Jiangsu Overseas Group Co. Ltd. (JOC), a wholly state-owned large enterprise with registered capital of RMB 500 million, was established in 1995 and listed as a ¡°Pillar Enterprise of Jiangsu Province¡± in 1996. JOC is empowered by the People¡¯s Government of Jiangsu Province to invest, operate and manage with the allocated state-owned assets. Through years of continuous development, JOC has become a big group company incorporating international trade, industrial investment and modern service business together, and has realized an annual turnover of over RMB 12 billion, import and export volume USD 2 billion and net assets RMB 2.4 billion.

JOC is the largest Jiangsu enterprise who not only has a large volume of international trade but also makes a large number of investments at home and abroad.