Xiangyu Honour Wealth Supply Chain Co., Ltd

Xiangyu Honour Wealth Supply Chain Co., Ltd., founded in 2017 with a registered capital of 300 million yuan, is a professional stainless steel supply chain platform company controlled by thelisted company Xiamen Xiangyu Co., Ltd. (stock code: 600057), joint venture with Hongwang Holding Group.Xiangyu Honour Wealth Supply Chain Co., Ltd. specializes in the supply chain business of the whole stainless steel industry from nickel ore, chrome ore, NPI, electrolytic nickel, FENI, ferrochrome, etc. to various categories of stainless steel such as billet, cold rolling, hot rolling, profile, steel pipe, etc.. It also provides supply chain financial services, bulk commodity procurement and comprehensive logistics solutions for the upstream and downstream customers of the stainless steel industry. In recent years, the company focuses on expanding international business and cultivating new growth drivers of business around the the Belt and Road countries by following the development direction of platformization, internationalization, and digital intelligence as well as integrating domestic customer resources and deepening services. In 2021, the company's international business increased by 32% year-on-year.Based on the integration of the stainless steel industry chain, Xiangyu Honour Wealth Supply Chain Co., Ltd. provides the resources and capabilities of all links, from importing, processing, smelting raw ore to intermediate products, and processing, trading, warehousing, distributing exporting finished product. It also provides the integrated services of import and export, domestic trade for the whole industry chain. Among them, the nickel business team integrates high-quality nickel ore, ferronickel and other resources at home and abroad, integrates the upstream and downstream information of the industrial chain, and provides professional and customized comprehensive solutions such as procurement and marketing, channels, information, supply chain, etc. for domestic stainless steel plants, special steel plants, ferronickel plants and other customers by virtue of the team's years of deep experience in the industrial chain.