Xiamen ITG Group Corp Ltd

Xiamen ITG released its 2026 semi-annual report. In the first half of the year, it achieved operating revenue of 196.204 billion yuan, up 29.37 percent year on year, with second-quarter revenue returning to the 100 billion yuan level. Net profit attributable to shareholders of the listed company was 426 million yuan. Its supply chain management business achieved operating revenue of 196.18 billion yuan, with gross margin up 0.97 percentage point year on year to 2.37 percent, and overall bulk commodity trading volume up about 12.8 percent year on year. During the reporting period, overseas revenue exceeded 40 billion yuan, up more than 30 percent year on year, setting a record high for the same period. The company newly established four major business sub-groups covering steel, iron ore, pulp and paper, and agricultural products, and added 21 overseas warehouses in key regions including Africa, Southeast Asia, and South America.

Xiamen ITG Group and Shanghai Baosight Software have signed a strategic cooperation agreement. The two sides will leverage ITG's scenario resources in supply chain operations, bulk commodity trading, warehousing and logistics, combined with Baosight Software's technological strengths in digital transformation and industrial internet platforms, to jointly provide upstream and downstream industries with support for digital transformation project development, accelerating the realization of ITG's digital and intelligent strategic goals. Going forward, the two parties will also explore the full potential of cooperation across the supply chain, seeking innovative services based on supply chain scenarios and digital collaboration solutions for the bulk commodity industrial chain.

Xiamen ITG Group Executive Vice President Rong Kunming outlined a new development pathway for supply chain globalization at the Third Global Expansion Summit in Singapore. The company’s strategy moves from global trader to industrial partner and ultimately to value chain integrator, aiming to integrate worldwide resources, industries, and markets. Xiamen ITG now operates more than 50 overseas branches and investment companies, with localized operations including a self-operated floating storage facility in Singapore that participates in the Platts fuel oil pricing window, an integrated wood chip operation in Vietnam covering the entire value chain from forest to port, and comprehensive supply chain services in Uzbekistan spanning the entire industrial chain. The company is also advancing an AI-powered supply chain strategy, including an intelligent iron ore decision-making model to improve market forecasting and resilience. Rong called for cluster-based globalization where companies expand overseas together through complementary capabilities and shared resources.