zenix Auto International Ltd. in November 2010. The company was founded in 2003 and is headquartered in Zhangzhou, China

Yahoo: http://finance.yahoo.com/q/pr?s=ZX

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