Established on March 8th, 1998, Northern International Groupis
combined by the advanced enterprises among sta-e-owned foreign trade
companies in Tianjin and it is the first sizable foreign trade group
approved by Tianjin Municipality, ranking No.2 in the 50 top export
enterprises in Tianjin.Nowit has nine enterprise members of colose
level,which all have established morden enterprise system,seven
import and exp-ort companies of them are classified among the 50
top exp-ort enterprises in Tianjin and three of them rank with the
500 largest import and export and export enterprises in China,theother
two service companies are leading enterprises in their own fields
as well.The Group has 2 bran- ches in Tianjin engaging import &
export business and warehousing & transportation.The Group also
has over 110 enterprises of semi-close level with investment relationship,more
than 30 of them are o- verseas enterprises or representative offices.
Approved by the Ministry of Foreign Trade and Economic Cooperation
and Tianjin People′s M- unicipality,the core enterprise of the Group,Northern
International Holding Co.,Ltd.(herein after called NIC)is a holding
company and solely-owned legal body with first lot of registered
capital of RMB 118 million and total assets of about RMB 3 billion.Its
import and export volume in 1999 is US$420 mill-ion and export volume
is US$368 million which covers about 40% of total export volume
of the state-owned foreign trade companies in Tianjin.It expects
that its annual grows of import and export volu-me will be 10%.
NIC aimes at turning itself into a multinational company backed
up with trabe, ind- ustry,finance and technology and engages in
trade,financing,information,service and development.
The staff of NIC sincerely welcome friends from all walks of life
borth at home and abroad to est- ablish and promote the business
relationships,and enjoy a prosperous future together through futher
cooperation.
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