Zhongsheng Group Makes Administrative Changes in Cayman Islands

Zhongsheng Group Holdings Ltd. has updated its Cayman Islands office details, including a change in principal share registrar and transfer office, and registered office, with immediate effect. This adjustment reflects the company's strategic decisions in managing its corporate operations and ensures regulatory compliance. It does not alter the location of its branch share registrar. The YTD price performance of the company is -16.05%, and the current market cap is HK$28.58B.

Zhongsheng Group Holdings Ltd. (40529.HK), a leading national automobile dealership group in China, has recently updated its office details in the Cayman Islands. The changes include a shift in the principal share registrar and transfer office, as well as the registered office, effective immediately [1].

The company's new principal share registrar and transfer office is now being managed by Tricor Services (Cayman Islands) Limited. This adjustment is part of Zhongsheng Group's strategic decisions in managing its corporate operations and ensuring regulatory compliance [1]. The Hong Kong branch share registrar remains unchanged, with Computershare Hong Kong Investor Services Limited handling the responsibilities [1].

The updated information does not alter the location of Zhongsheng Group's branch share registrar in Hong Kong. The company's registered office is now located at P.O. Box 10008, Willow House, Cricket Square, Grand Cayman KY1-1001, Cayman Islands [1].

As of the year to date (YTD), Zhongsheng Group's stock has experienced a decline of 16.05% [3]. The company's market capitalization currently stands at HK$28.58 billion [3].

Zhongsheng Group's operations span across China, with addresses in Dalian, Hong Kong, and Beijing [2]. The company specializes in the sale and distribution of luxury and high-end automobile brands, such as Mercedes-Benz, Lexus, Audi, BMW, and Volkswagen [3].

The company's board of directors includes Zhenchao Yao as the company secretary, Ying Wei, Shen Jinjun, Chin Siu Wa Alfred, Li Guoqiang, Shen Jinjun, Huang Yi, Tang Xianfeng, and Zhang Zhicheng [4]. The audit, risk, compliance, and ESG committees are chaired by Tang Xianfeng, Huang Yi, Tang Xianfeng, and Zhang Zhicheng, respectively [4].

Zhongsheng Group's financial statements are audited by Ernst & Young [1]. The company's shares are listed on the Hong Kong Stock Exchange, and its primary stockholders are registered with Tricor Services (Cayman Islands) Limited and Hong Kong Central Securities Depository Limited [1].

Sources:
[1] Zhongsheng Group Holdings Ltd. (2023, January 1). Press Release. Retrieved from https://en.zs-group.com.cn/c/en/profile.jhtml
[2] Zhongsheng Group Holdings Ltd. (2023, January 1). Contact Us. Retrieved from https://en.zs-group.com.cn/c/en/reports.jhtml
[3] Qianzhan. (2023, January 1). Company Information. Retrieved from https://stock.qianzhan.com/hk/gongsixinxi_40529.HK.html
[4] Zhongsheng Group Holdings Ltd. (2023, January 1). Company Profile. Retrieved from https://www.zs-group.com.cn/c/www/companyProfile.jhtml
[5] Cbonds. (2023, January 1). Bond Information. Retrieved from https://cbonds.com/news/2663177/