Introduction to Zheshang Development Group Co., Ltd.

    Zheshang Development Group Co., Ltd.(ZSD), listed on the Shenzhen Stock Exchange since July 1999(Stock Code: 000906), is a state-controlling company holded by Zhejiang Communications Investment Group Co., Ltd(CICO), which is the state company of Zhejiang Province who possess biggest asset amount and supevised by Zhejiang Provincial State-owned Assets Supervision and Administration Commission. 

    The company orientates in Producer Services industry and focuses on supply chain demand pain points of  "infrastructure" "manufacturing" customers. By integrating the company's national offline network and e-commerce platform, combining social warehousing, transportation and processing resources through Digital Collaborative Integrattion, the company provides customers in the field of bulk commodity supply chain with integrated management and one-stop service of the whole chain, such as production and marketing connection, inventory management, warehousing and transportation, cutting and processing, hedging and so on, so as to realize their own value in creating value for customers. The company shoulders the enterprise mission of "making the industrial chain more intensive and efficient", and is committed to becoming a world-class industrial chain organizer and supply chain manager.

    It has been listed on the Fortune China 500（listed company）list for 14 consecutive years and ranked 69th in 2023.won the honor of "National Advanced Collective of Logistics Industry", "Top 150 Golden Bull Investment Value" and "Golden Bull Most Investment Value Award". In 2021, it has been selected as one of the first batch of "National Supply Chain Innovation and Application Demonstration Enterprises". The company's business scale continues to expand and its operating performance has reached record highs. In 2022, it achieved operating revenue of 193.605 billion yuan, up 8.60% year-on-year; total profit of 1.720 billion yuan, up 33.71% year-on-year; net profit attributable to shareholders of the listed company of 1.003 billion yuan, up 22.39% year-on-year.In the first quarter of 2023, it achieved operating revenue of 43.273 billion yuan, up 18.52% year-on-year; total profit of 453 million yuan, up 40.87% year-on-year; net profit attributable to shareholders of the listed company of 265 million yuan, up 58.95% year-on-year, with another record of high-quality development.