China-Base Ningbo Group Co., Ltd (CBNB) was established in 1985. Its predecessor was Ningbo Branch of China Export Commodity Base Construction Corporation, a state-owned enterprise. It was restructured into a joint-stock enterprise in 1999.?CBNB?is one of China's top 500 enterprises integrating internationalization, financialization and industrialization, covering domestic and foreign trade, entity industry chain operation, foreign trade comprehensive services, cross-border trade services, automobile sales and aftermarket, ranking 11th in China's private foreign trade top 500.?With annual turnover of 109.5 billion yuan and annual import and export volume of US$ 4.958 billion, and the total import and export volume has been ranked first in Ningbo for many years.

Wholly-owned and majority-owned subsidiaries

109.5 billion yuan

Annual turnover

USD 4.958 billion

Annual import and export volume

top 500

Top 500 enterprises of China

Under the group the trade of energy resources and chemical products, the trade of irons and steels, export business and auto trade, which are the core competence of CBNB.

In terms of import business, CBNB has formed a new and stable development pattern featuring the cooperation with factories, the combination of future and spot trade, thoroughly getting involved in the industrial chains and capital operation. CBNB now has professional teams doing research about future and spot trade strategies, swaps and hedging, spot trading and risk management and control and has also established close relationship with a group of partners. CBNB runs business about oils, chemical engineering, irons and steels, non-ferrous metals and agricultural products and its sales market covers over 30 countries highlighted by America and European countries and a dozen of regions in China such as Shanghai, Jiangsu, Zhejiang, Shandong, Sichuan, Hunan and Hubei.
As for the export trade, China-Base Ningbo Foreign Trade Co., Ltd integrates services including Internet, foreign trade, logistics, finance, cross-border e-commerce and overseas warehouses and is dedicated to help medium and small foreign trade enterprises with its rich experience in import and export, scientific management, good-quality service and excellent resources, which is honored as “grow from foreign trade and better know the foreign trade.” Within several years, the platform has served about 10,000 enterprises to export US$ 1.655-billion products.
Starting from 2002, China-Base Ningbo Auto Industrial Investment (Group) Co., Ltd has till now gotten franchises from nine brands including Audi, Mercedes-Benz, Faw-Toyota, GAC Toyota, Faw-Volkswagen, Dongfeng Honda, GM Buick, Faw-Mazda, Faw-Hongqi and Jettai and has 19 authorized car dealerships. The auto business has become a key part of CBNB and is well recognized in Ningbo with good reputation and large scale. In the future, the company’s auto business will be extended to cover chain stores of fast car maintenance service supported by Internet, used cars, imported cars, smart manufacture of car accessories, financial service for buying or renting cars and Smart Tech Valley of Auto.