ZHESHANG DEVELOPMENT GROUP (SHANGHAI)CO.,LTD. is a wholly-owned subsidiary of the state-owned listed company Zheshang Development Group Co., Ltd (stock code 000906) in Shanghai, with a registered capital of 50 million yuan, and was incorporated on March 8, 2016. The company is mainly engaged in the supply chain business of steel products, minerals, chemicals, and other bulk materials in domestic and overseas market, and is committed to the construction of bulk material supply network, and provides supply chain supporting services for customers' regional development by utilizing the broad marketing network of CICO and ZMD. Relying on the good social reputation and strong financial strength of CICO and ZMD, the company widely unites steel producers and steel demand enterprises with regional competitive advantages to work together and develop together. With the concept of "customer value-oriented and integrated services", the company is transforming into a service integrator, creating a leading competitive bulk commodity supply chain service with industrial e-commerce as an important means and industrial finance as an important support, based on mobile Internet technology.