Hangzhou Hanggang Foreign Economic Relations and Trade Co.,LTd.(abbr. HGFT), a wholly state-owned subsidiary of Hangzhou Iron and Steel Group Company(HISGC), is established in May, 1998, approved by Former Ministry of Foreign Trade and Economic Corporation, PRC, who has now possessed subsidiaries as: Ningbo Bonded Area Hanggang Foreign Trade Development Company, Sure Gem (Tianjin) International Trade Co.,Ltd, Sure Gem (Ningbo) International Trade Co.,Ltd , and Zhejiang Hanggang Sure Gem Energy Co.,Ltd. HGFT currently covers such business departments as: iron ore, scrap steel, metal material ,nonferrous metal, energy resource and electrical equipments, steel products, chemical products(I), chemical products(II), timber and pulp, fluorite and minerals, Ningbo managing departments ,etc.
HGFT develops in both domestic and international market, implementing multi-dimensional, multi-mode and cross-industry business strategy, with its business area covering all over the country. HGFT has built long-term and stable cooperation relationship with world famous suppliers, sales agents and manufacturers from Europe, America, Australia, Africa, Southeast Asia, Japan, Korea and Taiwan area.
Supported by HISGC, HGFT greatly promotes enterprise spirit “explore, create, develop with Hanggang spirit”, insists on enterprise mission “establishing in Hanggang, facing the world, being large and strong, developing continuously”; adheres to business idea” honesty and double-win, seeking perfection”. Through 15 years’ effort, the annual turnover of HGFT has exceed RMB 15 billion yuan, with importing and exporting trade volume over one billion US dollars, and it has been honored with Class A Company by China Customs, and the title of "China quality credit enterprise" by China Entry-exit Inspection and Quarantine Association, repeatedly listed in China foreign trade top 500 enterprises, and also has passed the ISO9001:2008 quality management system certification. HGFT is the door of HISGC for international business, and also the major international trade enterprise in Zhejiang Province.
Development objectives of HGFT: Develop broadly and powerfully the raw materials and fuels resource products simultaneously including minerals, ferrous and nonferrous steel, scrap steel, chemical raw materials, coal, timber, etc.; form an integrated business system covering importing and exporting, domestic trading, processing and logistics business; be one of the most competitive , powerful, and comprehensive foreign trade companies in Zhejiang province.