SINOCHEM NINGBO (Group) Co., Ltd. (abbreviated SINOCHEM NINGBO), formerly referred to as Sinochem Ningbo Import and Export Co., is a subsidiary (holding) of Sinochem Group that has been rated the Fortune Global 500 enterprise for 20 times. On the top list of 2010, SINOCHEM Group was ranked 203rd. SINOCHEM Ningbo has been expanding its business and market in an effort to advance its economic value since its establishment. Over decades of arduous work, it has developed into one of China's most well-known large enterprises in the line of foreign trade. Its operating performance and scale are toplisted in international businesses. In recent years, the Company has been awarded Ningbo City Top 100 Enterprise, Ningbo City and Zhejiang Province Top 100 Tertiary Industry. In 2006, it was prized with the National May 1st Labor Medal by All China Federation of Trade Union.