Wanda International Trade Group Co., Ltd. is a wholly-owned subsidiary of Wanda Holdings Group which is among the TOP 500 companies in China. It is the sole group trading company without administrative district title in Qingdao free The company was incorporated in 2016 with a register capital of RMB 1 billion. Its former name is Qingdao Santifon International Trade Co., Ltd..
Wanda International Trade Group Co., Ltd. is a light asset company which gains the jointed effort of China Wanda Group. Currently, it owns 9 domestic and overseas subsidiaries including Qingdao Santifon, Qingdao Yourubber, Tianjin Riease, Shanghai Quanzhong, Xinjiang Guangyuan, GM Hong Kong, GM Singapore and GM Dubai. In 2016, its sales income reached over RMB 30 billion. It has four business units on energy, metal, rubber and coal. The company has licenses granted by Ministry of Commerce including Non-State Fuel Oil Importation License, Operating License of Hazardous Chemicals, Operating License for Precursor Chemicals and Food Circulation License. In 2016, it was rewarded the title of “enterprise of integrity” in Qingdao. It has been named as “core customers” for four years in a row by banks such as Bank of China, Bank of Communications, Shanghai Pudong Development Bank, etc.. It has been also rewarded as “Yearly Outstanding Contribution Award” by Wanda Group for five years in a row.
Qingdao Santifon International Trade Co., Ltd., its subsidiary, in 2015 and 2016, ranked first on forex payment and receipt of trading companies in Qingdao free trade zone and ranked first on application and receipt of VAT invoice. It is the sole trading company with a "10 million RMB" invoice increment in Qingdao free trade zone.
Yourubber E-Commerce Co., Ltd., its subsidiary with the registered website of www.yourubber.com, is the first “Internet + rubber” e-commerce platform in its industry. The brand of “Yourubber” was registered in the State Administration of Industry and Commerce in 2016 and was certified as a “credit website” by China Electric Commerce Association.
Hongtai Energy (Singapore) Pte. Ltd., its overseas center, successively invested in companies such as Shanghai Xiangda Financial Leasing, British Oxford Capital, Malaysia Hongtai International, etc.. In 2015, it joined “Singapore Global Trader Organization”. In 2016, it was listed on Singapore TOP 1000, ranking at 743th. It operated over 7 million tons of crude oil in 2016. It is a well-known trade company in the petroleum industry in Singapore. Also, it has built comprehensive and strategic cooperation with French BNP, Netherlands ING and British Standard Chartered, which are huge international banks, on settlement, financing, investment, etc..
In the coming future, Wanda International Trade Group will grasp tightly the opportunities in the national “Belt and Road” initiative and build itself into a huge circulation company with “global trade, diverse financing, systemic service and maximum value” based on the regional, policy and financial advantages in Qingdao Free trade Zone.