Zhongsheng Group Holdings Limited, founded in 1995 and headquartered in Beijing, China, is a leading automotive dealership group specializing in the retail of luxury and premium vehicles. The company operates a network of dealerships across China, offering a diverse range of products and services that include vehicle sales, financing, maintenance, and repair services, catering to the growing demand for premium automobiles in the region.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| ZHOSHK 3.00% 2026-01-13 USDZhongsheng Group Holdings Limited | Cayman Islands | 2026-01-13 | 3.000 | 2.52 |
| ZHOSHK 5.98% 2028-01-30 USDZhongsheng Group Holdings Limited | Cayman Islands | 2028-01-30 | 5.980 | 5.36 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Zhongsheng entered the bond market in 2016, marking its initial issuance with a total offering of RMB 2 billion, which was aimed at bolstering its working capital and supporting strategic acquisitions. Recent bond issuances include a notable RMB 3 billion offering in 2021, taking advantage of favorable market conditions that offered competitive yields compared to industry peers. As of 2023, Zhongsheng's bonds yielded approximately 4.5%, reflecting a solid investment grade amidst a growing automotive market. Notably, the company has a reputation for issuing bonds with flexible redemption features, appealing to retail investors seeking manageable exit strategies.