Overview

Zhejiang Zhongtuo, a state-owned listed company under Zhejiang Provincial Transportation Group, a Fortune Global 500 company, was established in April 1999. It was a limited liability company initiated by four companies under the former Hunan Material Group to divest high-quality assets and establish Southern Building Materials Group through fundraising. In July of the same year, it was listed on the Shenzhen Stock Exchange (securities code: 000906). In June 2008, the controlling shareholder of the company was changed to Zhejiang Wuchan International, officially entering the state-owned asset system of Zhejiang Province; In January 2016, Zhejiang Transportation Group became the controlling shareholder of the company; In August 2018, the company's registered address was officially relocated from Changsha, Hunan to Hangzhou, Zhejiang. The company's business scale continues to expand, and its operating performance has repeatedly reached historical highs. In 2022, it achieved a revenue of 193.605 billion yuan, a year-on-year increase of 8.60%; The total profit was 1.72 billion yuan, a year-on-year increase of 33.71%; The net profit attributable to shareholders of the listed company was 1.003 billion yuan, a year-on-year increase of 22.39%. In the first half of 2023, the operating revenue reached 97.87 billion yuan, a year-on-year increase of 7.88%; The total profit was 884 million yuan, a year-on-year increase of 8.19%, achieving excellent results in high-quality development and further innovation.