0000898432-18-001451.txt : 20181211 0000898432-18-001451.hdr.sgml : 20181211 20181211163055 ACCESSION NUMBER: 0000898432-18-001451 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20181211 FILED AS OF DATE: 20181211 DATE AS OF CHANGE: 20181211 FILER: COMPANY DATA: COMPANY CONFORMED NAME: China Zenix Auto International Ltd CENTRAL INDEX KEY: 0001506756 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-35154 FILM NUMBER: 181229061 BUSINESS ADDRESS: STREET 1: 1608, North Circle Road State Highway STREET 2: Zhangzhou CITY: Fujian Province STATE: F4 ZIP: 363000 BUSINESS PHONE: (86) 596-2600308 MAIL ADDRESS: STREET 1: 1608, North Circle Road State Highway STREET 2: Zhangzhou CITY: Fujian Province STATE: F4 ZIP: 363000 6-K 1 a6-k.htm


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 


Form 6–K
 

 

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
 
For December 11, 2018
 
Commission File Number 001-35154
 


CHINA ZENIX AUTO INTERNATIONAL
LIMITED
(Translation of registrant’s name into English)
 


No. 1608, North Circle Road State Highway
Zhangzhou, Fujian Province 363000
People’s Republic of China
(Address of principal executive office)
 


Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
 
Form 20-F  ☒          Form 40-F  ☐
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ☐
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ☐
 
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.    Yes  ☐    No  ☒
 
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 
82-______ .
 
 

CHINA ZENIX AUTO INTERNATIONAL LIMITED
 
Form 6-K
 
TABLE OF CONTENTS
 
         
 
  
Page
 
   
Explanatory Note
  
 
Page 2
 
   
Signatures
  
 
Page 3
 
         
Press Release Regarding Delisting of Shares
   
Exhibit 99.1
 

EXPLANATORY NOTE
 
On June 14, 2018 China Zenix Auto International Limited (the “Company”) was notified by the New York Stock Exchange LLC (the “NYSE”) of its determination to commence proceedings to delist the American Depository Shares of the Company (the “ADSs”). On December 6, 2018, the NYSE filed a Form 25 with the Securities and Exchange Commission to remove the ADSs from listing and registration on the NYSE, to be effective on the opening of business on December 17, 2018.
 
The Company’s common stock remains quoted and traded on the OTC market under the symbol ZXAIY. The Company is reviewing its options to list with other exchanges and will continue filing its periodic reports with the Securities and Exchange Commission.
 
On December 7, 2018 the Company issued a press release regarding the delisting decision by the NYSE. A copy of the press release is attached hereto as Exhibit 99.1.
 
2


SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
 
 
 
China Zenix Auto International Limited 
   
 
 
 
 
 
By: 
/s/ Martin Cheung
 
 
 
Name: 
Martin Cheung
    Title: 
Chief Financial Officer

Date: December 11, 2018
 
 
3
EX-99.1 2 ex99-1.htm
 
 
 

China Zenix Auto International Announces
NYSE Rejection of Listing Appeal

ZHANGZHOU, China, December X, 2018 – China Zenix Auto International Limited (OTC: ZXAIY) (“the Company”), the largest commercial vehicle wheel manufacturer in China in both the aftermarket and OEM market by sales volume, today announced that a Committee of the Board of Directors of the New York Stock Exchange (the “Exchange”) affirmed the decision of the Exchange to delist the Company’s American Depositary Shares (“ADSs”).

The Company’s common stock remains quoted and traded on the OTC market under the symbol ZXAIY, and the Company is reviewing its options to list with other exchanges.

The Company remains committed to protecting shareholder value with a strong cash position as bank balances and cash, pledged bank deposits and fixed bank deposits with a maturity period over three months, totaled RMB1,293.8 million (US$188.4 million) as of September 30, 2018. Revenue was up 13.5% year-over-year with net cash flow from operating activities of RMB155.2 million (US$22.6 million) in the third quarter ended September 30, 2018.

For the nine months ended September 30, 2018, revenue was RMB2,454.2 million (US$357.3 million), up 17.2% year-over-year, and net profit and total comprehensive income for the period was RMB5.2 million (US$0.8 million) with earnings per ADS of RMB0.10 (US$0.01).

The Company will continue filing its periodic reports with the Securities Exchange Commission.

About China Zenix Auto International Limited

China Zenix Auto International Limited is the largest commercial vehicle wheel manufacturer in China in both the aftermarket and OEM market by sales volume. The Company offers more than 830 series of aluminum wheels, tubed steel wheels, tubeless steel wheels, and off-road steel wheels in the aftermarket and OEM markets in China and internationally. The Company's customers include large PRC commercial vehicle manufacturers, and it also exports products to over 71 distributors in more than 28 countries worldwide. With six large, strategically located manufacturing facilities in multiple regions across China, the Company has a designed annual production capacity of approximately 15.5 million units of steel and aluminum wheels as of September 30, 2018. For more information, please visit: www.zenixauto.com/en.

Safe Harbor

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of
 
1

 
1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. The Company may make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement. Further information regarding these risks is included in our filings with the SEC. The Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law. All information provided in this press release and in the attachments is as of the date of the press release, and the Company undertakes no duty to update such information, except as required under applicable law.

For more information, please contact

Kevin Theiss
Awaken Advisors
Tel: +1-(212) 521-4050
Email: Kevin.Theiss@awakenlab.com

2
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