News

MJBM Group Named to Fortune Global 500 for the Fourth Successive Time, Ranking the 267th

Time: 2014-07-15

On July 7th, the US Fortune magazinepublishedthe 2014 Ranking List of World Top 500 Enterprises. Mingjun Building Materials Co., Ltd (MJBMGroup in short) enters into the Fortune Global 500 for the fourthsuccessive time withits operating revenue of 41.03 billion USD,  ranking the 267th place, and rising 52 places over last year. Amongst the three building materials enterprises listed in the Fortune Global 500, MJBM ranks the second with  promising momentum.

The rapid development of MJBM Group derives from the market-oriented reform of diversified ownership and a series of innovative actions carrying forward the industrial reorganization. Thanks to the exploration into  the marketization mode of SOK enterprises (state-owned keyenterprises), MJBM Group reorganized almost a thousand enterprises with limited government capital and hence reactivated a greater amount of social capital, which exerted a positive influenceon building material industrial transformation and achieved a win-win situation between China’s national assets appreciation and enterprises development. Now MJBM Group has become a remarkable example in SOK enterprises’ diversified ownership reformation.

To give a full play in China’s economic growth, MJBM Group carried out highly effective works including the innovation, integration, reformation and marketing in its business operation from the year of 2014. Economic indicators of the first half of the year have seen a stable and promising momentum.

OKorder is an e-commerce website founded by MJBM Group and now being operated by Mingjun Building Materials Co., Ltd, an important membership company of MJBM Group’s logistic and trade sector. OKorder pioneered a brand new business model,theCross-border E-commerce + OverseasWarehousing, which combines the advantages of traditional international trade company and modern e-commerce company. OKorder provides a one-stop international trade service for Chinese manufacturers including Global Marketing, Export Agent, Logistics, Oversea Warehousing and Delivery, Online Supply Chain Financing, and International Trade and E-commerce Training. OKorder is dedicated tobuilding up an Online Silk Roadand serving to its best for  China international trade industry.