Zhongsheng Group
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Zhongsheng Group Holdings Limited is a multinational automotive retail and services company headquartered in
Beijing } Beijing ( ; ; ), alternatively romanized as Peking ( ), is the capital of the People's Republic of China. It is the center of power and development of the country. Beijing is the world's most populous national capital city, with over 21 ...
, China. It currently has around 140 dealerships across China and markets brands including
Xpeng Guangzhou Xiaopeng Motors Technology Co Ltd (), doing business as XPeng Motors (), commonly known as XPeng, is a Chinese electric vehicle manufacturer. The company is headquartered in Guangzhou, Guangdong, with offices in Mountain View, Califor ...
,
Audi Audi AG () is a German automotive manufacturer of luxury vehicles headquartered in Ingolstadt, Bavaria, Germany. As a subsidiary of its parent company, the Volkswagen Group, Audi produces vehicles in nine production facilities worldwide. Th ...
,
Honda is a Japanese public multinational conglomerate manufacturer of automobiles, motorcycles, and power equipment, headquartered in Minato, Tokyo, Japan. Honda has been the world's largest motorcycle manufacturer since 1959, reaching a producti ...
,
Infiniti is the luxury vehicle division of the Japanese automaker Nissan. Infiniti officially started selling vehicles on November 8, 1989, in North America. The marketing network for Infiniti-branded vehicles included dealers in over 50 countries in ...
,
Lexus is the luxury vehicle division of the Japanese automaker Toyota. The Lexus brand is marketed in more than 90 countries and territories worldwide and is Japan's largest-selling make of premium cars. It has ranked among the 10 largest Japanese ...
,
Mercedes-Benz Mercedes-Benz (), commonly referred to as Mercedes and sometimes as Benz, is a German luxury and commercial vehicle automotive brand established in 1926. Mercedes-Benz AG (a Mercedes-Benz Group subsidiary established in 2019) is headquartere ...
, Nissan, Porsche,
Toyota is a Japanese multinational automotive manufacturer headquartered in Toyota City, Aichi, Japan. It was founded by Kiichiro Toyoda and incorporated on . Toyota is one of the largest automobile manufacturers in the world, producing about 10 ...
and
Volvo The Volvo Group ( sv, Volvokoncernen; legally Aktiebolaget Volvo, shortened to AB Volvo, stylized as VOLVO) is a Swedish multinational manufacturing corporation headquartered in Gothenburg. While its core activity is the production, distributio ...
. Zhongsheng is listed on the Hong Kong Stock Exchange.


History

Zhongsheng opened its first Toyota and Nissan dealerships in 1998. In 1999 Zhongsheng opened its first Audi dealership. Zhongsheng opened its first dealership in Shanghai in 2002. In 2005 Zhongsheng opened its first Lexus and Honda dealerships and its first dealership in Guangdong. Zhongsheng opened its first Mercedes-Benz dealership in 2009. Zhongsheng listed on the Hong Kong Stock Exchange in March 2010. 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. In May 2012 Zhongsheng acquired a 70 per cent stake in the German vehicle-personalization specialist Carlsson Autotechnik.


References


External links

* {{Hang Seng Index Companies based in Beijing Companies listed on the Hong Kong Stock Exchange Auto dealerships of China Retail companies established in 1998