ZSD is a state-owned holding listed company under Zhejiang Communications Investment Group, which is a Fortune Global 500 enterprise. Founded in April 1999, the Company is a limited liability company initiated and established by means of a public offering by the Southern Building Materials Group, which was formed with the high-quality assets divested from four subsidiaries of the former Hunan Materials Industry Group. In July of the same year, it was listed on the Shenzhen Stock Exchange (stock code: 000906). In June 2008, the controlling shareholder of the Company was changed to Zhejiang Materials Industry International, which marked that the Company officially entered the state-owned assets system of Zhejiang Province. In January 2016, Zhejiang Communications Investment Group became the controlling shareholder of the Company. Subsequently, in August 2018, the Company officially moved its registration office from Changsha, Hunan to Hangzhou, Zhejiang. With the continuous expansion of the Company's business scale, its operating performance has repeatedly reached record highs, achieving revenue of CNY203.065 billion yuan in 2023, a year-on-year increase of 4.89%; the total profit was CNY1.514 billion; the net profit attributable to shareholders of the listed company was 711 million yuan, marking another milestone in high-quality development.
The company has been listed in the "Fortune" China Top 500 Listed Companies for 14 consecutive years, ranking 69th in 2023. It has also received the highest rating of "A" in the Shenzhen Stock Exchange’s information disclosure assessment for listed companies for four consecutive years. The company has been listed in the "Top 50 Chinese Logistics Enterprises" for two consecutive years, ranking 26th in 2023. It has been awarded as one of the first batch of "National Supply Chain Innovation and Application Demonstration Enterprises" by eight units including the Ministry of Commerce and the Ministry of Industry and Information Technology. It has also been recognized as a "National Advanced Collective in the Logistics Industry" by the Ministry of Human Resources and Social Security and the China Federation of Logistics and Purchasing. It was among the top 30 of the List of China's Most Growing Listed Companies, and was awarded the "Top 150 Golden Bull Investment Value" and "Golden Bull Most Valuable Investment Award" in the 19th and 21st China Listed Company Golden Bull Awards, respectively. Additionally, it is listed among the Top 100 comprehensive enterprises in Zhejiang Province, ranking 11th, and among the Top 100 service enterprises in Zhejiang Province, ranking 3rd. The company has also been selected as one of the first batch of "Eagle Enterprises" and "Flagship Enterprises in the Service Industry" in Zhejiang Province and has been recognized as a "Model Collective in Zhejiang Province."
The Company is positioned in modern production-oriented service industries and vigorously implements the "One, Two, Three, Four, and Five" Development Strategy: that is, focusing on the "goal" of becoming an innovative, technology empowered, and industry-leading integrated supply chain service provider; serves two types of customers, namely those in the fundamental construction and manufacturing; has developed three major capabilities in integrated services, risk management, and capital operation; focuses on four profit models, including industrial finance, basis trading, value-added services, and industrial investment; and strengthens "five major support guarantees" of party building culture, digital skynet, logistics ground network, organizational management, and team building.
The Company has established subordinate business units in most regions of China, such as the central and western regions, the Yangtze River Delta, the Pearl River Delta, and the Bohai Rim, and has set up five platform companies in Hong Kong, Singapore, Indonesia and Thailand to fully integrate into the national new development pattern of dual cycle. In recent years, the Company has vigorously promoted the integration of industry and finance, integration of industry and trading, integration of domestic and foreign markets, accelerated the integration of digital skynet and logistics ground network, and has always been committed to providing customers with comprehensive, multi-level, and personalized integrated supply chain services including consulting, raw material procurement, inventory management, finished product sales, shearing and machining, logistics distribution, financial regulation and supervision, information management, risk hedging, asset management, and various links.
The Company adheres to the enterprise spirit of "entrepreneurship, innovation, and efficiency", is guided by the philosophy of "striving to become a world-class enterprise", and takes "Make the industrial chain more intensive, greener, and smarter" as its mission. It actively promotes transformation and development and "second entrepreneurship", steadily moves towards the goal of "becoming a core competitiveness of the industrial chain organizer and supply chain manager", and realizes its own value while creating value for customers continuously.