Shanghai Zhanzhi Industrial Group Co., Ltd. (hereinafter referred to as "Zhanzhi Group") was founded in 1982, focusing on industrial steel services for 37 years. Headquartered in Yangpu District, Shanghai, the company has annual sales of steel products amounting to more than 35 million tons and sales of more than 15 billion yuan. The main business covers more than 20 provinces and cities in China, and involves in international trade. It is a large comprehensive group enterprise integrating steel processing, logistics and distribution, warehousing supervision and steel trade.