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China Zhengtong Auto Services Appoints ITG Veteran Yu Lijie as Executive Director

Story Highlights
  • China Zhengtong Auto Services appointed ITG executive Yu Lijie as executive director effective 6 January 2026.
  • With decades in state-owned enterprise finance and audit, Yu’s appointment strengthens governance and alignment with controlling shareholder ITG Holding.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Zhengtong Auto Services Appoints ITG Veteran Yu Lijie as Executive Director

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China Zhengtong Auto Services Holdings ( (HK:1728) ) just unveiled an announcement.

China Zhengtong Auto Services Holdings has appointed Ms. Yu Lijie as an executive director with effect from 6 January 2026, strengthening its board with a senior executive from its controlling shareholder, Xiamen ITG Holding Group. Yu, 50, currently serves as General Manager of the Internal Control and Audit Department at ITG Holding and has nearly three decades of experience in financial management, internal control and audit in state-owned enterprises, including prior roles as vice president and CFO at Xiamen ITG Group and senior finance positions at ITG Holding and its predecessor. Under a three-year service contract, she will initially receive no remuneration as an executive director, with the company’s remuneration committee to review this in due course, signaling a governance-driven appointment that may further align the listed group’s oversight, control and financial discipline with those of its state-owned controlling shareholder.

More about China Zhengtong Auto Services Holdings

China Zhengtong Auto Services Holdings Limited is a Hong Kong-listed automotive services group engaged in the sales and servicing of motor vehicles, operating within China’s auto distribution and related services sector. The company is controlled by Xiamen ITG Holding Group Co., Ltd., a state-owned enterprise, and its business is closely linked to the broader state-owned industrial and trading ecosystem.

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.43B

For detailed information about 1728 stock, go to TipRanks’ Stock Analysis page.

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