Zheshang Development Group Co., Ltd. Class A
SSZSE:0009065.66
CNY
-0.03
(-0.53%)
ISIN
CNE000000YS8
Return %
Stock
S&P 500
1Y
-10.30
13.14
3Y
-22.15
80.78
5Y
-43.63
67.74
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
CNY
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in mil. unless spec.Quarterly Earnings Per Share
CNY
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in mil. unless spec.Quarterly Dividends Per Share
CNY
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in mil. unless spec.Company Description
- CEO
- Gui Xu
- Full Time Employees
- 2,094
- Sector
- Distribution services
- Industry
- Wholesale distributors
- Address
- Tuozhong Building, No. 1658 Hangzhou ZH China 311203
- IPO Date
- Jul 7, 1999
- Website
- zmd.com.cn
- Similar Companies
- Business
- Zheshang Development Group Co., Ltd. (000906.SZ) is a China-based state-owned holding company principally engaged in integrated supply chain services for industrial customers, primarily in metal materials, metallurgical raw materials, and related commodities; the company provides comprehensive services including consulting, raw material procurement, inventory management, finished product sales, shearing and machining, logistics distribution, financial regulation and supervision, information management, risk hedging, and asset management. It trades specific products such as screw-thread steel, wire rods, round steel, hot-rolled strips and coils, cold-rolled products, I-beams, angle and groove bars, steel billets, and iron ore; additional offerings encompass finance leasing, commercial factoring, industrial bonds, supply chain financing, industry management software, software-as-a-service, IT consulting, CRM platforms, power sales management, centralized purchasing, warehousing logistics, cross-border e-commerce, automotive sales and after-services through approximately eight 4S shops, taxi operations, and new energy solutions including household photovoltaics under the ZSD Guangying brand and energy storage manufacturing via ZSD Xieneng Factory. Operations span most regions of China, including central and western areas, Yangtze River Delta, Pearl River Delta, and Bohai Rim, with platform companies in Hong Kong, Singapore, Indonesia, and Thailand; it serves customers in fundamental construction, manufacturing, highways, railways, bridges, tunnels, and comprehensive transportation hubs. Founded in April 1999 as Southern Building Materials Co., Ltd. and listed on the Shenzhen Stock Exchange in July 1999, the company is headquartered in Hangzhou, Zhejiang Province, and operates as a subsidiary under Zhejiang Communications Investment Group, a Fortune Global 500 enterprise. Formerly known as Zhejiang Materials Development Co., Ltd., it changed its name to Zheshang Development Group Co., Ltd. in January 2017, relocated its management headquarters to Hangzhou in June 2016, and shifted its registered address to Xiaoshan District, Hangzhou, in August 2018. Recent developments include the launch of its digital supply chain operation platform in September 2022, enhancing management systems and business models; introduction of the ZSD Guangying household photovoltaic brand and ZSD Xieneng Factory operations in March 2023 for rural rooftop solutions and energy storage manufacturing; and completion of its new headquarters building in September 2023 to boost management efficiency and deepen divisional reforms. In 2024, the company reported revenue of 201.9 billion yuan and received regulatory notice from the China Securities Regulatory Commission in May 2025; its controlling shareholder, Zhejiang Provincial Transportation Investment Group, announced in April 2025 a plan to increase its stake by 1-2% within six months, completing a 1.02% increase by July 2025. The new energy business achieved 8.5 billion yuan in revenue in the first three quarters of 2025, with photovoltaic operations across 20 provinces and leading lithium carbonate trading volumes.