What SUMEC International Technology Co., Ltd. does

SUMEC International Technology Co., Ltd. is a Nanjing-based import/export supply-chain services company founded in March 1999 and operating as a subsidiary of listed SUMEC Group Corporation (600710.SH), whose ultimate parent is state-owned China National Machinery Industry Corporation (SINOMACH). It serves Chinese and overseas clients moving electromechanical equipment and bulk commodities, with 20,000+ import clients, 5,000+ export clients, and a 2023 trade volume of approximately $9.3 billion ($7.3B imports, $2.0B exports). Verticals served include automotive, glass, textile, packaging, building materials, and single-crystal silicon, alongside ranked positions as a top-5 nationwide non-steel steel exporter for four consecutive years and a top-3 nationwide plywood exporter.

The company's operating platform combines proprietary digital infrastructure with a physical trade-services stack. It runs the SUMEC TOUCH WORLD online bidding platform and an internal logistics management system to coordinate procurement, customs, and shipment workflows, while maintaining 17,000+ global suppliers, nearly 2,000 logistics partners, 110+ bank partners, and 20+ subsidiaries across China, Singapore, Dubai, Vietnam, and Hong Kong. Brand lines include SUMEC TOUCH WORLD, SUMEC Metal, and SUMEC Building Material; operational scale reached 10 million tons of metal minerals and 60,000+ containers shipped in 2023.

SUMEC earns revenue through a blended model: trading commissions on ~$9.3B in annual volume, trade-financing facilitation (RMB 3.4B across 110+ bank partners), bidding-agency wins (~$84M disclosed in 2023, Top 10 Bidding Agency for over a decade), tax-exemption consulting, customs clearance, and logistics markups. It was designated one of China's first national supply-chain innovation and application demonstration enterprises, conferring regulatory and reputational advantage in cross-border commerce.

Name

SUMEC International Technology Co., Ltd.

Legal name

SUMEC International Technology Co., Ltd.

Website

https://sumec-itc.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

251–500 employees

Short description

SUMEC International Technology is a Nanjing-based state-owned import/export supply-chain services subsidiary of SUMEC Group (600710.SH) under SINOMACH, serving 20,000+ import and 5,000+ export clients across automotive, building materials, and bulk commodities with $9.3B in 2023 trade volume.

Ownership category

akta.pro rank

Product category

International Trade and Supply Chain Services

NAICS

Transportation Equipment Manufacturing (336)

SIC

Wholesale-Industrial Machinery & Equipment (5084), Wholesale-Metals & Minerals (No Petroleum) (5050), Wholesale-Machinery, Equipment & Supplies (5080)

akta.pro primary industry

Order-to-Cash Integration (Invoicing, Tax, Payments) for Logistics OMS (TLAEACAJ)

Keywords

• Import supply chain services
• Export trade services
• Electromechanical equipment procurement
• Bulk commodity logistics
• International trade financing

Headquarters

HQ city

Nanjing

HQ country

China

HQ region

Asia

Offices16 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain, Technology or R&D

Revenue model

1. Import Services Revenue: Revenue generated from providing import supply chain services for electromechanical equipment and bulk commodities. The company charges fees for full-process import services including procurement, customs clearance, logistics, and after-sales support. In 2023, total import volume approached $7.3 billion USD.
2. Export Services Revenue: Revenue from overseas market expansion and product export services for Chinese equipment and bulk commodity suppliers. The company facilitates Chinese brands and products going global. In 2023, total export volume approached $2 billion USD.
3. Financial Services Revenue: Revenue from providing diversified financial service solutions in partnership with banks and financial institutions. The company helps enterprises secure financing and charges fees for consulting and arrangement services. In 2023, helped enterprises secure approximately 3.4 billion RMB in financing.
4. Bidding Services Revenue: Revenue from professional bidding agency services. In 2023, completed international open bidding with total winning amount of $48,732,000 across 395 project packages, and domestic open bidding with $35,977,800 across 856 project packages.
5. Logistics Services Revenue: Revenue from comprehensive logistics services including international shipping, inland transport, customs clearance, and freight forwarding. In 2023, shipped over 60,000 containers covering more than 100 countries and regions.
6. Tax Exemption Consulting Revenue: Revenue from assisting clients with customs exemption certificates for import and export goods, helping reduce operational costs through tax incentives.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels9 records

