In 2009, our Group was founded in the beautiful harbor city Qingdao. Since its establishment, it has been focusing on the production, processing, selling and exporting of plated metal sheets/coil and nonferrous metal sheets/coil, and is devoted to becoming an integrated supply chain service provider in building materials. So far, the registered capital of the group is 200 million CNY, and has 5 subsidiary companies: Shandong Sino Steel Co., Ltd., Shandong Sino Aluminum Co., Ltd., Qingdao Sennuo Steel Co., Ltd., Liaocheng Sino Composite Material Co., Ltd., and Qingdao Sino Sci-tech Development Co., Ltd. Meanwhile, it possesses a branch in Vietnam, and company-level warehouses in Kenya, Uzbekistan, Ghana, and Ivory Coast. As of the first half of 2022, the company’s products have been sold to more than 150 countries, more than 3,000 clients, and more than 1,000 clients are doing business with the company continuously. A complete industry chain has been established: purchase, manufacturing, processing, transportation, warehouse management, and independent marketing network.

As a window of foreign trade of China’s iron and steel industry, the company cooperates with its domestic and international partners on the principles of mutual benefits and win-win, greatly supporting the healthy and rapid development of China’s iron and steel industry. During its development, the Group is targeted at “building an international one-station shopping center of construction materials”, and constantly expanding its field of business. From 2019 to the present, namely during its stage of innovation and breakthroughs, the Group established many domestic and international production lines (domestic: Binzhou, Linyi/Tianjin exempt-zone); meanwhile, it established Sino Building Material (Vietnam) Co., Ltd., which is directly managed by the group. As another important factory of the world, Vietnam is also a country of diversified raw materials. To establish a branch in Vietnam is an important step of the company’s strategy—to integrate global supply chain and achieve the objective of “Purchase globally and sell globally”. On this basis, the Group has been actively engaged in the expansion of global distribution. It not only built warehouses in Africa (Kenya, Ghana, and Ivory Coast), Central Asia (Uzbekistan), and Azerbaijani regions, but also will establish warehouses in Zambia, Senegal, Kirghizstan, and so forth, and invest more in the production line in Kenya, Vietnam, and Uzbekistan. This is a symbol of the company’s entering a new stage of rapid development.

In 2021, the company made new plans for its future strategic layout. On the basis of its traditional steel and nonferrous metal manufacturing, trading and processing business, it launched a new business—the export of new energy vehicles, and the import of agricultural products. Therefore, a new business layout that focuses on manufacturing, processing, trading, overseas warehouse operation, and export, and that is supported by supply chain and finance gradually comes into being.

Among its five subsidiary companies, Qingdao Sino Sci-tech Development Co., Ltd. is a new energy vehicle company invested and established by Sino Construction Materials Group. It integrates research, development, manufacturing, sale, and agent business. With the immense economic strength, specialized steel production background, and extensive overseas warehouses of the Group, it has become the agent or authorized dealer of many new energy vehicle brands in China. For batched EV orders, the company can make an appointment with the new vehicle manufacturer and enjoy priority in production and assembling, so its demand will be met preferentially. In the end of 2021, the company invested in the transportation team (for domestic vehicle transportation) – the Sino Logistics, entering a new stage in whole-vehicle transportation in China. Meanwhile, with its international logistics platform, it has reached agreements in international sea transportation, automobile and train transportation (Central Asia and Europe), launching a new chapter in the integration of new product supply chains.

Moreover, the Group follows the state’s dual circulation development strategy closely. It relies on its overseas company and client resources and bases itself on the resource advantage of developing countries to explore the business of import, which involves products such as agricultural products, meat, wood, etc. On one hand, it established an import supply chain, to meet the needs of clients in China; on the other hand, it brings back the capital kept overseas to China, so as to reinforce its overseas layout. While ensuring the increase in manufacturing and scale of export, it will expand its business and utilize its capital, and achieve the diversified development of the company on the principle of “Focus on One Business, Maintain Diversified Operation.

We can do more than just this. In the future strategic plan, the Group will keep optimizing and innovating based on its existing achievements, speed up the layout of overseas warehouses, factories, and companies, and carry out diversified development and operation. It will adhere to its vision of “Become an integrated supply chain service provider with international competitiveness”; it will be driven by its mission of “Focus on quality service, make choices simple”, and develop comprehensively, stably, and healthily.