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Wuchan Zhongda Group has kept pace with the history of Zhejiang reform and opening-up. Formerly known as Zhejiang Materials Bureau, it was restructured as a group company in 1996, and merged with Zhongda Group in 2007. The group completed the mixed ownership reform and achieved the overall listing in 2016, thus becoming one of 12 samples for reform of state-owned enterprises in China.
Insisting on the strategy of “one body with two wings”, the group mainly runs circulation, financial service and advanced industry, and possesses more than 350 member companies with nearly 20,000 employees. The group has been listed No. 1 of Top 100 Zhejiang Enterprises since 2008 and “Global Top 500 Enterprises” since 2011. With operating income of over RMB 200 billion in 2016, the operating income, total profit, net asset compound growth rate and tax delivery of the group were as high as 16.85%, 16.96%, 22.52%, 24.56% respectively from 2004 to 2016.
Following the tenet of “Products Open to the World and Service Benefiting Everyone”, the group sticks fast to the road of professionalization, transformation and innovation, pursuit of value creation, diligence and courage. By accelerating to implement “Circulation 4.0” and deepening mixed ownership reform, the group is seeking to make itself an internationally competitive industry ecology organizer. Keeping abreast with the times, the group optimizes its industrial distribution and consolidates its position as the leader of Chinese supply chain integration service. Furthermore finance services are expanded concerning fun investment, future broker finance lease, financial investment, etc. A vigorous expansion is given on low-risk and anti-cyclical environmental-friendly power generation, water affairs and other public services, medicine and health-care, health preservation and pension an other health industries. Based on these efforts, the group accelerates its process of globalization and thus creates values further for customers, employees and investors.
Zhejiang Yuantong Stainless Steel Co., Ltd (YUANTONG) is a Governmental Company held by Wuchan Zhongda Corporation, which is one of the Fortune Global 500 Enterprise (249th in 2019). We are engaged in stainless steel business since 1991, and now we are one of the leading stainless steel service center in China. YUANTONG is specialized in cold and hot rolled stainless steel coils / plates / sheets / tubes / pipes / fittings / flanges / precision stainless steel strips in 200, 300 and 400 series. We maintain a close cooperative relationship for well-known enterprises such as OTIS, ROBAM, SUPOR, FOTILE,DE&E Appliance etc. Besides the excellent sales performance in domestic market, we also export to South Korea, Southeast Asia , Pakistan, Turkey, Russia, Ukraine, Mideast Region, North Africa etc. The total sales quantity of YUANTONG is around 400 thousand tons and the sales amount is over 3 billion CNY in 2019.
YUANTONG have 1800m2 office space and two service centers for stainless steel. One is located in Hangzhou, about 14,000m2 with 4 cutting to length machines, 3 grinding machines, 1 slitting machine. Another is located in Kunshan for precision stainless steel, about 3000 m2, keeping about 1000 tons regular stocks, and two precision slitting lines. YUANTONG regards product as carrier, service as product, customer needs as orientation and quality as priority, aiming to building a first-class and world-renowned stainless steel integration service center. We warmly welcome the stainless steel friends from all over the world for WIN-WIN business discussions.
We export many countries, such as: South Korea, Vietnam, Pakistan, India, Turkey, Russia, Ukraine, Germany, Egypt, Dubai and orthers.
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