ZHESHANG DEVELOPMENT Group Co., LTD

ZHESHANG DEVELOPMENT Group is a state-owned holding listed company under Zhejiang Communications Investment Group, one of the World's top 500 enterprises. The Company was founded in April 1999, and is a limited liability company initiated and established by means of public offering by the Southern Building Materials Group, which was formed with the high-quality assets stripped from four subordinate companies of the former Hunan Materials Industry Group. In July of the same year, it was listed in the Shenzhen Stock Exchange (stock code: 000906). The Company engages in producer services in modern service industry, and its core business is the supply chain integration services for industrial customers. These businesses are mainly distributed in the Yangtze River Delta, Pearl River Delta, Bohai Rim and the central and western parts of China, and the Company has set up 3 regional platform companies in Shanghai, Guangdong and Hainan. Besides, it has set up 4 international platform companies in Hong Kong, Singapore and Indonesia. In recent years, the Company has deeply promoted the integration of industry and finance, trade and industry as well as internal and external development, accelerated the integrated development of digital "sky network" and logistics "ground network", actively integrated into the new development pattern of "double cycle", and focused on the demand triggering points of capital construction and manufacturing customers. By relying on its strong offline service network and industrial Internet platform, the Company realizes digital collaborative integration of social storage, transportation and processing resources to provide customers in the industry chain with end-to-end production and marketing connection, inventory management, logistics distribution, production & processing, industrial finance, price management, production management and consulting services, digital services and other whole chain integrated management and one-stop services.