Zheshang Development Group Co., Ltd (000906.SZ) SHZ

Currency In CNY

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Zheshang Development Group Co., Ltd

Address

Zhejiang Traffic Group Building

Hangzhou, 310014

China

Phone

86 57 1878 52866

Sector

Industrials

Industry

Conglomerates

Employees

2531

First IPO Date

July 07, 1999

Key Executives

NameTitlePayYear Born
Liang LiangDeputy General Manager01973
Yong WeiDeputy General Manager01971
Wen Ming LiGM & Director01973
Yi Jie PanHead of Accounting Department & Accounting Supervisor0N/A
Zhuming DengFinancial Director01970
Jiannan XuDeputy General Manager01989
Bangjing LeiDeputy GM & Secretary of the Board01980
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Description

Zheshang Development Group Co., Ltd. is a multifaceted enterprise with operations spanning both domestic and international markets, primarily focusing on commodity trading, financial services, online retail, automotive sales and after-sales support, and logistics. The company is deeply involved in the commerce of a diverse range of steel products, including rebar, wire rod, various types of round steel, hot and cold rolled strips and coils, I-beams, and angle and groove bars. It also trades in raw materials such as steel feed and iron ore. Complementing its core trading activities, Zheshang Development offers a suite of value-added services, including wholesale and retail distribution, bespoke processing, warehousing and delivery solutions, financial assistance, e-commerce integration, and comprehensive logistics and supply chain management across both upstream and downstream segments. Its financial services arm provides finance leasing, commercial factoring, and specialized financing options such as industrial bond and supply chain financing. In the technology sector, the company develops and supplies industry-specific management software, offers custom development for information management systems, delivers Software-as-a-Service (SaaS), and provides expert IT management consulting. Zheshang Development also manages an extensive portfolio of digital platforms. These include integrated solutions for supply chain management, customer relationship management (CRM), power sales management, financial leasing tools, car free carrier (CFC) services, unified enterprise mobile connectivity, enterprise integration, centralized purchasing, and logistics and warehouse management. Additionally, it operates platforms for cross-border e-commerce, a dedicated commercial marketplace for commodities, and a data analytics platform specifically for the steel trade industry. Its logistics division provides a comprehensive suite of services encompassing warehousing, transportation, processing, logistics transaction management, and financial supervision. In the automotive industry, the company sells and services various car brands through its network of approximately eight standard 4S dealerships. Furthermore, it operates a taxi business. Founded in 1999 and headquartered in Hangzhou, China, the company was formerly known as Zhejiang Materials Development Co., Ltd. before officially adopting its current name, Zheshang Development Group Co., Ltd., in January 2017.

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