Xiamen ITG Holding Group Co., Ltd.

Xiamen ITG Holding Group Co., Ltd. (“ITG Holding”) is a state-owned enterprise group that belongs to Xiamen City. It has earned distinction in numerous rankings both domestically and internationally: Fortune 500 companies, World’s 500 Most Influential Brands, Asia’s 500 Most Influential Brands, National Excellent Collectives in Poverty Alleviation, National Contract-Abiding and Trustworthy Enterprises, Model Enterprises in China for Internal Audits, Top 100 Chinese Excellent Units in Enterprise Education, Top 100 Enterprises in Fujian Province, Culturally and Morally Outstanding Units in Fujian Province, Model Enterprises for Integrity in Xiamen City, and Model Units for Corporate Culture in Xiamen City. The Group has also been listed among the Top 500 Chinese Enterprises, Top 500 Chinese Enterprises in the Service Sector, and Top 500 Chinese Foreign Trade Enterprises for several years. In 2023, it was listed as a Fortune 500 company for the seventh time and ranked at 95th place, Meanwhile, it ranked 29th among the “Top 500 Enterprises in China”.

The Group’s operation is primarily concentrated in five areas: supply chain, advanced manufacturing, urban construction and operation, consumption and health, and financial services.

The company’s wholly-owned enterprises and share-holding enterprises include Xiamen ITG Group Corp., Ltd. (listed), Xiamen Xindeco Limited (listed), Xiamen CCRE Group Limited (with a listed subsidiary, XGMA), Xiamen ITG Real Estate Co., Ltd., Xiamen ITG Capital Group Co., Ltd., Xiamen ITG Education Group Co., Ltd., Xiamen ITG MICE Group Co., Ltd., Zhonghong Pulin Group Co., Ltd. (with a listed subsidiary, Zhonghong Pulin Medical Product), China ZhengTong Auto Services Holdings Limited (listed) and Xiamen ITG Holding Group Finance Co., Ltd.

Committed to “leading competitive industries and a better life”, the Group strongly adheres to its core values: leadership, responsibility, hardworking and partnership. As a pioneer of innovative culture, the Group devotes itself to “becoming a world-class enterprise leading competitive industries and a better life”.

Supply Chain

Our supply chain management business holds a leading position in various domestic fields, including metallurgy, pulp& paper, agricultural products, textiles, energy and chemical engineering, non-ferrous metals and rubber.

The Group works to expand its industry chain’s upstream and downstream for a vertical industry chain, while it also horizontally replicates its supply chain model to expand the enterprise’s business categories and meet clients’ core demands, such as stable commodity sources, cost reduction and risk control. It accomplishes this dual expansion by relying on its core competitiveness in resource acquisition and distribution channels on a global scale, professional and flexible risk control, 5A logistics and distribution, and finally comprehensive financial services. It aims to construct a high value-added comprehensive service platform that integrates resource concentration, channel development, price management, financial services, logistics, distribution, risk control, brand maintenance and industrial investment. By building up its capacity to integrate the flows of business, commodities, capital and information, the company can provide clients with comprehensive and customized supply chain service solutions while leveraging digital technology to promote business innovation, build a smart supply chain and empower industrial transformation and enhancement.

The Group has established domestic regional companies and offices in more than 100 cities as well as overseas branches in more than 10 countries and regions. It boasts supply chain-related business ties with over 170 countries and regions and serves more than 90,000 active clients upstream and downstream. To ensure effective and quick response to market demand, it has built a comprehensive business network in major sales markets at home and abroad.

Advanced Manufacturing

Advanced manufacturing mainly covers electronics and information, high-end equipment and other related businesses. The Group strives to incubate and cultivate new energy industries to actively build an investment platform for advanced manufacturing in Xiamen.

