Zhejiang Materials Industry International Co., Ltd. (ZMI) was founded in Hangzhou in 1999, with a registered capital of RMB300 million yuan. Zhejiang Materials Industry Group Corp. (ZJMI) ?and China National Cereals, Oils & Foodstuffs Imp. & Exp. Corp. (COFCO) ?are its two major shareholders. In 2003, as the largest foreign trader in Zhejiang Province, ZMI's import & export volume and sales volume reached USD630 million and RMB8.44 billion yuan respectively. According to the statistics of Ministry of Commerce of the People's Republic of China, ZMI ranked No.132 among the top 500 Chinese enterprises with the largest import & export volume in 2003. ? ZJMI is one of the 20 Circulation Enterprises supported by Chinese Central Government, and ranked NO. 46 among the Chinese Top 500 Enterprises in 2004. ? COFCO is the largest company dealing with the import & export of cereals, oils and foodstuffs in China, and is also a World Top 500 Company. Company Motto?Create Value Together With Customers? The automobile business of ZMI plays a strategic role in ZMI's business. ZMI, as a well-known automobile marketing and service company, is the approved regional dealer of many famous brands such as Volvo, Peugeot, Mazda6, Buick, Cadillac, Spark, Sail, Land Rover, Jaguar, Rolls-Royce, Skyper, etc., and has set up several 4S centers. As an important automobile importer of China, ZMI has a wide automobile marketing network, covering many cities of Zhejiang province. The market share of ZMI also increases annually. In the years' to come, ZMI will be dedicated to expanding brands sales and exploring the automobile maintenance and repair business, spare part supply as well as the second-hand automobile trade business.