The Group has established 37 self-owned production enterprises around core commodities, and cultivated a number of core commodities with leading industries and strong international influence. Among them, the import and export volume of hair products, diamonds, woven fabrics, aquatic products and other commodities ranks first in the same industry in China. The Group established a research and development technology center, which was recognized as the "municipal technology center" in Qingdao, and created more than 20 independent brands, two of which were recognized as export brands that were cultivated and developed in our province. Xinhuajin international trade service brand was recognized as "Qingdao Famous Trademark" and "Qingdao Famous Trademark" and was selected as "Qingdao Top Ten Service Trademarks".
On the basis of the rapid development of international trade, the Group adheres to the principle of "moderate relaxation", develops industries such as financial investment, real estate development, international logistics and manufacturing, and pays attention to the strategic coordination of mutual support among industries, which promotes the sound development of various industries and realizes the transformation from a single foreign trade enterprise to a comprehensive, international and industrialized large enterprise group. In May 2007, the Group completed the listing on the domestic main board market through acquisition and reorganization, which achieved a breakthrough in the listing of foreign trade enterprises in Shandong Province and established a new investment and financing channel and capital operation platform. The stock code of the listed company is 600735; The affiliated real estate company has developed a number of real estate projects, including 8 projects under construction, and is building a new Huajin real estate brand famous for its high-end commercial housing.
Since its establishment, the Group has built an internal organizational structure and modern enterprise operation mechanism based on corporate governance structure in accordance with property rights relations, and has innovated its operation in the market, giving full play to its scale advantages and industrial synergy. The main business of international trade has made great progress, occupying a leading position in Shandong, and the newly developed financial investment, real estate development and pension industry have also made rapid development.
Based on the rapid development of international trade, the Group adheres to the principle of "moderate relaxation" and develops diversified industries such as financial investment, real estate development and pension in a timely manner. The Group prudently invested in Taiping Container, Huomei Aluminum Power, ARATS Trust and cooperated with Korean financial institutions to dispose of non-performing assets, and acquired the Regent Qingdao, a five-star hotel in Qingdao. In May 2007, through acquisition and reorganization, the Group successfully listed on the domestic main board market (stock code: 600735), which achieved a breakthrough in the listing of Shandong foreign trade enterprises, entered a new field of capital management from commodity management and built a new capital market platform. The real estate company under the group has developed several properties.
Facing the new development opportunities, Xinhuajin Group will focus on the grand goal of building a century-old strong enterprise, make strategic transformation according to the business model of multinational companies, take the main business of trade as the cornerstone, take the combination of industry and finance as the platform, accelerate the transformation from large to strong, and make every effort to build a service-oriented multinational group with obvious competitive advantages, leading industries, good brand effect and good corporate image.