The electronics and information business mainly includes flat panel displays, IoT, and optoelectronics. The 6th generation flexible AMOLED production line project of Tianma Microelectronics Co., Ltd., in which the Group is the lead investor, has attracted a total investment of RMB 48 billion, making the plant one of the largest in China for single flexible AMOLED and the most advanced in the world. The 8.6 generation of Tianma’s new display panel production line project and Tianma New Display Technology Research Institute’s Micro LED test line project, in which the Group also leads in investment, have pooled a total investment of RMB 33 billion. These investments are targeted at markets for display products that are used in automobiles, IT facilities, industrial products and other display-related applications.

The IoT business focuses on R&D, manufacturing and application integration services for RFID tags, reading and writing equipment, RFID solutions and other hardware and software. Its products are mainly applied in the supply chain for footwear, apparel, retail, libraries, or for identification, food traceability and smart city applications. Thanks to its Xiamen City Key Laboratory for Electronic Tags, the Group has been awarded the IoT Star and recognized as the Star of Smart Technology by the industry association for years.

The optoelectronics business features advanced equipment for automatic production and testing. Its production and sales of packaging and lighting products lead the industry.

The high-end equipment business involves loaders, excavators, road machinery, drilling machinery, environmental protection machinery, hydraulic components and parts and other fields. In this sector, the Group strives to further integrate information and industry, accelerate digital transformation, and upgrade traditional manufacturing to be intelligent manufacturing. In this business line, the Group’s main affiliates include XGMA, XGMA Heavy Industry, Yinhua Machinery and Sanming Heavy Industry.

As to new energy resources and advanced material aspects, the Group has launched power generating projects involving photovoltaic power, wind power and energy storage covering processes of developing, investing, constructing and operating, and also offered integrated solutions relating to wind energy, optoelectronics, charging pile, energy storage, hydrogen energy plus integrated energy, through which, the Group is playing the role to guide the industrial agglomeration of green energy to take shape, as well as to build an industrial ecosystem centering new energy.

Urban Construction and Operation

The urban construction and operation sector mainly includes: real estate, urban services, asset operation, education, conferences and exhibitions, etc.

In the real estate development sector, the Group has established presence in 20 key cities in five regions across the country, creating over 100 high-quality projects and a series of top-notch product lines, such as the Original Series, Superior Series, and Tianqin Series. The development project area exceeds 15 million square meters, with over 200,000 property owners. The Group continues to promote the national strategic layout of “taking root in Fujian, Yangtze River Delta, middle reaches of the Yangtze River, Greater Bay Area, Chengdu-Chongqing urban agglomeration, and capital metropolitan area”. As one of China’s top 50 real estate developers in terms of comprehensive strength, ITG Real Estate has won numerous accolades, such as the 2022 Top 40 Real Estate Enterprises in Product Power, 2022 Top 20 Real Estate Enterprises in Customer Satisfaction, 2023 Top 10 Real Estate Developers in Innovation Capability, and 2023 Top 30 State-Owned Real Estate Developers in Comprehensive Strength.

The Group’s urban renewal and agent-construction business is actively integrated into Xiamen’s plan to upgrade development on and off the island. The Group works to innovate upon a government-led + enterprise operation model, and facilitates upgrades to the Sports Exhibition New City in the east of Xiamen, the Binbei Super Headquarters Base, the Shapowei Area and the Wuyuan Bay Operation Center Phase II, for a renovated area of over 10 million square meters and ranking among top20 real estate enterprises of China in integrative agent-construction competence. The project agent-construction business offers one-stop professional agent-construction services for large public buildings, cultural and educational facilities, hospitals, municipal facilities and resettlement housing. It includes a total agent-construction area of over 10 million square meters and over 100 projects, which infuse urban development with a strong sense of responsibility and mission.

The Group has 200+ property service projects, with a total area of over 35 million square meters under its management and over 4,000 employees. As the owner of the “Platinum Excellence” high-end business cluster brand and “ITG Industry Park Service” brand, ITG service was reputed successively as “Top 50 Property Management Enterprises of China”, “The Best 100 Property Management Enterprises of China in Brand Value”, plus the “Top20 China's State-owned Property Management Enterprises in Comprehensive Strength”. What’s more, the Group became a member of the Golden Key International Alliance in 2021. This marked a new beginning for the Group’s quality services, which cover property management, industrial park operation, investment management, community economy, smart cities, etc. It provides professional services for the whole life cycle of different projects such as residential blocks, office buildings, industrial parks, administrative offices and schools.

