Recently, SASAC of the State Council announced the latest list of state-owned enterprise reform "Double Hundred Action" with 11 Fujian enterprises selected. Among them, 7 Xiamen enterprises, including Xiamen International Trade Holding Group Co., Ltd. (ITG Holding) and XGMA., a subsidiary of CCRE, were listed.

The list is one of the special actions organized by the State Council's Leading Group for the Reform of State-owned Enterprises. More than a hundred central enterprise subsidiaries and more than a hundred local state-owned backbone enterprises were selected to comprehensively implement the requirements of the "1+N" series of documents, deepen comprehensive reform, and take the lead in achieving breakthroughs in key areas and links of reform, creating a group of leading forces in the reform of state-owned enterprises which have scientifically sound governance structures, flexible and efficient operating mechanisms， strong leadership of the Party, innovative ability, and significantly improved market competitiveness. We will fully leverage the role of demonstration and breakthrough to gather strong forces for comprehensively deepening the reform of state-owned enterprises, and form a new situation and good momentum for comprehensively promoting the reform of state-owned enterprises. 

It is reported that as early as 2018, ITG Holding was selected as one of the five selected state-owned enterprises in Xiamen for the "Double Hundred Action" of national state-owned enterprise reform. Afterwards, it was continuously listed on the list.

ITG Holding is a state-owned enterprise group under the jurisdiction of Xiamen City. In 2021, it won the Fortune Global 500 for the fifth time, ranking 171th and increasing by 113, and also ranked among the Fortune Global 500 and Asian Brand 500. While moving towards high-quality development, it attaches great importance to practicing social responsibility and has also won a series of honors in recent years, such as "National Advanced Collective for Poverty Alleviation" and "National Contract abiding and Credit Valuing Enterprise".

At present, ITG Holding has listed companies such as Xiamen International Trade, Xiamen XINDECO, Zhonghong Medical, and Zhengtong Auto. The group's business mainly focuses on supply chain, city construction and operation, consumption and health, finance and technology, and other fields. It is worth mentioning that Xiamen International Trade, a core listed company under IDG, has recently been awarded the title of "Demonstration Enterprise of Governance for State owned Enterprise Corporate" by SASAC of the State Council.

“The continuous listing is both an encouragement and a spur", the relevant leader of ITG Holding stated that the group will continue to deepen comprehensive reforms and strive to become a leading force in state-owned enterprise reform. In the future, we will adhere to the mission of "leading advantageous industries and creating a better life", adhere to the core values of "first-class leadership, real responsibility, struggle oriented, and co-creation and sharing", continuously promote the pioneering culture, and strive to become a "world-class enterprise leading advantageous industries and a better life".