Zhejiang Provincial Materials Group Co., Ltd. is a large-scale state-owned circulation enterprise established in 1996 by the former Zhejiang Provincial Materials Bureau. It is an operating agency authorized by the Zhejiang Provincial Government to operate and manage state-owned assets. It is one of the 120 large-scale national Enterprise pilot enterprise group and 20 large-scale circulation enterprises that are focused on cultivation and development, as well as one of the 36 key circulation enterprises identified by the Zhejiang Provincial Government. Zhejiang Wuhan’s main business is the circulation of production materials, and its business scope covers domestic and foreign trade, modern logistics, supply and distribution, circulation processing, financial services and other fields. It has 11 wholly-owned subsidiaries, 3 joint-stock companies and a full-time institution. Higher Vocational and Technical College has two listed companies (Zhongda 600704 and Southern Building Materials 000906) with more than 17,000 employees.
"Zhejiang Products" is a modern circulation enterprise group whose main business is domestic and foreign trade of production materials. All along, "Zhejiang Products" has taken the development of modern circulation industry and service economic construction as its own responsibility, persisted in deepening reforms without stopping, persisted in the main circulation business, and persisted in improving quality without slackening. Its operating performance has always been among the best among its peers nationwide, and has created We have formed an excellent management team and have received the attention, support and respect from the government and relevant departments as well as the respect of our peers.
There is a long way to go to develop the modern service industry, and there are broad prospects for promoting the industrialization of circulation. Looking forward to the future, Zhejiang Wuhan will adhere to the core values ??of "the enterprise advances with the times, the enterprise and customers create value, and the enterprise and employees develop together" and "people-oriented, team spirit, performance concept, pursuit of excellence" ” cultural concept, work hard, forge ahead with determination, and strive to build a first-class large-scale modern circulation enterprise group with international competitiveness, and in this way serve customers, repay society, and contribute to the world.
Zhejiang Wuhan has always insisted on deepening reform and innovation without stopping, insisting on improving the main business of development without wavering, insisting on improving the quality of the team without slackening, constantly pioneering, striving to make progress, changing concepts, deepening reforms, grasping the rules, Solidly promote the development of circulation industrialization, even under the severe situation of global economic downturn caused by the financial crisis, the scale has exceeded 100 billion for two consecutive years, reaching new highs and achieving leapfrog development.
In the seven years from 2002 to 2009, the scale of Zhejiang’s industrial operations jumped from 22.6 billion yuan to 113.2 billion yuan, with an average annual growth rate of 25.88%; the total import and export volume expanded from 523 million US dollars to 3.145 billion US dollars, with an annual The average growth rate was 29.21%; the total profit increased from 169 million yuan to 1.608 billion yuan, an average annual growth rate of 37.97%; the total assets expanded from 7.454 billion yuan to 35.986 billion yuan, an average annual growth rate of 25.22%; the owner's equity increased from 1.89 billion yuan 7.95 billion yuan, with an average annual growth of 22.78%. The 2010 budget achieves an operating scale of 130 billion yuan; total profit of 1.8 billion yuan; total import and export volume of 3.52 billion US dollars; total physical volume of 51.92 million tons, including 13.5 million tons of steel, 22 million tons of iron ore, 158,000 cars, and 1,400 coal. million tons, 1 million tons of oil products, 1.22 million tons of chemical products, and real estate sales of 3 billion yuan.
Zhejiang Wuhan has formed six main business sectors including metal materials, automobile business, coal business, chemical business, modern logistics, and real estate. Among them, steel trading, automobile business, iron ore and futures operations are leading the country. status; innovative practices in regional integrated operations, business models, business formats, etc. are leading the development of the circulation industry; major economic indicators such as overall business scale, economic benefits, and comprehensive strength have always been among the best among peers nationwide, and have been among Chinese enterprises for eight consecutive years. Ranked in the top 100 of the top 500 companies (ranked 51st in 2009, 22nd in the service industry, and 1st in the comprehensive domestic and foreign trade wholesale and retail industry), and ranked in the top two of the top 100 enterprises in Zhejiang Province for seven consecutive years (2008, 2009 Ranked No. 1), and was selected into the "Top 500 World Famous Brands" in 2010. In 2011, it was ranked 484th among the Fortune Global 500 companies in the United States, and ranked 426th in the 2012 Fortune Global 500 list.
After years of summarizing, refining, inheriting, innovating and cultivating, Zhejiang Products has formed the "three commonalities" (the enterprise advances with the times, the enterprise and its customers create value, and the enterprise The core values ??of "developing together with employees" and the core concepts of "people-oriented, team spirit, performance concept, and pursuit of excellence" have created a team that is good at management, good at management, has a strong sense of professionalism and responsibility, and can survive in adversity. A management team that has the ability to innovate, resist risks and withstand the test of complete market competition.
In the post-100 billion era, we are facing a golden opportunity period to serve the development of the economy. As a large state-owned enterprise in the field of perfect competition, Zhejiang Materials will take it as its own responsibility to serve my country's economic transformation and upgrading and industrial structure adjustment. With the rise of the service economy, we plan a layout and implement strategic upgrades, with the industrialization of circulation as the direction, value guidance as the main line, deepening the practice of business model innovation as the foundation, optimizing resource allocation as the focus, and entering the producer service industry as the basic path. According to the "industry The strategic thinking of "leading, nationwide layout, international vision, transnational operation, pursuit of excellence, and leading the future" has established a sales revenue of 200 billion yuan, a total profit of 3 billion yuan, and an annual physical transaction volume of 90 million tons by 2015, achieving the goal of leading modern circulation Industry, based on the Fortune 500, becoming a multinational company, and building the Materials Group into a large-scale circulation enterprise group with international competitiveness that integrates modern circulation industry, circulation methods and modern enterprise systems.
Express data shows that in 2010, the group's consolidated operating income was 135.273 billion yuan (corresponding to total sales of 156.8 billion yuan), a year-on-year increase of 40.84%, completing 126.85% of the full-year budget target; achieving a total profit of 2.092 billion yuan , a year-on-year increase of 27.13%, completing 117.79% of the full-year budget target.
The 2011 Fortune Global 500 ranking list was officially announced at 8 o'clock tonight, Beijing time. Zhejiang Products Group's performance in 2010 was equivalent to US$20.001 billion (average annual exchange rate 6.7692). Ranked among the "Fortune 500", ranking 483rd. This is the first time that Zhejiang Products has entered the Fortune Global 500, and it is also the first enterprise in Zhejiang Province to enter the Fortune Global 500.