Wuchan Zhongda Group

Trade and sourcing services · Hangzhou, Zhejiang

About Wuchan Zhongda Group

Wuchan Zhongda Group Co., Ltd. is a large state-owned group listed on the Shanghai Stock Exchange (600704) and headquartered in Hangzhou, Zhejiang, which defines itself as China's leader in smart supply chain integration services. With more than 500 member companies, over 20,000 employees and business reaching more than 90 countries and regions, it has appeared on the Fortune Global 500 list since 2011.

Its main business is the integration of bulk commodity supply chains: metals, energy and coal, chemicals and automobile services rank among the national leaders by volume. Around that core, the group operates financial services such as leasing, futures, factoring, asset management and trading platforms, which support the financing of the trading chains themselves.

The third leg of its model, described by the group as a one-body, two-wings strategy, is high-end manufacturing, with activities in wire and cable, cogeneration, tyres, stainless steel, magnesium and aluminium die casting, in addition to water, environmental and healthcare businesses. That combination of trading, logistics, finance and industry makes it an integrated sourcing operator for industrial clients in China and abroad.

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