Rising by Four Places! SUMEC International Technology Co., Ltd. Ranks 56th in Chinese Import Enterprises in 2019

On April 23rd, China Customs Magazine released a list of China's top 200 foreign trade companies. SUMEC International Technology Trade Co., Ltd., a subsidiary of SUMEC Group Corporation, ranked 56th in the list of China's top 100 general trade import enterprises for the ninth consecutive year, and rose by 4 places from the previous year.

In 2019, the total imports of China for the whole year was 14.31 trillion yuan, growing at 1.6%, while SUMEC International Technology Co., Ltd.’s total imports increased 15% year-on-year, outperforming the industry trend. During the 20 years since the company’s development,  SUMEC International Technology Co., Ltd. has been relied on the import of mechanical and electrical equipment and commodity trade and promoted innovative explorations such as strategic transformation and upgrading, business model innovation, platform support, diversified commodity operations and digital transformation.The scale of operation continued to grow. The import scale of textile equipment remained the first in the country all the year round. The import scale of light industry equipment, medical equipment, wood and wool ranked among the top 10 in the country all the year round. The import scale ranked among the top 10 in Nanjing Customs for 15 consecutive years.

Meanwhile, SUMEC International Technology Co., Ltd. continues to optimize its strategic position as a "supply chain leader", fully integrate upstream commodity resources and downstream customer resources, improve the operation capability of the supply chain and the industrial chain. Sumec has built a global equipment trading service platform called "SUMEC World", and continuously built a new online ecology of mechanical and electrical equipment import with "customer circle, supplier circle and logistics circle" as the core, formed a perfect end-to-end operation network and control system, and provided one-stop supply chain integration solutions for customers in various sub-sectors.

The Honors of SUMEC International Technology Co., Ltd.

■ The First Batch of Pilot Enterprises in National Supply Chain Innovation and Application

■ Top 10 Steel Circulation Enterprises in China

■ Top 10 Brands of National Bidding Agencies

■ Top Ten Foreign Trade Import Enterprises in Nanjing in 2019

■ Top 10 Foreign Trade Export Enterprises in Nanjing in 2019

Facing the gradual release of domestic demand in the post-2020 epidemic era, how to cultivate and expand new momentum and new economy, promote Chinese manufacturing to improve quality and efficiency, introduce intelligent and advanced equipment, and promote digital transformation is a key link. In the future, SUMEC will continue to implement its domestic and foreign market strategy, give full play to the advantages of global supply chain operation capabilities, pay more attention to the needs of domestic customers, accelerate the pace of digital transformation of the "SUMEC World" platform, strive to build an efficient and win-win supply chain ecosystem, provide more professional, reliable and efficient services for upstream and downstream partners, and continue to make positive contributions to the transformation and upgrading of China's economy.

[Cooperation Trends] Henan Xinye Textile and SUMEC Establish Comprehensive Strategic Cooperation Relationship

On November 26, 2018, Mr. Wei Xuezhu, the Chairman of Henan Xinye Textile Co., Ltd. (hereinafter referred to as Xinye Textile), and his team visited SUMEC International Technology Trade Co., Ltd (hereinafter referred to as SUMEC ITC). Hu Haijing, the General Manager of SUMEC ITC, Yang Lin, the General Manager of SUMEC Finance Division, and Cai Qiuyan, the General Manager of SUMEC ITC. Southeast Division, held full and friendly discussions. The two sides signed a strategic framework cooperation agreement on this basis

Henan Xinye Textile Co., Ltd. (stock code 002087) is a large national textile backbone enterprise, one of 520 national key supporting enterprises and 50 key supporting enterprises in Henan Province. Its stock went public in November 2006.

The company's main economic and technical indicators are ahead of the national advanced level in the same industry, and its comprehensive strength ranks among the top 10 in the same industry in China. It has successively won the honorary titles of "National Advanced Collective in Textile Industry", "Top 20 Enterprises in National Cotton Textile Industry Competitiveness" and "National Harmonious Textile Enterprise" and has been assessed as "National Leading Enterprise in Agricultural Industrialization".

Strategic Cooperation

According to the Strategic Framework Agreement, SUMEC ITC and Xinye Textile will carry out all-round strategic cooperation in the textile field on industrial cooperation, financial services, raw material trade, supply chain integration, etc. Meanwhile, it is agreed in the Strategic Framework Agreement that SUMEC ITC will promote cooperation between Xinye Textile and other companies under SUMEC Group.

Hand-in-hand Development

SUMEC International Technology Co., Ltd., as the argest mechanical and electrical product import supply chain service provider in China, hopes to establish long-term and extensive cooperative relations with benchmarking companies in various industries for mutual benefit and win-win relationship.