The company was founded in December 1993 and is a state-owned enterprise. In May 2002, the company's shares were listed and traded on the Shanghai Stock Exchange. The company is committed to building a shared trade service platform for more than 2.1 million micro, small and medium-sized enterprises, and operating the world's largest small commodity wholesale market, Yiwu China Commodity City. The company is committed to building a shared trade service platform for micro, small and medium-sized enterprises around the world, anchoring the strategic position of a “world-renowned international trade integrated service provider”, and continuously enriching and improving the three major ecosystems: product display and trading ecosystem, supporting service ecosystem, and trade service ecosystem. Corporate honors: “Yiwu China Commodity City” is the first market in the national commodity exchange market to be recognized as a well-known trademark by the State Administration for Industry and Commerce. Yiwu China Commodity City was awarded the honorary title of “Contract-abiding and Credit-abiding Unit” by the State Administration for Industry and Commerce, and Yiwu China Commodity City was awarded the honorary title of “National Market Credit Classification and Supervision Demonstration Market” by the State Administration for Industry and Commerce.