Zhongsheng Group Holdings Ltd 2023 AR2
The report highlights Zhongsheng Group's strategic transition to a car parc market model, focusing on centralized customer relationship management and brand-agnostic collision centers. In 2023, the company achieved significant growth in its pre-owned automobile business, with transactions increasing by 17% year-on-year and contributing RMB1.2 billion in aggregate profit. On the environmental front, the group expanded its green service platform by establishing seven new collision centers equipped with advanced VOC treatment systems and increased its sales of new energy vehicles by 69.24% compared to 2022. Additionally, the company maintained a strong commitment to community welfare, donating RMB1.15 million during the year.
Company: Zhongsheng Group Holdings Ltd
Sector: Consumer Discretionary
Country: China
Year: 2023
Type: AR2
Pages: 191
Zhongsheng Group Holdings Ltd
Annual Report
The report highlights Zhongsheng Group's strategic transition to a car parc market model, focusing on centralized customer relationship management and brand-agnostic collision centers. In 2023, the company achieved significant growth in its pre-owned automobile business, with transactions increasing by 17% year-on-year and contributing RMB1.2 billion in aggregate profit. On the environmental front, the group expanded its green service platform by establishing seven new collision centers equipped with advanced VOC treatment systems and increased its sales of new energy vehicles by 69.24% compared to 2022. Additionally, the company maintained a strong commitment to community welfare, donating RMB1.15 million during the year.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees