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Is Anhui Huishang Group Co., Ltd. a state-owned enterprise?

Huishang Group is a provincial state-owned enterprise.

Huishang Group is a large-scale provincial state-owned wholly-owned circulation enterprise. The group was formerly the Provincial Materials Bureau. It was restructured into the Provincial Materials Group in November 1995 and renamed Huishang Group in June 2000. In July 2002, the provincial government merged 12 companies from the former Provincial Department of Commerce into the Huishang Group.

The group currently has 12 directly affiliated wholly-owned or holding companies and 2 joint-stock companies, with total assets of nearly 20 billion yuan and more than 2,300 employees. It has formed a business focused on commodity circulation, with futures finance and modern logistics as wings. The "one main and two wings" business structure involves six major sectors including futures finance, commodity circulation, recycling and environmental protection, modern logistics, international trade, and asset management. Among them, the commodity circulation sector’s trade in production materials such as steel, coal, acrylic fiber, agricultural supplies, and supermarkets, commercial complexes, home appliances and other consumer goods circulation networks are in a leading position in the province; the futures finance sector’s futures brokerage, risk management and other businesses are developing rapidly Strong, ranking first in the same industry in the country; the modern logistics sector is booming, and its subsidiary Huishang Logistics Company was awarded the title of "Top 30 Modern Service Enterprises in Anhui Province" by the Provincial Party Committee and the Provincial Government; the recycling and environmental protection sector has begun to take shape; the asset management sector Developing rapidly; Huishang Trade Development Company, which specializes in international trade, is a key foreign trade enterprise in the province.

The group crowns the Huizhou business name and raises the Huizhou business flag, taking it as its own responsibility to spread the Huizhou business culture and revitalize the Huizhou business brand. The "Huishang" trademark held by the group is a well-known trademark in China, and "Shangzhidu", "Nongjiafu", "Hongfu" and "Guosheng" are famous trademarks in Anhui Province.

Since its development, the group has achieved outstanding social and economic benefits in linking production and consumption, stimulating domestic demand, ensuring construction, revitalizing circulation, and improving people's livelihood, and has contributed the strength of Huizhou merchants to the overall development of the province. . In 2023, the group ranked 332nd among the Top 500 Chinese Service Enterprises and 55th among the Top 100 Anhui Enterprises.