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Introduction of Hualing Group

Over the past ten years, under the guidance of the Party's reform and opening-up policy, Hualing Group has taken the market as the guide, with the goal of constructing a big market and developing a big circulation, continuously expanding the scale of operation, practicing the low-cost, rolling development, so as to make the brand of Hualing bigger and bigger and more and more well-known, and become one of the private enterprises with strong economic strength in the autonomous region, playing the role of a leading enterprise in accelerating the construction of a modern international trade city in the autonomous region and in Urumqi. It has become one of the private enterprises with strong economic strength in the autonomous region and Urumqi, and plays the role of a leading enterprise in the modernized international trade city.

In the past two years, Hualing Group has insisted on the implementation of diversified business strategy under the guidance of the general idea of building big market and developing big circulation. Through asset reorganization, it has successively merged, acquired and controlled Xinjiang Tourist Car Rental (Group) Limited Liability Company, Urumqi Hongyan Industry and Trade Corporation, Urumqi Third Transportation Corporation, Urumqi North Suburb Breeding Chicken Farm, Urumqi Thermal Power Corporation Third Branch, Xinjiang Overseas Chinese Guest House, Xinjiang China Travel Service and other seven enterprises, with reorganization of assets of RMB 560 million yuan, and resettlement of more than 3,000 employees. With the continuous development of Hualing Group, the scale of Hualing Market, which is the main enterprise of Hualing Group, is also expanding. At present, Hualing Group owns 11 commodity wholesale markets of different sizes in Xinjiang and neighboring countries, covering a total area of 2,350 acres, with a floor area of 420,000 square meters put into operation and more than 5,200 business households stationed in the markets. In Hualing market, it has formed a multi-level market system with different levels and scales of big market, small market, professional market and individual operators, with more than 20,000 employees, daily passenger flow exceeding 100,000, and traffic flow reaching more than 8,000 vehicle trips. 1998, Hualing International Second Class Port was officially switched on and off, and Hualing Import & Export Co. In 1999, Hualing Market was established by the State Economic and Trade Commission as a national key commodity wholesale market contact unit. By the end of 2000, the cumulative amount of building materials from Hualing Market to Central Asian countries reached 180 million US dollars, and 80% of the goods of three building materials markets in Almaty, Kazakhstan came from Hualing Market, which is playing a more and more important role in the East-West linkage.

New century, new journey, new ambition, in the implementation of the western development strategy, Hualing Group implements the regional party committee and Urumqi municipal party committee to build Xinjiang as the international trade center in the western part of China, and Urumqi into a modern international trade city, and Hualing Group has to play a leading role in the requirements of the national industrial policy and the development priorities of the autonomous region, and combines its own advantages to formulate the development of the group. The advantages of Hualing Group has formulated the development strategy of the group, which is to solidly develop the commodity circulation industry, build a bigger market, make the circulation more active, improve and support the big circulation pattern of "North Urumqi, South Korla, West Astana, Almaty" in the North, South Korla and West Almaty, and at the same time, support the development of the industry and accelerate the development of tourism industry, so as to form the three industries complementing each other. The three industries complement each other and go hand in hand, drive each other, promote each other's new situation, and constantly enhance and expand the popularity of the brand "Hualing", make the brand stronger and bigger, and strive to use 3-5 years to build the Hualing Market into a set of business, shopping, warehousing and distribution, processing and accommodation, leisure and entertainment, and a large circulation pattern. In 3-5 years' time, we strive to build the market into a modernized multi-functional garden market integrating operation, shopping, warehousing and distribution, processing, assembly, catering and accommodation, leisure and entertainment, and to build the market into a first-class distribution center for domestic and foreign commodities. We will strive to make Hualing Group become one of the top ten private enterprises in the autonomous region with assets of 10 billion yuan before 2010.