Tewoo Group (also known as Tianjin Material ＆ Equipment Group Corporation) is the largest state-owned material circulation enterprise in Tianjin. The group registered capital of 2.53 billion RMB, 216 owned enterprises and more than 19,000 staffs, operates business fields including commodity trade, modern logistics, real estate development, financial services. Trade of bulk commodity covers five major sections, including metals (ferrous metals, nonferrous metals), energy (coal, coke, fuel oil), minerals (iron ore, nonferrous ore, coal ore), chemical, automotive＆ electromechanical. Tewoo Group Co., Ltd. has its business spreading over whole China and has 21 overseas affiliates in the United States, Germany, Japan, Singapore and Hong Kong. The grounp ranks the 129th in Fortune Global 500 of 2017 and ranks the 28th of Chinese enterprises on the list. Tewoo Singapore Pte Ltd, that is one of subsidiary corporation of Tewoo Group, was founded in June 2006 with a registered capital of 7 million US Dollars. Its businesses lines primarily involve but not limit to trades in a wide-range of commodities (including petroleum, petrochemical product, coal, fortescue blend fines, copper cathodes and etc.), wholesales, warehousing and logistics, oil exploration and etc. Since its inception, Tewoo Singapore is always committed to strengthen its presence in local market and worldwide with advantages of solid financial capacity, widespread market network, as well as a team of professional staffs. It also participates in actively expanding transit trade and developing hedging business. As one of the most trusted and established names in the trading industry, the reach of its work continues to expand in key regions of the globe, as having building up long-term and very close connections with numerous petrochemical trading companies in Indonesia, Thailand, Europe, and Middle-east.