Established on May 25, 2006, Xiamen ITG Holding Group Co., Ltd., formerly known as Xiamen Commerce & Trade State-Owned Assets Investment Co., Ltd., is one of the state-owned enterprises directly affiliated with the Xiamen Municipal Government.ITG Holding has earned Enterprise of Observing Contract and Valuing Credit Awards at city, provincial and state levels for consecutive years. It is a model enterprise winning Advanced Internal Audit Enterprise status, and one of the Top 100 EnterprisesFocusing on Education in China, a Model Work Unit in Xiamen, and a Model Work Unit with Business Culture in Xiamen.In 2016, ITG Holding ranked 141th in China’s Top 500 Enterprises, 57th in China’s Top 500 Enterprises in the Service Sector, and 78th in China’s Top 500 Foreign Trade Enterprises. In 2015, ITG Holding achieved a revenue of RMB 102.6 Billion, ranked 2nd in Xiamen’s Top 100 Enterprises in the general category.
The main wholly-owned and majority-controlled subordinate enterprises under ITG Holding are: Xiamen ITG Group Co., Ltd., Xiamen Xindeco Ltd., Xiamen ITG Zhongshun Group Co., Ltd., and Xiamen ITG Financial Holding Co., Ltd.. ITG Holding’s business cope range from five major business sectors covering supply-chain operation, real estate and property services, financial services, manufacturing, and international economic cooperation.
For years, ITG Holding has always been adhering to its mission of ‘Discover Value, Create Value, Deliver Value’, embracing its core value of ‘Perseverance and Perfection’, and carrying forward its corporate culture of ‘Big Stage, Big School, Big Family’. ITG Holding has always abided by laws, regulations, and policiesand adapting the modern enterprise’s corporate governance structure for the company’s production, operation, and management. ITG Holding’s vision is ‘To become a top investment holding conglomerate.
ITG Holding Group operates its supply chain with refocusing strategy, having well developed its core business of iron ore, steel, copper, automobile, and coal, and major business of paper products, textile products, rubber, timber and non-ferrous metal. ITG Holding’s supply-chain operation sector is now building its superb pattern globally, including subsidiaries and offices in Hong Kong, Macau, Taiwan, Unite States, Indonesia, Singapore, New Zealand and cities in mainland China (including Beijing, Shanghai, Shenzhen, Chongqing, Guangzhou, Tianjin, Chengdu, Qingdao and etc.). ITG Motors and Xindeco Motors ranked 70th and 79th in 2015 China’s Top 100 Automobile Dealer Enterprises. ITG Teda Logistic is a China Top 100 Logistics Enterprises and A China Advanced Logistic Enterprise.
ITG Real Estate is one of China’s Top 100 Real Estate Enterprises, China Trustworthy and Respectful Real Estate Brand, 2016 China Top 10 Real Estate Developer of Effective Operation, and has also awarded the Golden Key of Fujian Province Renowned Trademark/Brand. ITG Real Estate is committed to providing high quality residential properties, with its property developments across China, in Xiamen and Zhangzhou, and in provinces such as Anhui, Hunan, Jiangxi and Jiangsu. ITG Property, Xiahe Property and Dushijingxiang Property (under ITG Zhong Shun) are accredited as Class-A Property Services Enterprises by Ministry of Housing and Urban-Rural Development of the People’s Republic of China. The overall performance and the managing area of ITG Holding’s property sector enjoy leading status in Fujian Province, and the brand has a reliable market reputation.
The financial service sector is becoming a major driver of ITG Holding’s rapid growth. ITG Holding has Futures Company with assets management qualification, wholly-owned and majority-controlled bonding companies, pawnshop, small-loan companies, venture capital funds, commercial proxy companies, financial leasing companies. It also participates the investment of shares for Xiamen Rural Commercial Bank, Tong’an Town Bank and other financial services enterprises. ITG Holding widely participates in financial services in Xiamen. Xiamen ITG Financial Holding Co., Ltd. was established in 2015 for the overall planning of the financial services segment, with a commitment of building a financial holding platform that integrates manufacturing, trading and financing.
1.LED Optoelectronics Industry: The business scope of Xiamen Xindeco Optoelectronics Co., Ltd. (a subsidiary of ITG Holding) includes Ultra-high Brightness LEDs packaging, researching, developing, and manufacturing. The Company is a leader enterprise for emerging industries of strategic importance in Fujian Province, the sales volume and overall performance of its LED Street Light are on the Top 3 in China.
2.Internet of Things: Xiamen Xindeco IOT Technology Ltd. (a subsidiary of ITG Holding) is one of the earliest companies that focus on the full scale of researching, developing, and manufacturing for RFID products. The RFID tags production line is a leader in the domestic industry, which provides global vision management platform, video platform, and E-vision RFID could. The Company is also a network security solutions provider.
3.Medical Products Manufacturing: Zhonghong Pulin Medical Products Co., Ltd. (a subsidiary of ITG Holding) is a professional manufacture with a focus to research, develop, manufacture and sell vinyl gloves and nitrile gloves. The company is the industry leader in gloves with 50 vinyl glove production lines, 32 nitrile glove production lines, with an annual output of 9 billion gloves. On July 29th 2015, Zhonghong Pulin was successfully listed on the New OTC Market.
4.Renewable Energy: Xiamen ITG Zhong Shun Renewable Energy Co., Ltd. (a subsidiary of ITG Holding) provides heat energy for Haicang Xinyang Industrial Park, Haicang Biochemical Base and Tongan Food and Light Industry Park. The company is transforming its business concept into green and low-carbon emission, focusing on becoming an enterprise that integrates the use of natural resources, including heat and power cogeneration, central heating supplying system, sludge incineration and solid waste disposal. 5.Food Industry: Zhonghong Sanrong Group Co., one of the invested enterprises of Zhonghong Pulin Group Co., is a modern "one-stop" leading agricultural enterprise composed of breeding, hatching, slaughtering, processing, domestic and overseas sales. ITI Co. (under ITG Group Co.) is another leading enterprise specialized in production, processing and sales of canned food.