CSI 800 Index (000906)

Overview

Zhejiang Development Group Co.,Ltd is a multifaceted company operating both within China and internationally. It was established in 1999, originally known as Zhejiang Materials Development Co., Ltd. before rebranding to its current name in January 2017. With its headquarters based in Hangzhou, China, the company has rooted itself firmly in varied sectors such as commodity trading, financial leasing, online retailing, car sales and services, as well as warehousing and logistics. Offering a broad range of products and services, Zhejiang Development Group caters to a diverse client base, leveraging its extensive network and expertise to provide value in numerous industries.

Products and Services

Zhejiang Development Group Co.,Ltd offers a comprehensive suite of products and services across several industries:

• Commodity Trading - The company trades in a wide array of steel and iron ore products, including screw-thread steel, wire stocks, round steel, hot and cold rolled products, and more. It also provides various value-added services such as wholesale and retail distribution, custom processing, and warehouse delivery alongside financial services, e-commerce, and logistics.
• Financial Services - Offering finance leasing, commercial factoring, and industrial bond and supply chain financing services. These financial solutions support businesses in managing capital flows, investments, and growth financing.
• Software and IT Services - Zhejiang Development Group delivers industry management software products and services, including customized development for information management software, Software-as-a-Service (SaaS), and IT management consulting. This range supports enterprises in enhancing operational efficiency and embracing digital transformation.
• Supply Chain and Logistics Services - The company provides an integrated supply chain service, encompassing CRM, power sales management, financial leasing, and logistics warehouse management. It also offers a commercial platform for commodities and a data analysis platform specifically for the steel trade industry, alongside warehousing, transportation, processing, and logistics transaction services.
• Automotive Sales and Services - Through its 4S shops, Zhejiang Development Group sells and services cars from various brands, and offers a comprehensive after-service. The company also runs a taxi business, showcasing its footprint in personal and commercial transportation.