Wuchan Zhongda

Wuchan Zhongda Group Co., Ltd. (hereinafter referred to as Wuchan Zhongda Group, stock code 600704), formerly Zhejiang Materials Industry Group Co., Ltd., is a large state-owned listed company directly under the Zhejiang Provincial Government. It is one of the largest integrated service providers for bulk commodity circulation in China and has been listed among the Fortune Global 500 for six consecutive years, ranking first among Zhejiang's top 100 enterprises for nine consecutive years. In 2015, the group completed its overall listing. Wuchan Zhongda Group, adhering to the strategic layout of "one body with two wings," has built an industrial pattern with bulk commodity circulation and productive services as the main body, and finance and industry as the two wings, aiming to create a new comprehensive trading company of Circulation 4.0. The group's business scope covers six major areas: domestic and foreign trade, modern logistics, manufacturing, real estate, finance, and investment. Its sales volumes of steel, iron ore, automobiles, and coal rank among the top five in the national industry. The group owns over 300 consolidated member companies, a full-time higher vocational college, and a corporate university, with business operations spanning more than 70 countries and regions worldwide and nearly 20,000 employees. For over sixty years, Wuchan Zhongda Group has consistently upheld its core values of "advancing with the times, creating value with customers, and developing together with employees," continuously innovating and creating. In the fully competitive fields without entry barriers, policy preferences, or monopolistic resources, and amid the global financial crisis, the group has forged ahead and achieved a historic leap from "China's Top 500" to the "Fortune Global 500." "Connecting the world, benefiting society." Wuchan Zhongda Group will always implement the social responsibility concept of "being a responsible large enterprise," supporting a green and low-carbon economy, assisting social welfare undertakings, and promoting the construction of a happy enterprise that benefits all employees. It strives to become a listed company respected by the capital market and to continuously create value for social, economic, and industrial development. Company honors: From 2011 to 2016, it was listed among the Fortune Global 500 selected by Fortune magazine for six consecutive years, ranking 483rd, 426th, 364th, 345th, 339th, and 359th respectively. From 2002 to 2016, it entered China's Top 500 Enterprises for 15 consecutive years. From 2008 to 2016, it ranked first among Zhejiang's top 100 enterprises for nine consecutive years. In 2015, it received the "2015 China Circulation Field Social Responsibility Contribution Award" and was invited to become one of the first "Circulation G20+ Joint Units." In 2015, it was selected as one of the second batch of "Three Famous" cultivation pilot enterprises in Zhejiang Province. In 2015, it obtained AAA credit ratings from China Chengxin International Credit Rating Co., Ltd. and Dagong Global Credit Rating Co., Ltd. In 2015, its subordinate brand "Zhongda Yuantong" was continuously recognized by the Zhejiang Provincial Administration for Industry and Commerce as a well-known trademark of Zhejiang Province, and the "Zhongda (Import & Export)" brand was also recognized as a well-known trademark of Zhejiang Province. In 2015, it was awarded the title of "Model Unit of the 11th Employees' Professional Ethics Construction in Zhejiang Province." In 2015, it was designated as one of the first batch of pilot enterprises of the China (Hangzhou) Cross-Border E-Commerce Comprehensive Pilot Zone. In 2015, its information disclosure work was rated Class A by the Shanghai Stock Exchange. In 2012, it was awarded the title of "Outstanding Contribution Award of Zhejiang Enterprises." In 2011, it received the "Advanced Collective in the Promotion of Situation and Policy Education in Zhejiang Province." In 2011, it was awarded the title of "Model Enterprise for Green Low-Carbon Economy in Zhejiang Province." In 2011, it received the "Meritorious Enterprise Award for Zhejiang Commerce." In 2011, it was awarded the title of "Demonstration Enterprise for Accelerating the Implementation of 'Going Global' Strategy." In 2011, it was awarded the title of "Top 10 Zhejiang Merchants Investing in Xinjiang." In 2010, it was selected into the "World's Top 500 Famous Brands." In 2010, it was designated as a "Key Enterprise of Modern Service Industry in Zhejiang Province." In 2010, it received the "2009 Outstanding Unit of Corporate Culture in Zhejiang." In 2010, it won the "Special Contribution Award for Earthquake Relief in Yushu" from the provincial Red Cross Society. In 2009, it was honored with the title of "Outstanding Enterprise for 30 Years of Reform and Opening-up in the Circulation of Production Materials." In 2009, it was awarded the title of "Demonstration Unit for Corporate Culture Construction in Zhejiang Province." In 2009, its subordinate brand "Yuantong" won the title of "Zhejiang Service Brand." In 2008, it received the honorary title of "Advanced Collective of Provincial State-Owned Enterprises with 'Four Good' Leadership." In 2008, it was awarded the glorious title of "Advanced Collective of the National Business System" for 2007. In 2007, it was designated as a "Key Circulation Enterprise of Zhejiang Province" and subsequently passed annual assessments with excellent results for eight consecutive years. In 2007, it received the "2007 Zhejiang Merchants Special Contribution Award for Social Responsibility." In 2007, it was awarded the title of "Advanced Unit for Pairing Assistance in Underdeveloped Towns and Townships in the Province's Well-off Project." In 2005, it was awarded the title of "National Top Ten Automobile Marketing Groups." In 2004, it was designated as one of the 20 "Key Large Enterprises and Groups for Focused Development and Growth in National Circulation Field." In 2004, its subordinate brand "Yuantong" was among the first winners of the "Zhejiang Well-known Trademark." In 2003, it received the provincial "Five Batches" Excellent Enterprise award. In 2003, it was awarded the title of "Zhejiang Integrity Demonstration Enterprise" in the first batch. In 2003, it won the national "Youth Civilization" award for 2002. In 2002, it was designated as one of the first "Key Contact Enterprises for Modern Logistics Development" in Zhejiang Province. Corporate Culture: Corporate Mission: Connecting the world, benefiting society. Corporate Vision: Pursuing excellence and striving to build a first-class modern circulation enterprise group with international competitiveness. Corporate Spirit: Entrepreneurship, innovation, and creation. Core Values (Three Commons): The enterprise advances with the times (development concept). The enterprise creates value together with customers (business concept). The enterprise develops together with employees (management concept). Core Cultural Philosophy: People-oriented, teamwork, performance-oriented, and pursuit of excellence.