According to the Zhitong Finance App, Zhongsheng Holdings (00881) announced interim results for the six months ended June 30, 2026, with total group revenue of 63,022 billion yuan; gross profit of 5.53 billion yuan, up 20.0% year on year; profit attributable to shareholders of 111 million yuan; and basic profit per share of 0.047 yuan.
Faced with a market environment of total contraction, Zhongsheng continued to push forward the structural adjustment of brand stores. In the first half of the year, it shut down and switched to 66 inefficient traditional brand stores, mainly high-end brands. At the same time, the Group unswervingly implements the “central city” strategy, taking the opportunity to open new traditional brand stores in cities with opportunities, and consolidating its dominance in the regional market.
Since May of this year, the new brand matrix has gradually taken shape — the cooperation between Zhongsheng and Geely has been fully implemented. By the end of June, 20 Linker, 17 Galaxy, and 1 Extreme Krypton network had been opened and operated, and dozens of Geely stores are still in preparation for opening. Qijing, a new partner with the “Huawei” ecosystem, has also launched 9 stores, and another Yijing store is under construction. In addition, Zhongsheng has also launched 7 new energy brand stores, such as Rantu and 8 Zero Run, which are also competitive in the market. This series of new stores is expected to inject stronger growth momentum into the Group's new vehicle sales and profits in the second half of the year. After the above store adjustments, as of the end of June 2026, the Group operated a total of 461 brand dealerships, including 102 new energy brands (including brands such as Hongmeng Zhixing, Qijing, Rantu, Extreme Krypton, Linker, Geely Galaxy, and Zero Run).