Xiamen Itg Group Corp.,Ltd (China)

Xiamen Itg Group Corp., Ltd is a large comprehensive enterprise located in Xiamen, China. The company is involved in three core industries: trade, real estate, and port logistics. It is recognized as one of the top 500 group companies in China and one of the top 100 listed companies. Xiamen Itg Group Corp., Ltd has been approved by the Ministry of Commerce of China for iron ore import qualifications. It is also a member of the Iron Ore Branch of the China Chamber of Commerce of Metals, Minerals & Chemicals Importers & Exporters and a member of the working group of the Coordination Group for India. The company has long-term supply agreements with well-known mines in India, Brazil, Canada, Australia, and other countries. This provides a resource procurement platform for its affiliated steel production enterprises, such as Fujian Sangang Minguang Co., Ltd and other domestic steel production companies. In addition to bulk iron ore imports, the company is also engaged in the import, export, futures, and domestic trade of metal materials. Its product range includes steel plates, building materials, profiles, as well as scrap steel, pig iron, and ferroalloys. Xiamen Itg Group Corp., Ltd has comprehensive port logistics facilities, including terminals, warehouses, and land and sea transportation facilities. The company's real estate business has a certain brand strength and competitive advantage. It has acquired two plots of land for commercial housing in the Wuyuan Bay area of Xiamen for a total of 3.305 billion yuan. Xiamen Itg Group Corp., Ltd also has significant holdings in financial enterprises, including its wholly-owned subsidiary Xiamen Guomao Futures, which is the second futures company in China with registered capital exceeding 100 million yuan. Additionally, the company has investments in Haitong Securities, Bank of Communications, and Sangang Minguang.