Core offering

SUMEC-ITC provides full-process import and export supply chain services for high-end electromechanical equipment and bulk commodities. Its offerings span market research, global procurement, customs clearance, logistics, bidding, tax exemption consulting, financing arrangement, and after-sales maintenance, serving manufacturing enterprises, distributors, and resource companies across more than 100 countries.

Product overview

SUMEC International Technology Co., Ltd. operates as a supply chain services provider offering a portfolio of integrated services rather than a single unified software product. The company provides import and export services for electromechanical equipment and bulk commodities through its core service offerings including Import Service, Export Service, Global Collective Procurement, Financial Service, Logistics Service, Bidding Service, Tax Reduction and Exemption Service, and After-sales Maintenance Service. The company also markets products under branded sub-brands including SUMEC TOUCH WORLD (global trading platform for machinery), SUMEC Metal (metal minerals trading), and SUMEC Building Material (building materials). Business activities span six main categories: Electromechanical Equipment, Building Materials, Metal Minerals, Agroforestry Products, Energy Chemicals, and Light Industry Raw Materials.

Differentiator

Problem solved

Functional benefit

Brands

• SUMEC TOUCH WORLD: Global Trading Service Platform for Machinery
• SUMEC Metal
• SUMEC Building Material

Products and services

• Import Service Supply chain services for importing high-end mechanical and electrical equipment for textiles, light industry, machining, metallurgy, electronics, new energy, and medicine, providing full-process, one-stop business solutions and smooth import services for enterprise clients.
• Export Service Overseas market expansion and product export services for Chinese equipment and bulk commodity suppliers, helping Chinese brands, products, and capital enter international markets with localized services.
• Global Collective Procurement Centralized procurement solutions connecting enterprise customers with tens of thousands of domestic and international equipment and bulk resource suppliers, providing butler-style package service.
• Financial Service One-stop diversified financial service solutions developed jointly with domestic and international banks, credit insurance companies, financial leasing, and other financial institutions, oriented to industry end and client needs.
• Logistics Service Supply chain logistics solutions covering international shipping, inland waterway transportation, and inland transportation, supported by the company's own logistics warehousing bases and a proprietary logistics management system that enables real-time goods tracking.
• Bidding Service Professional bidding services delivered through the SUMEC TOUCH WORLD online bidding platform with electronic management of bid document viewing, purchasing, and invoice application, served by a team of professional bidding talents.
• Tax Reduction and Exemption Service Assistance to customers in applying for Customs Import and Export Goods Tax Exemption Certificates to enjoy tax incentives, reduce operating costs, and ensure rapid customs clearance of imported electromechanical equipment.
• After-sales Maintenance Service Full-chain equipment services including equipment installation and commissioning, whole-line relocation, technical support, spare parts sales, and repair and maintenance, covering automotive, large-scale mechanical equipment, food packaging, lithium batteries, energy and chemical, and pan-semiconductor fields.

