Shandong Foreign Trade Group Xinxin Co., Ltd.

Shandong Foreign Trade Group Xinxin Co., Ltd. was established in 2001. It was originally a subsidiary of Shandong Foreign Trade Group Co., Ltd. with a registered capital of 10 million yuan. In 2005, based on the merger and integration of the import and export business department of the original Shandong Foreign Trade Group Co., Ltd. and Shandong Baofeng Trading Company, it was restructured into a new joint-stock foreign trade enterprise controlled by Shandong Yuantian International Co., Ltd. and participated by natural persons. It is mainly engaged in international trade, with an annual import and export volume of approximately US$100 million. The company adheres to the concept of honest management and takes "Being honest and doing things with heart" as its core values. It has established good cooperative relations with hundreds of merchants at home and abroad. Foreign merchants are mainly located in the United States, Canada, Japan, the European Union, Russia, South Korea, the Middle East, Southeast Asia, Hong Kong, Taiwan and other countries and regions. Domestic merchants are mainly large ports, industrial and mining enterprises, power enterprises, small and medium-sized enterprises, scientific research institutes and hospitals in Shandong, as well as enterprises and traders from other regions in the country such as Beijing and Shanghai. The company's main trading fields and imported commodities include: energy projects; large port machinery, various general equipment, complete sets of processing equipment, wood pulp, road asphalt, steel, chemical products, electronic instruments, etc. It also provides extended domestic and international logistics services, as well as technology import trade such as patented technologies supporting imported equipment. The export business is mainly large ship trading. The ship types are product oil tankers, car roll-off ships and bulk carriers. Other export items include household textiles, handicrafts, chemicals, mechanical and electrical products, quick-frozen vegetables, canned food, etc. The company's honest management has been awarded the "A" category by the customs