With regard to asset operation business, the Group, relying on rich operational experience and brand influence, builds a one-stop asset operation service platform which features of customized operation solution, optimized resource allocation, investment, multi-business collaboration and other advantageous services. The integrated operation model of commerce, industry and cultural tourism takes industry research, investment operation and investment management as the core to build core competitiveness, and involves industrial parks, commercial management, cultural immersion travel, tourist attractions, long-term rental apartments and other fields, with multi-business synergies empowering urban construction and development. Asset management team will deepen the leasing and operation market for existing state-owned assets such as housing, shops, warehouses and office buildings, strengthen asset innovation, transformation and revitalization, and promote the preservation and appreciation of state-owned assets through efficient operation.

As for education sector, the Group gives full play to its resource advantages, proactively practices the role of state-owned enterprises, adheres to the dual-engine layout of education industry and human resources, attaches importance to education and employment, and helps to accelerate urban development, through leveraging its three major businesses: basic education, higher education and vocational education, and human resources.

The conference and exhibition business undertakes the construction and operation of Xiamen International Expo Center, takes the initiative to participates in the comprehensive developing of the exhibition cluster area, plans and organizes large-scale conferences and exhibitions at home and abroad, provides high-quality business services, and helps Xiamen become a high-caliber, beautiful and international city in exhibition.

Consumption and Health

The consumption and health sector mainly covers the areas of automobile, medical and health care, and food.

As the holding company of ZhengTong Auto and Xindeco ITG Auto, the Group operates more than 160 automobile 4S stores, new energy vehicle experience centers and other outlets in 17 provinces and municipalities that are governed directly under the central government. They distribute over 30 luxury and mid- to high-end car brands, including Maserati, Porsche, BMW, Mercedes-Benz and Audi. The Group’s business scope covers branded 4S dealership, used vehicles, parallel imported vehicles, auto finance, auto maintenance, roadside assistance, and public charging stations for new energy vehicles. Stores operated by the Group are among the leading auto dealers in China.

The Group’s medical devices business involves the R&D, production, and sales of high-quality disposable health protection products, medical sterile devices, and other medical supplies and equipment. With five major production bases located in Hebei, Jiangxi, Guangxi (province in China), and other regions, the Group boasts one of the top capacities for disposable protective gloves in China and even worldwide. Driven by innovative investment, the Group’s health technology business integrates resources with an innovated development model, meshes business with technology, and concentrates on two pillar sectors of medical devices and elderly care services, counts on five competence centers, to forge an industrial ecosystem of big health. It aims to build cooperative links and platforms that bridge enterprises, society and the government, thus facilitating value creation while also serving society and people.

The broiler business integrates chicken breeder raising, chick hatching, broiler raising, food processing, and foreign trade, and deploys seven production bases, with an annual broiler slaughtering and processing capacity of over 100 million chickens.

Financial Services

To provide excellent financial services, we have professional and fully licensed futures management companies and financial companies and we also have PEs to support the development of our industrial entities. ITG Futures, which has branches in many major cities, ranks Level A of Class A for its services, including commodity futures brokerage and financial futures brokerage. Our company provides standard banking services for member companies as well as interbank lending and bill discounting. Our company provides asset management, financial leasing, commercial factoring, securities, mortgaging, microfinance and other financial services. We are the shareholder of licensed financial corporations including Xiamen International Bank, Xiamen Rural Commercial Bank, China Industrial International Trust Limited and Century Securities. Having started and attended over 20 PEs with a total of RMB 30 billion yuan, our company is quickly developing by integrating the industrial business with financial services. By providing multidimensional and unique transaction platforms and financial services for upstream and downstream industries, we will continue to build a financial ecosphere.