Founded in May 1998, Hangzhou Hanggang Foreign Economic Relations and Trade Co., Ltd. is a wholly state-owned subsidiary of Hangzhou Iron & Steel Group Co., Ltd. As a Fortune Global 500 enterprise and with a registered capital of RMB 368,000,000, we hold 5 wholly-owned and holding subsidiaries, 1 participating subsidiary, 6 management departments, 1 research department and 7 business departments, mainly engaging in four business segments, i.e. iron ore, manganese ore, semi-steel and steel products, coke, coking coal and thermal coal.
With diversified, multimode and multi-industry operation, we have been committed to promote business both at home and abroad, covering all parts of the country. What's more, we have established long-term and stable partnerships with the world-famous mining companies, steel production enterprises and suppliers and distributors from more than 30 countries and regions in six continents. We have passed Quality Management System Certification (ISO 9001:2015), Environment Management System Certification (ISO 14001:2015) and Occupational Health and Safety Management Systems (ISO 45001:2018).And we have been awarded A class enterprise by China Customs and have been listed in China's top 500 foreign trade enterprises for many times. With a business scale of over RMB 50 billion and an international trade volume of over USD 1.3 billion. We have become a window leading the Hangzhou Iron & Steel Group Co.,Ltd. to the international markets and the main international trade company in Zhejiang Province.
As one of major members of the trade field of Hangzhou Iron & Steel Group Co.,Ltd., we will be based on Ningbo Iron & Steel Co., Ltd., actively implementing the Group's development strategy of "four-wheel drive and innovation center", seizing the opportunities brought by the "Belt & Road" Initiative and ocean economic development of Zhejiang Province. We will adhere to seek improvement in stability and make efforts to establish the new development pattern of dual circulation to turn the company into a comprehensive service provider of export-oriented raw materials with diverse resources, smooth channels, convenient transactions and excellent services, following a way of high-quality development with foreign economic and trade characteristics.