Zhongsheng Group (OTCMKTS: ZSHGY) is one of China’s leading automotive dealership networks, specializing in the sale and after‐sales service of luxury and premium vehicles. Headquartered in Shanghai, the company was founded in 2005 and quickly expanded through strategic acquisitions and organic growth. It represents global luxury brands such as BMW, Mercedes‐Benz, Audi, Land Rover, Jaguar and other marquee names, serving a clientele that seeks high‐end automotive experiences in major urban centers across the People’s Republic of China.
The company’s core business activities include new and pre‐owned vehicle sales, parts distribution, vehicle maintenance and repair services, and a range of value‐added offerings such as financing, leasing, insurance brokerage and extended warranty programs. Zhongsheng Group has invested in digital retail platforms and omni‐channel sales solutions that integrate online showrooms, e-commerce capabilities and appointment scheduling. Its proprietary “Digital Sales System” enables real‐time inventory management and customer relationship tracking, enhancing both operational efficiency and customer satisfaction.
Since its initial public offering on the Hong Kong Stock Exchange in 2006, Zhongsheng has continued to diversify its footprint, extending its network to over 160 dealership locations across more than 20 provinces and municipalities in China. The company also launched a dedicated pre-owned vehicle division, operated under the brand iUsedCar, which provides certified quality inspections, refurbishment services and nationwide logistics support. In addition to automotive retail, Zhongsheng explores select property development projects tied to its flagship dealership sites, creating integrated auto lifestyle hubs.
Under the leadership of Executive Chairman Xie Fei and a senior management team with decades of experience in automotive retail, finance and digital technology, Zhongsheng Group pursues a strategy centered on premium customer service, brand partnerships and technological innovation. The board and executive committee maintain rigorous governance standards, with a focus on sustainable growth, environmental responsibility and community engagement. As market dynamics evolve, the company continues to adapt its product offerings and operational model to meet the needs of modern Chinese consumers.
AI Generated. May Contain Errors.
Free ZSHGY Stock Alerts