founded in may 1998, hangzhou hanggang foreign economic relations and trade co., ltd. (referred to as hanggang foreign trade) is a wholly state-owned subsidiary of hangzhou iron & steel group co., ltd. as a fortune global 500 enterprise and with a registered capital of rmb 368,000,000, we hold 7 wholly-owned and holding subsidiaries, they are zhejiang fuchun co.,ltd.，zhejiang fuchun trade centre co.,ltd.，ningbo bonded area hanggang foreign trade development co.,ltd.，ningbo hanggang sure gem trading co.,ltd.，zhejiang hanggang dunfu trading co.,ltd.，and hg sure holding pte. ltd. zhejiang hanggang zhentong new material technology co.,ltd. and we are mainly engaging in four business segments, i.e. iron ore, manganese ore, semi-steel and steel products, coke, coking coal and thermal coal.
with diversified operation philosophy and motivated by company strategy, we have been committed to promote domestic business covering all parts of the country, moreover, we have established long-term and stable partnerships with the world-famous mining companies, steel production enterprises and suppliers and distributors from more than 30 countries and regions in six continents. we have passed quality management system certification (iso 9001:2015), environment management system certification (iso 14001:2015) and occupational health and safety management systems (iso 45001:2018). and we have been awarded a class enterprise by china customs and have been listed in china's top 500 foreign trade enterprises many times. with a business scale over rmb 50 billion, we have become a major international trading company in zhejiang province, performing as a representative role of hangzhou iron & steel group co.,ltd. to cope with the challenges from the same industry and expand the vision of internationalization.
hanggang foreign trade, a crucial member of hangzhou iron & steel group co.,ltd. in the modern trading field, will be actively involving and pursuing the group's development strategy of "four-dimension drive and innovation highland". we will adhere to the goal of seeking improvement in stability and make efforts to forge a valuable integrated service provider of raw materials with an international perspective, implement new development concepts, build new development patterns, and promote high-quality progress. in the fast changing global environment, we are striving to become not only a trustworthy, respectable, and staff-proud international first-class enterprise, but also to be an outstanding character in the industry.