Introduction to Xiamen ITG Group Corp., Ltd

June, 2021

Xiamen ITG Group Corp., Ltd (ITG) is a state-owned listed company, founded in 1980 and listed on the Shanghai Stock Exchange in 1996 (Stock Name: Xiamen ITG, Stock Code: 600755). ITG has grown into a key member of ITG Holding Group Co., Ltd., a Fortune Global Top 500 enterprise (ranked 284 in 2020). ITG has been recognized as a National Model Enterprise for Supply Chain Innovation and Application, a National Contract-honoring and Trustworthy Company, a National Model Enterprise with Harmonious Labor Relations, a provincial and municipal civilized unit, and the Best Employer brand. Moreover, it has been award by ACFTU as one of the National Model Employers. Consistently, ITG has been listed on the Forbes Global 2000 and Asia’s 500 Most Influential Brands by World Brand Lab, while ranking among the top 50 of the Fortune China Top 500.

In 2020, the annual operating revenue of ITG reached a new high, achieving over 351 billion yuan with an increase of 61% year-on-year. The company has been listed on the Fortune China Top 500 for 12 consecutive years, ranking 33^th place this year. In addition, it has been ranked second in the trade sub-list for 6 consecutive years. In 2021, the company is listed on the Forbes Global 2000 for 5 consecutive years, reaching to the 1333th this year. In the same year,  it is listed on TOP100 of National Business Daily’s 2021 List of Chinese Listed Companies by Brand Vitality.

With robust development over the past four decades, ITG has established two core business –supply chain management and financial services. In the new strategy of the 14th Five-Year Plan, ITG will focus on the two core business, and actively expand the strategic emerging business, such as health technology, developing a blueprint for “3 path”. Vested with the mission of “Continuously Creating New Value”, ITG upholds its core values of “Innovation, Trust and Growth”, and lives up to the ethos of “Exploring all possibilities and striving for new heights”. With its relentless pursuit of the corporate culture of “A great stage, a great school and a great family”, the company is committed to becoming a trustworthy integrated service provider worldwide.

ITG is regarded as the top-tier supply chain solution provider in China. As the core business of ITG, the supply chain segment mainly includes bulk trade and logistics service. Regarding the service of bulk trade, ITG is an industry leader in the fields of steel, iron ore, paper, petrochemical-PTA, textiles, rubber, and tires, etc. With years of accumulated experience of business management, talent cultivation, and industry operation, ITG has increased a strong capability of integrating business flow, product flow, financial flows and information flow, actively providing clients with customized and integrated supply chain solutions. Meanwhile, ITG employs the digital technology to promote innovation, to build a smart supply chain, to empower business transformation, and to invest in operating upstream and downstream of the industry chain.

The Supply Chain segment has set up regional subsidiaries and offices in more than 30 cities domestically, together with overseas branches in more than 10 countries and regions. The Supply Chain segment has established business with more than 100 countries and regions, building up a comprehensive business network of domestic and international markets which enables the company to respond quickly to the changing market demand.

Supported by the integrated strategy of supply chain, ITG offers logistics services consisting of international shipping, ship management, marine brokerage, ship agency, warehousing services, comprehensive logistics, etc. The company has been awarded as the National 5A-level Comprehensive Logistics Enterprise” and “National Advanced Logistics Enterprise”.

As one of the important profit growth poles, the financial service is a key business segment nurtured by ITG. Taking the pursuit of supply-side structural reform as the underlying guideline, the segment of financial service explores innovative financial business model, focuses on transformation and upgradation, promotes the integration of industry and finance, and strengthens synergistic development. Currently, it has wholly-owned or controlled subsidiaries in futures, asset management, risk management, financial leasing, commercial factoring, guarantee, pawnbroking, microfinance, etc., with businesses covering futures and derivatives, inclusive finance, and entity industry finance, etc. In addition to its Xiamen headquarters, this segment has set up branches in Fuzhou, Shanghai, Shenzhen, Hong Kong and other major cities. In terms of coordinated development, the segment of financial service continues exploring the unique way to combine the industry and finance. By promoting various business models, such as “leasing + investment”, “leasing + asset management”, and “factoring + note”, it offers multi-dimensional and distinctive financial services for its upstream and downstream clients with the combined effects of finance and supply chain service, thus the finance segment achieves greater profitability and ITG gains a competitive edge.

In accordance with the feature of supply chain management, ITG’s core business, the segment of financial service actively seeks opportunities to invest in high-quality assets. It makes profits through a variety of capital operations, such as real estate funds, securities investments, equity investments, fund operations, equity mergers and acquisitions, and the operation of financial license .

The number of ITG’s financial licenses has been expanding. As an important shareholder of Century Securities Co., Ltd., China Industrial International Trust Co., Ltd., and Xiamen Rural Commercial Bank Co., Ltd., etc., the company owns main financial licenses on futures, securities, trust, and banking, etc.

Driven by innovative investment, novel growth model, and technological empowerment, ITG’s Health Technology segment engages in the field of BDO on healthcare, pharmaceutical R&D and licensing, medical supply chains, and hospitals and healthcare services, while fostering a cooperative link between enterprises, the government, and the society. The Health Technology segment is committed to becoming an influential, trustworthy, and advanced health technology enterprise.