Zheshang Zhongtuo

Zheshang Zhongtuo, as a state-controlled listed company under Zhejiang Communications Group, a Fortune Global 500 enterprise, was established in April 1999. It was formed by separating high-quality assets from four subsidiaries of the former Hunan Materials Industry Group to establish Southern Building Materials Group, and was initiated as a joint-stock company through a public offering. In July of the same year, it was listed on the Shenzhen Stock Exchange (Stock Code: 000906). In June 2008, the company's controlling shareholder changed to Zhejiang Materials Industry International, formally entering the Zhejiang provincial state-owned assets system. In January 2016, Zhejiang Communications Group became the company's controlling shareholder. In August 2018, the company's registered address was officially relocated from Changsha, Hunan to Hangzhou, Zhejiang. The company's business scale has continued to expand, and operating performance has repeatedly reached new historical highs. In 2023, it achieved operating revenue of 203.065 billion yuan, a year-on-year increase of 4.89%; total profit of 1.514 billion yuan; and net profit attributable to shareholders of the listed company of 711 million yuan, achieving new achievements in high-quality development.

The company has been listed in the Fortune China Listed Companies 500 for 14 consecutive years, ranking 69th in 2023. The company ranked among the top 30 in China's Most Growth-Oriented Listed Companies in 2020, and won the "Golden Bull Investment Value 150" and "Golden Bull Most Investment Value Award" in the 19th and 21st China Listed Companies Golden Bull Awards, respectively. Since 2019, the company has received the highest rating of "A" in the Shenzhen Stock Exchange's information disclosure assessment for four consecutive years. In 2020, the company was jointly awarded the "National Advanced Collective in the Logistics Industry" by the Ministry of Human Resources and Social Security and the China Federation of Logistics & Purchasing. In 2023, it was listed among the "Top 50 Chinese Logistics Enterprises," ranking 26th. In 2021, the company was jointly awarded the first batch of "National Demonstration Enterprises for Supply Chain Innovation and Application" by eight units including the Ministry of Commerce and the Ministry of Industry and Information Technology. In 2022, the company was listed among Zhejiang Province's Top 100 Comprehensive Enterprises, ranking 11th; among Zhejiang Province's Top 100 Service Enterprises, ranking 3rd; and was selected for Zhejiang Province's "Eagle Action" cultivation enterprise list.

The company is positioned in the productive service industry within the modern service industry, vigorously implementing the "One, Two, Three, Four, Five" development strategy: that is, focusing on the "one goal" of becoming an innovative, technology-empowered, and leading supply chain integrated service provider; serving "two types of customers" in basic construction and manufacturing production; building "three capabilities" of integrated services, risk control, and capital operation; focusing on "four profit models" of industrial finance, basis trading, value-added services, and industrial investment; and strengthening "five supporting safeguards" of party building culture, digital sky net, logistics ground net, organizational management, and team building.

The company's business units are distributed in most regions of China, including the central and western regions, the Yangtze River Delta, the Pearl River Delta, and the Bohai Rim. It has four platform companies in Hong Kong, Singapore, and Indonesia, fully integrating into the national dual circulation development pattern. In recent years, the company has vigorously promoted the integration of industry and finance, trade and industry, and domestic and international operations, accelerating the integration of the digital "sky net" and logistics "ground net," and is committed to providing customers with comprehensive, multi-level, and personalized supply chain integrated services covering consulting, raw material procurement, inventory management, finished product sales, shearing and processing, logistics distribution, financial supervision, information management, risk hedging, asset management, and all aspects.

The company upholds the corporate spirit of "Entrepreneurship, Innovation, and Efficiency," guided by "Striving to be a first-class enterprise," with the mission of "Making the industry chain more intensive and efficient," actively promoting transformation and development and "second entrepreneurship," steadily moving toward the goal of "becoming a first-class industry chain organizer and supply chain manager," and realizing its own value while continuously creating value for customers.