Zhongshan New Century Pioneering Automobile Co Ltd along with its affiliated companies, was listed on the Hong Kong Stock Exchange under the name of its parent company, Century United Holdings Limited, on October 18. Its stock code is "01959. HK."

New Century is the largest automobile 4S distribution group in Zhongshan. It is the third new listed company in Zhongshan this year, following Ming Yang Smart Energy and Rifeng Cable who were listed on the A-share market.

According to statistics from the Zhongshan Financial Bureau, Zhongshan now has 35 companies that are listed at home and abroad.

This year, the government of Zhongshan revised its policy to support the listing of companies. Subsidy clauses were added for the listing of enterprises on the science and technology innovation board, listing of enterprises in the regional equity trading centers, and financing for local projects. These actions have increased the support for the refinancing of listed companies and the investment of equity investment funds of projects in Zhongshan.