- CEO
- Hau Kit Law
- Full Time Employees
- 470
- Sector
- Retail trade
- Industry
- Specialty stores
- Address
- No. 40, Rainbow Road Zhongshan GD China 528400
- IPO Date
- Oct 18, 2019
- Business
- Centenary United Holdings Limited is an investment holding company primarily engaged in the sale of new and used motor vehicles and the provision of integrated auto services through a network of 4S dealership outlets in the Guangdong-Hong Kong-Macao Greater Bay Area of the People's Republic of China. Founded in 1999 and headquartered at No. 40, Rainbow Road, Western District, Zhongshan, China, the company operates 22 automobile stores across cities including Zhongshan, Foshan and Jiangmen; it sells vehicles under 15 authorized brands comprising eight pure electric new energy vehicle (NEV) brands--GAC Aion, Hyper, Leapmotor, Volkswagen ID, IM Automobile, Yiwei New Energy, ARCFOX and MARVEL R--and seven mid-to-high-end joint venture brands--FAW-Volkswagen, Buick, Chevrolet, FAW Toyota, Dongfeng Nissan, Cadillac and Beijing Hyundai--as well as accessories, spare parts, new-energy vehicles and charging equipment. Its integrated auto services encompass after-sales services, repair and maintenance, car care, used vehicle warranty, inspection, sales of spare parts, insurance agency, vehicle licensing registration, title transfer registration for used vehicles, vehicle mobility services, enterprise management information and investment consulting, and consultancy related to used vehicle sales; the company also manages the Chuangcheng second-hand market, three used-vehicle trading centers, an electric vehicle charging network with 93 charging stations, 570 charging piles and 1,070 charging bays across Zhongshan, Zhuhai, Foshan, Guangzhou, Dongguan and Jiangmen, and an online ride-hailing business. In 2024, the company reported revenue of RMB1,242.4 million, with motor vehicle sales contributing RMB989.8 million (including RMB982.5 million from 9,164 new vehicles and RMB7.3 million from 398 used vehicles) and other integrated auto services RMB252.6 million (including RMB176.9 million from repair services, RMB4.6 million from insurance agency and RMB53.1 million from NEV-related services); it recorded a gross profit of RMB16.2 million and a loss attributable to equity shareholders of RMB89.7 million. The company had no material acquisitions or disposals in 2024, continues to emphasize its "Entering the Greater Bay Area and Embracing New Energy" strategy by expanding NEV dealerships, sales and service networks and charging infrastructure, and issued 3 million new shares on November 25, 2025 under its director share option scheme.