ZG Group (6676.HK)

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ZG Group operates a digital platform that connects third-party steel transactions in Mainland China, United Arab Emirates, Hong Kong, Malaysia, Korea, and internationally. It operates through segments: Transaction, Transaction support, Technology subscription, Overseas transaction business, and Others. The Transaction services segment acts as agent and earns commission from trading steel products via its online platform. The Transaction support services segment provides customers with one-stop logistics, warehouse and processing services, as well as integrated transaction settlement services. The Technology subscription services segment offers digital transaction solutions, including SaaS services, data analysis and other value-added services. The Overseas transaction business segment provides manufacturers, manages inventories and distributes steel products through overseas distribution channels. The Others segment procures non-steel products. It also offers B2B services, including online steel transactions, logistics, warehousing, and processing, financial solutions, SaaS products, and big data analytics. It serves the electronic components, electrical, hardware, and non-ferrous metals markets. ZG Group was founded in 2012 and is headquartered in Shanghai, China.

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