SCEM

“SCEM” is the abbreviation of Shanghai Chemical Exchange Management Co., Ltd. (SCEM), established in 2004, and is a state-owned chemical trading market specially approved by the Shanghai Municipal Government and named after the Shanghai region. Its headquarters is located in Jinshan District, Shanghai, with a management and sales center in Changning District, Shanghai, and a service center in Yantai. "SCEM" is an "O2O procurement, distribution, and trading platform for bulk chemical spot goods," providing integrated e-commerce services that combine "business flow," "information flow," "capital flow," and "goods flow" in the field of bulk chemical spot goods. In 2015, Shanghai Yimei Investment Group Co., Ltd. successfully acquired control of SCEM and established supporting enterprises in accordance with SCEM's business development plan. Through a sound trading and delivery mechanism and capital supervision measures, it "makes performance more assured"; through long-term accumulated good reputation and fast product purchase and sales channels, it "makes resources more abundant"; through a large and experienced team and precise positioning with flexible information and trading systems, it "makes trading easier"; and through a financial guarantee and supervision system jointly established with ICBC, China Construction Bank, SPD Bank, China Everbright Bank, and Agricultural Bank of China, as well as a warehousing and logistics system established with third-party supply chain management enterprises, it "makes circulation smoother." Centered on the above services, SCEM and its supporting enterprises are committed to building an online-offline composite, multifunctional service platform. It is a national e-commerce demonstration platform and has been awarded the title of ten-billion-level platform by the Shanghai Municipal Commission of Commerce, and is also one of the first batch of 44 private enterprise headquarters in Shanghai in 2019. SCEM provides an O2O business model combining electronic information with traditional services, segmenting online chemical mall, mobile APP, and special trading; and offline brokerage, supply chain, and warehousing logistics, totaling 6 categories of service products. Trading products include synthetic resins (PE, PP, PVC), synthetic rubber, organic chemicals, hazardous chemicals, synthetic fibers, and synthetic fiber raw materials, among others, totaling more than 700 varieties and grades. (1) In 2012, it was awarded the title of "National E-commerce Pilot Unit Featuring Bulk Chemical Spot Trading" by the General Office of the National Development and Reform Commission; (2) In 2013, it was recognized by the Ministry of Commerce as a "Typical Statistical Survey Enterprise in the Commercial Circulation Industry"; (3) At the end of 2013, it was awarded by the Shanghai Administration of Work Safety as the "Centralized Trading Platform for Hazardous Chemicals Designated by the Shanghai Administration of Work Safety."