Jiangsu Guotai International Group, formerly named Shazhou Foreign Trade Corporation, was founded in 1997. The group mainly involves in the importing & exporting business, and it also engages in software R&D, new energy and new materials, high-end hotels, real estate, retail brands, finance and securities. Guotai Group ranks NO. 326 among the Top 500 Enterprises in China and NO. 125among the Top 500 Service Enterprises in China in 2017. The subsidiary Jiangsu Guotai International Group Guomao Co., Ltd was founded in May 1998. In December of2006, Jiangsu Guotai International Group Guomao Co., Ltd. officially listed in shenzhen stock exchange (stock name of "jiangsu guotai", stock code "002091"). In December of 2016, the group's major asset restructuring successfully completed, the group's trade supply chain business, Internet business, financial investment business and other core resources were fully integrated into the listed company, which has improved securitisation rate of state-owned assect and opened long term growth space for future development.