- CEO
- Junfeng Huang
- Full Time Employees
- 5,672
- Sector
- Consumer Cyclical
- Industry
- Auto - Dealerships
- Address
- Baoze Plaza Beijing People's Republic of China
- IPO Date
- Aug 13, 2012
- Business
- China ZhengTong Auto Services Holdings Limited, an investment holding company incorporated in the Cayman Islands in 2010 and headquartered in Wuhan, Hubei Province, People's Republic of China, principally engages in 4S dealership business through sales of passenger motor vehicles including luxury brands such as Porsche, Mercedes-Benz, BMW, Audi, Jaguar Land Rover, Cadillac, FAW Volkswagen, Buick, Dongfeng-Nissan and FAW Toyota as well as independent brands like Hongqi, GWM Haval and Great Wall-Tank-WEY; provision of after-sales services, maintenance, spare parts, mortgage facilitation, insurance agency and financial consulting services; supply chain business encompassing motor-related logistics services; and comprehensive properties business involving development and sales of properties, lubricant oil trading, secondhand automobile trading and property management, primarily targeting the domestic Chinese market with approximately 5,520 employees across its operations. The company operates through a network of 4S dealerships and has expanded into new energy vehicle brands, securing preliminary authorizations for seven mainstream models including SAIC (Shangjie), LUXEED and STELATO in cities such as Beijing, Zhuhai, Jieyang and Shantou as of mid-2025, while launching stores like the Beijing AITO User Center and Zhanjiang Jetour dealership, alongside optimizing pre-owned vehicle centers in Beijing, Shenzhen, Wuhan and Guangzhou with nearly 60% store coverage through centralized sourcing. In June 2025, the company completed a connected share subscription and unconditional mandatory cash offer by Xinda Motors Co., Limited via CLSA Limited to acquire all issued shares not already owned, alongside deepening collaborations with financial institutions for auto finance including mortgage loans, advancing internationalization via OEM export and overseas dealership authorizations, piloting a self-operated auction platform, and restructuring underperforming stores while enhancing digital management and new energy transformation.