Named customers7 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Chile's ARAUCO Forestry GroupcoreStrategic or Co-development Partner · 13 March 2024On March 13, 2024, Rodolfo Ziegele, the Asia-Pacific Sales General Manager of Chile's Arauco Forestry Group, visited SUMEC International Technology Co., Ltd. for discussions and a signing ceremony. The agreement establishes a new platform for deeper, broader, and more extensive cooperation in timber supply, technical exchange, market expansion, and brand promotion.
• Major mines in Australia, South Africa, Brazil, and GuineacoreStrategic or Co-development PartnerStrategic partnerships with major mines in Australia, South Africa, Brazil, and Guinea for global procurement and sales of ferrous and non-ferrous metals including iron ore, manganese, chromium, bauxite, and alloys, achieving annual operating scale of 10 million tons.
• Over 110 domestic and foreign banks and financial institutionscoreStrategic or Co-development PartnerEstablished close partnerships with numerous domestic and international banks and financial leasing companies including credit insurance companies, providing diverse financial service solutions and helping enterprises secure approximately 3.4 billion RMB in financing in 2023.
• Nearly 2,000 logistics service providerscoreStrategic or Co-development PartnerEstablished partnerships with multiple quality logistics service providers, forming deep strategic collaborations across international shipping, inland transport, customs clearance, and freight forwarding. In 2023, shipped over 60,000 containers covering more than 100 countries and regions.
• 17,000 global supplierscoreStrategic or Co-development PartnerLong-term partnerships maintained with 17,000 global suppliers for electromechanical equipment and bulk commodities, enabling efficient global procurement and supply chain services.
• World-class international supplierscoreStrategic or Co-development PartnerEstablished partnerships with many world-class international suppliers for import supply chain services, providing customers with full-process, one-stop business solutions and smooth, hassle-free import services.
• Top electromechanical equipment suppliers (domestic and international)coreStrategic or Co-development PartnerEstablished solid, strategic partnerships with top electromechanical equipment suppliers both domestically and internationally for after-sales support services, ensuring customers receive timely professional assistance regardless of location.
• Canton FairminorGTM or Marketing PartnerRecommended trade service provider at the Canton Fair, with overseas presence and localized services based on target market regulations and cultural differences.

Scale indicators18 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Itochu Corporation: Japanese general trading house with deep machinery, metals, and chemicals trading franchises globally. Comparable integrated B2B trading model, similar reliance on intermediation, financing, and overseas subsidiary networks.
• Mitsui & Co. Japanese general trading company (sogo shosha) with global trading, machinery, and bulk-commodity operations serving enterprise B2B customers. Closely comparable to SUMEC-ITC's integrated import/export, logistics, and project-finance model across multiple geographies and commodities.
• CEVA Logistics: Global supply-chain management company providing freight management, contract logistics, and customs services. Comparable integrated end-to-end logistics and customs services for enterprise customers across multiple regions.
• Sinotrans Limited: Chinese central-SOE logistics and freight-forwarding group providing integrated supply-chain services including international shipping, warehousing, and customs. Closely parallels SUMEC-ITC's logistics and import/export service stack under a similar SOE umbrella.

Broad incumbents

• Sinochem Holdings: Chinese central-SOE conglomerate focused on chemicals, energy, and commodities trading with global operations. Similar SOE-backed Chinese trading-house model with bulk-commodity scale and international footprint.
• Marubeni Corporation: Japanese general trading company with significant machinery, resources, and agribusiness trading. Larger and more diversified than SUMEC-ITC, but with overlapping B2B trading, supply-chain services, and China-linked operations.
• DHL Global Forwarding: Global logistics leader offering ocean, air, road freight and customs services with massive international footprint. Comparable international supply-chain services scope but with broader portfolio and stronger digital logistics platform.
• Mitsubishi Corporation: Japanese general trading company with major machinery, metals, and energy trading businesses. Larger global footprint but overlapping B2B trading, bulk commodities, and supply-chain services for enterprise customers.
• CITIC Limited: Hong Kong-listed Chinese state-owned conglomerate with extensive trading, resources, and supply-chain operations globally. Comparable SOE-driven, diversified B2B trading and infrastructure platform.
• Kuehne+Nagel International AG: Global freight forwarding and contract logistics provider with deep ocean, air, and customs capabilities. Comparable end-to-end international logistics services for enterprise B2B customers, though with a different ownership structure and technology focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCsumecitc
• Facebookfacebook.com/sumecitc
• LinkedInlinkedin.com/company/sumec-itc

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SUMEC International Technology Co., Ltd.