What is Zhaogang.com? Zhaogang.com Review

Company Introduction

Zhaogang.com has cooperated with more than 100 steel mills and has more than 94,000 registered users in 31 provinces and more than 290 cities in China. Zhaogang.com has a team of more than 1,300 people. In addition to the Shanghai headquarters, it has formed a marketing service network that radiates across the country. At the same time, focusing on the "Belt and Road" and international business layout, Zhaogang.com has established overseas branches in South Korea, Vietnam, Thailand, the United Arab Emirates, Myanmar and Tanzania.

Business of Zhaogang.com

Zhaogang.com's full industrial chain business has been fully expanded to one-stop information-based warehousing and processing services, fourth-party logistics platforms, Internet financial services, international e-commerce, etc. The development of Zhaogang.com will greatly help the transformation and upgrading of China's steel industry, change its extensive development model, and promote the industry's transformation from a more chaotic "wholesale system" to a more advanced "retail system"; the data channel established by Zhaogang.com will facilitate banks and other financial institutions to quickly, conveniently and safely support upstream manufacturing and downstream micro-service industries. The cross-border retail channels established by Zhaogang.com will help industrial manufacturing industries such as steel to go abroad better and healthier, change their past rough export model, and occupy a favorable position in the international competition of the industrial chain.

At present, Zhaogang.com has become the object of imitation for industrial Internet and B2B e-commerce in various traditional fields in China. A large number of "ZhaoX.com" imitating Zhaogang.com have been born in the fields of plastics, chemical fibers, cotton spinning, coal, etc. The rise of industrial Internet in various traditional industries will surely provide critical help to the transformation and upgrading of China's traditional economy. Zhaogang.com has also become a landmark enterprise of industrial Internet.

Zhaogang.com Corporate Culture

Corporate vision: Let users trade, serve and work on Zhaogang. As long as the planet is still using steel, there will be a need for Zhaogang.com.

Corporate mission: To connect everything in the steel industry chain and improve the operational efficiency of each link.

Financing situation of Zhaogang.com

In December 2011, Zhaogang.com received a RMB 10 million Series A investment from Xiangfeng Huaxing and Zhen Fund.

In March 2013, it received tens of millions of yuan in Series B investment from Matrix Partners China and Xiangfeng Huaxing;

In December 2013, it received a US$34.8 million Series C investment led by Xiongniu Capital and Sequoia Capital, with participation from Matrix Partners China and Xiangfeng Huaxing.

In January 2015, it completed a $100 million Series D investment, led by IDG and Huasheng Capital, followed by Xiongniu Capital, Sequoia Capital, and Matrix Partners China.

In May 2015, Zhaogang.com made a strategic investment in Zhaoyou.com (an Internet-based refined oil e-commerce service platform) as an angel investor. Currently, Zhaoyou.com has completed its C1 round of financing and has a strong growth momentum.

In February 2016, it completed a RMB 1.1 billion Series E financing round, led by Jingxi Venture Capital and co-led by China-Thailand Securities.

In July 2017, it completed a financing of over 500 million RMB, invested by Huaxing, Jingxi Venture Capital, and Sino-Russian Investment Fund.

Honors of Zhaogang.com

In July 2015, Zhaogang.com was selected as the "2015-2016 E-Commerce Demonstration Enterprise" by the Ministry of Commerce.

At the end of 2015, founder and CEO Wang Dong won awards such as "2015 China Maker", "Top Ten New IT Youths in Shanghai", and "Top Ten Outstanding Young Entrepreneurs in Shanghai".

On July 12, 2016, the results of the “Top 100 Chinese Internet Companies in 2016” jointly organized by the Information Center of the Ministry of Industry and Information Technology and the Internet Society of China were announced, and Zhaogang.com successfully ranked among the top 100 Internet companies in the country.

In April 2017, Wang Dong, founder and CEO of Zhaogang.com, was awarded the title of "Xinhuanet Industry Expert" by Xinhuanet.

In April 2017, Zhaogang.com and its founder Wang Dong ranked first on the lists of "Top 100 Chinese Commodity E-commerce Companies in 2017" and "Top 100 Chinese Commodity E-commerce Figures in 2017".

In May 2017, Wang Dong, founder and CEO of Zhaogang.com, won the title of "Person of the Year" at the 2nd China International Big Data Industry Expo.

In June 2017, Shanghai Municipal Commission of Commerce designated Zhaogang.com as the first batch of "Shanghai Business Integrity Public Service Platform Market Credit Sub-Platform".

In August 2017, Zhaogang.com was listed in the 2017 Top 100 Internet Companies in China.

In September 2017, Zhaogang.com was listed in the "Top 500 Chinese Enterprises" and "Top 500 Chinese Service Enterprises".

In October 2017, it was ranked second in the "2017 China B2B Enterprise Top 100 List".

In March 2019, Zhaogang.com was named "Shanghai E-Commerce Demonstration Enterprise 2018-2019".

Development History of Zhaogang.com

In December 2011, the company's early team was formed, with 11 people at the beginning;

In August 2012, the online trading platform (TP system) was officially launched.

In April 2013, the company started self-operated and affiliated businesses.

In May 2013, Zhaogang.com’s Nanjing, Wuxi and Hangzhou branches were officially established and put into operation.

In April 2014, the Korean branch was established, taking the first step towards internationalization.

In September 2014, Zhaogang.com signed a strategic cooperation agreement with Angang.

In 2014, Fat Cat Logistics, Fat Cat Finance and other industrial chain sectors were established.

In June 2015, Fat Cat Baitiao was officially launched.

In July 2015, Zhaogang.com successfully hosted the new steel productivity engine under the "Internet +" strategy - the "2015 Steel E-Commerce Summit".

In February 2016, it was officially approved as the 2016 national service industry standardization pilot project.

In May 2016, Wang Dong, founder and CEO of Zhaogang.com, was elected as the 11th executive director of the China Association of Young Entrepreneurs.

On May 12, 2016, Zhaogang.com held a strategic cooperation press conference with Haier International Trading Company, a subsidiary of Haier Group, a leading domestic home appliance industry company, to jointly invest in building the HotOEM platform under Haier's cross-border e-commerce platform, and work together to build HotOEM into a high-quality small home appliance enterprise and product incubator in China, as well as a cross-border comprehensive service platform for small home appliances.

On July 7, 2016, the "Steel Industry New Media Alliance", the first new media operation organization in the domestic steel industry jointly initiated and voluntarily joined by enterprises, was officially established, with the secretariat located at Zhaogang.com.

On July 11, 2016, the certification ceremony for Shanghai's first batch of trade-oriented headquarters was held at the Shanghai Municipal Government. Zhaogang.com became one of the first companies to receive this honor.

In June 2017, Zhaogang.com and WeBank signed a strategic cooperation agreement in Shanghai to establish a comprehensive strategic partnership.

In October 2017, the Myanmar branch signed the first wire distribution contract, and the Myanmar business was fully launched.

As of December 2017, the international business has expanded to six countries: South Korea, Vietnam, Thailand, the United Arab Emirates, Myanmar and Tanzania.

In September 2018, Zhaogang.com Wuhan R&D Center officially moved into the 5A Grade A office building - Optics Valley New Development International Center.

On September 28, 2018, Zhaogang.com and Tencent Cloud announced that they will join hands to explore the B2B field. The two parties will jointly establish a new company to launch transaction tool products for all B2B fields.

In November 2018, the steel industry’s first artificial intelligence voice tool, @胖猫, was officially launched.

On June 25, 2019, Zhaogang.com entered into an agreement with UnionPay Electronic Payment, a leading third-party payment channel under China UnionPay.