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, ZMM
C 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.r>