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 2017 ZMI reported RMB 50 billion yuan in sales revenue and US$ 2.29 billion in imports and exports, with sales volumes of steel products exceeding 12.64 million tons and iron ore 14.18 million metric tons, keeping the leading position among provincial trading companies in Zhejiang.
ZMI’s controlling shareholder, Wuchan Zhongda Group Co., Ltd., is a key state-owned enterprise under the supervision of Zhejiang Provincial Government and one of China’s largest integrated providers in bulk commodity circulation service. It ranked 348th on 2016 Fortune Global 500 list, and has been rated No.1 on Zhejiang’s Top 100 Companies list for the sixth consecutive year.
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.