Making Steady Progress, Carrying out Reform and Enabling Innovation, Making Great Achievements
Fortune Global 500 Company Breaks New Ground and Basks in Glory
厦门网讯 (厦门日报记者 林露虹 本版图/国贸控股集团提供)在美国《财富》杂志发布的2017年世界500强排行榜中，厦门国贸控股集团有限公司以2016年营业收入1456.86亿元榜上有名，位列第494位。
With 2016 revenues of RMB 145.7 billion, Xiamen ITG Holding Group made it onto Fortune Global 500 list, ranked #494.
As a role model for Xiamen’s state-owned enterprises, the ITG Holding Group has achieved glory and dreams of steady progress, reform and innovation.
Rapid development: from 2006 to 2016, operating income grew by 7x at a rate of 21.44% year-over-year growth. Operating profits grew by 4.99x in the same time frame at a rate of 17.44% year-over-year growth. In 2016, the Company contributed over RMB 3 billion in taxes back to the community.
Quality development: Under the leadership of the Xiamen Municipal Committee, the city government, and the State-owned Assets Supervision and Administration Commission, the company stayed at the forefront of modern business practices while upholding the values of the national government. The Company always strives to innovate and improve efficiency, constantly reforming its business practices and tactics, continuously developing its competitive abilities.
Corporate Social Responsibility: As the company strives to create societal wealth, it always maintains honest business practices, aims to perfect corporate governance methods, and promotes safe manufacturing processes. The Company’s footprint is ever-present in the establishment of Xiamen citizens’ welfare, the development of the Xiamen Free Trade Zone, the maintenance of Xiamen’s competitive edge, and the acceleration of cross-strait trade.
Corporate culture: Xiamen ITG Holding Group and its subsidiaries actively promotes a fulfilling work environment, striving to make the company a stage for its employees to realize their career goals. We view ourselves as a great family in which our members can grow and hone their professional skills.
Behind its success are the Company’s employees, on a mission to discover, create, and realize value every day, constantly aiming for perfection. Now one of the 500 most influential companies in the world, Xiamen ITG Holding Group has weathered the changes brought by reform and innovation, serving as a force of confidence and motivation for its employees and partners.
Seizing the opportunity to become part of the history of Xiamen’s development, the company has striven to proactively integrate Party policies and promote corporate reform. Xiamen ITG Holding Group is the first company to establish operations in Huli District’s Cross-strait Financial Center. At the same time, the Company contributed the development of Free Trade Zones and actively integrated the goals of the Belt and Road Initiative.
Keen on Reform
ITG Holding Group has gradually developed a distinctive management philosophy emphasizing the following four aspects:
1) Strengthening the Party’s construction work -- ITG Holding Group endeavors to give full play to the leadership of the Communist Party and its role of both a leadership core and a political core of the company, and thus provides strong organizational support for the company’s healthy growth;
2) Promoting securitization --At present,ITG Holding Group owns two companies listed on the main board, two companies listed in the NEEQ Market, and one company that is yet to be listed;
3) Establishing a market-driven development model -- ITG Holding Group has achieved a high level of marketization in talent introduction, recruitment, decision-making, and the incentive and restraint systems;
4) Pursing internationalization --ITG Holding Group is playing an active role in China’s Belt and Road Initiative. At present, ITG Holding Group has invested in 30 projects outside Chinese mainland, establishing a business presence in regions including China’s Taiwan, Hong Kong and Macau, and countries and regions including Singapore, Europe, North and South America, and Australia.
The Company has been active in developing societal welfare for many years, acting as a role model for Corporate Social Responsibility. For example, the Company has actively participated in disaster relief efforts, providing charitable assistance to the poor, promoting culture, education, and public health. Giving back to society is the Company’s mission.
》》Links to the Economy
Greater and Finer Supply Chain
The Company is committed to the formation, nurturing, and development of core industries, prioritizing quality and efficiency. The Company has allocated increased resources to its core supply chain businesses, including iron ore, steel, copper, and coal. It has also developed businesses around paper products, textiles, rubber, timber, and non-ferrous metals. The Company’s vehicle brands, ITG Motors and Xindeco Motors, have made their way onto the list of China’s top 100 automobile dealers. Under its logistics branch, ITG Tidak Logistics has been recognized as one of China’s top 100 companies in the field. In the Commercial & Retail industry, ITG Financial Center MS City won the grand award of 2016 Commercial Planning, Innovation and City Promotion bestowed by CSA.
Better and Broader Real Estate
ITG Real Estate Co. , Ltd. is committed to developing high-quality housing, with projects covering Xiamen, Zhangzhou, Longyan, Shanghai, Anhui, Hunan, Jiangxi, Jiangsu, and Hangzhou. It was recognized as one of China’s top 100 real estate developers. Xiamen ITG Holding Development Co.,Ltd. has undertaken and participated in a number of key governmental projects. ITG Property Management Co. is classified by the Ministry of Housing and Urban-Rural Development as a first-tier property management service provider. It is ranked among the top in Fujian province in terms of comprehensive capabilities and area under management.
Specialized Financial Services
The Company’s Financial Services Division has developed rapidly in recent years, with enormous potential for expansion still ahead. The Division comprises an asset management futures company and also includes wholly- and partially-owned underwriting, pawn shop, micro-finance, venture capital, commercial factoring, and capital lease companies. It also has equity shares in rural-commercial, village, and county banks. The Company is one of few state-owned enterprises to offer such a high level of diversity in the financial services industry. In 2015, Xiamen ITG Financial Holding Co. Ltd was founded, aiming to build a specialized platform integrating production, trade and finance.
The Company’s Manufacturing Division includes high technology areas such as LED lighting, Internet of Things, medical products, clean energy and food production. Through technological reform and M&A activities, the company has constantly improved its manufacturing practices, evolving from simply manufacturing products to providing complete solutions, striving for optimal capital utilization.
Xiamen ITG Holding Group Co., Ltd. was established on May 25, 2006. Its predecessor, Xiamen Commerce & Trade State-Owned Assets Investment Co., Ltd., was one of the state-owned enterprises under Xiamen Municipal Government. Specializing in the operation of supply chains, real estate, financial services, and manufacturing, ITG is the holding company of Xiamen ITG Group Corp., Ltd. and Xiamen Xindeco Ltd., both of which are listed companies, as well as Zhonghong Pulin Group Co., Ltd. It is also the parent company of three wholly-owned companies, namely, Xiamen ITG Zhong Shun Group Co.,Ltd. Xiamen ITG Financial Holding Co., Ltd. and Xiamen Pointer Investment Management Co., Ltd.