Zhongsheng Group Holdings Limited is a multinational[according to whom?] automotive retail and services company headquartered in Beijing, China. It currently has around 140 dealerships across China and markets brands including Xpeng, Audi, Honda, Infiniti, Lexus, Mercedes-Benz, Nissan, Porsche, Toyota and Volvo.[2]
 | |
| Company type | Public |
|---|---|
| SEHK: 881 | |
| Industry | Automotive |
| Founded | 1998 |
| Founder | Huang Yi, Li Guoqiang[1] |
| Headquarters | Beijing, China |
Key people | Huang Yi (Chairman) Li Guoqiang (Vice-Chairman and CEO)[1] |
Zhongsheng is listed on the Hong Kong Stock Exchange.[3]
History
Zhongsheng opened its first Toyota and Nissan dealerships in 1998.[4] In 1999 Zhongsheng opened its first Audi dealership.[4] Zhongsheng opened its first dealership in Shanghai in 2002.[4] In 2005 Zhongsheng opened its first Lexus and Honda dealerships and its first dealership in Guangdong.[4] Zhongsheng opened its first Mercedes-Benz dealership in 2009.[4]
Zhongsheng listed on the Hong Kong Stock Exchange in March 2010.[5][6] In December 2010 Zhongsheng agreed to acquire a 55 per cent stake in New Wing Enterprises, an operator of 15 4S car dealerships across China.[7]
In May 2012 Zhongsheng acquired a 70 per cent stake in the German vehicle-personalization specialist Carlsson Autotechnik.[2]
References
External links
- Official website
(in English) (in Chinese)
