Zhejiang Metals & Materials Co.

Zhejiang Metals and Materials Co. is a 40-odd years group corporation which possesses 30-odd subsidiaries in forms of wholly-owned, share-controlled and joint-stock. ZMMC with a total assets of over RMB 4,000,000,000 Yuan and annually sales income of over RMB 10,000,000,000 Yuan, was listed as one of 500-Top state-owned enterprises since 1995 and one of 500-Top import-export enterprises since 2001.

As one of the earliest experimental enterprises for agent system, ZMMC has broad purchase channels as well as national marketing network. It has established stable agent relations with over 20 large-size steel plants, and its sales scale covers major regions in the country. In 2003, the sales income reaches RMB 10,470,000,000 Yuan, with a total sales amount of 3,139,000 tons. The managerial scales or economic strength, or economic efficiency of the company have taken a leading place in the same industry in provinces (city or district) in all over China for many years.