Zhejiang Materials Industry International Co., Ltd.（ZMI） was founded in 1999. The registered capital of the company is RMB 493 million yuan. ZMI specializes in domestic and international trade of iron ore and steel products, and is also involved in many business areas including engineering project distribution, electromechanical equipment, automotive parts and components, timber, coal, energy and oil products. In 2018 ZMI reported RMB 54 billion yuan in sales revenue and US$ 2.532 billion in imports and exports, and physical volume of 26.81 million tons, keeping the leading position among provincial trading companies in Zhejiang.
Wuchan Zhongda Group, the controlling shareholder of the company, is a double AAA credit rating state-owned enterprises subordinate to Zhejiang Provincial Government, and also one of the large-scale supply chain service integrators for bulk commodities in China. Since 2004, it has ranked in the first two places of Top 100 Enterprises in Zhejiang Province. Since 2011, it has continuously been listed in Fortune Global 500 Companies (ranked 270th in 2018).
With full support from major shareholders and joint efforts of all staff, ZMI has been enhancing its overall strength and become an influential company in the industry. Committed to global purchase and sale, the company is marching toward the goal of becoming an international value-added service provider with competitive advantages.