About MU Group
Founded at the end of 2003, we mainly serve the purchasing business of hard products for western retailers. We cover more than 2,200 customers in 140 countries all over the world, and the group has been listed in the top 500 of China’s import and export enterprises for many successive years.
The company was formerly known as DEP C of a trading company.
During the first three years after the establishment, the company achieved a very rapid development and produced a miracle of success in the industry. And it founded the first subsidiary Royal Union on September 1, 2006.
After experiencing the world financial crisis, the company entered the stable development period for the first time, but it still maintained an annual growth rate of more than doubledigits. The company proposed the“student ethos”, and established Source well which is the first localized trading company in Yiwu at the end of 2009.
The company experienced the second rapid development, and its growth rate is more than 70% for three consecutive years.The company was separated from a trading group at the end of 2010, and the transition period was from 2011 to 2012.The company proposed to learn from“Li & Fung”.
The company entered the stable development period again, with nearly 1000 employees, and then it became the largest trading company in Ningbo and Yiwu.
The company maintained a growth rate of more than 20% for three consecutive years, but there was no increase in the number of employees. Per capita efficiency increased more than one time, and operating efficiency also significantly improved.In August 2018, the monthly export revenue exceeded 70 million US dollars.In the first half of 2017, the company established the third operation center in Shanghai after Ningbo and Yiwu.
At the beginning of 2020, the COVID-19 sweep in the world, MU Group exported a myriad of anti-epidemic products such as masks and gloves. With over 1 billion dollars of annual import and export volume and 1,500 employees. In August 2021, Ningbo operating center moved to Riverside building in High-tech district.
Our Three-Year Plan (2019-2021)
Our goal is to become one of the three largest procurement and design groups in Asia in the next three years! Through expanding our purchasing network in China and Asia and increasing our overseas companies, we can provide better services for our global retailers, brand owners and customers!
About MU Group
Founded in 2004, Ningbo Market Union Group (MU Group) Co., Ltd. has grown to a leading corporation which specialized in consumer goods procurement and design. At present, MU Group has more than 40 trade subsidiaries and divisions either wholly-owned or principal shareholder, including Market Union, Royal Union, General Union, Multi Channel, Source Well, Bright Max, Dealer Well, Good Seller, Topwin, MU Resources, Mini Tree, Free Market, Giant Tiger, Royaumann, Top Shine, MU (1931), Artcool, Tolead, Fanwei Crafts, Jingle Stationery, Luge Accessories, SC-Starmax, Skylark Network, Future Star, Shindak. MU Group launch operating centers in Ningbo, Yiwu, and Shanghai; and branch in Guangzhou, Shantou, and Qingdao.
With over 1 billion dollars of annual import and export volume and 2, 000 employees, MU Group has evolved into one of the major trading group companies with the largest business volume of self-operated export and the largest number of employees in Zhejiang, even Zhejiang Province where that two afore-mentioned cities are located. The Group ranks among the top five export enterprises in Ningbo, the top ten export enterprises in Zhejiang Province, and has been listed as one of the top 500 foreign trade enterprises in China since 2014. In addition, it is awarded as a Zhejiang Top Export Brand, the first batch of Comprehensive Foreign Trade Service Pilot Enterprises in Zhejiang Province, the Top 50 Most Competitive Enterprises accredited by the Ministry of Commerce, Ningbo Consumers’ Choice Brand Enterprise, Ningbo Foreign Trade Strength & Efficiency Engineering Enterprise, and the first batch of Pilot Enterprises for Comprehensive Reform of International Trade in Yiwu, and passed the national ISO9001 quality system certification in 2011.
With over 1 billion dollars of annual import and export volume and 2, 000 employees, MU Group has evolved into one of the major trading group companies with the largest business volume of self-operated export and the largest number of employees in Ningbo and Yiwu, even Zhejiang Province where that two afore-mentioned cities are located.
MU Group has been vigorously practicing “creating value for our customers and always putting them first; changing our lives by fighting for our dreams and persevering in the fight.” Our main business is the self-operated export of consumer goods. After plunging into the field for many years, we have maintained a sound cooperative relationship with more than 3,000 customers in more than 150 countries and regions and provide a series of value-added services for overseas clients including products, packaging design, product testing, international logistics, and international market research; our supplier network covers all cities and counties in the Yangtze River Delta, and gradually expands outward. We have forged long-term and stable cooperative relations with more than 10,000 suppliers of different fields in Asia every year, meanwhile directly or indirectly promoting the employment of nearly 50,000 people in the upstream and downstream.
MU Group presses ahead with integrating the upstream and downstream resources of the import and export industry, striving to build a comprehensive foreign trade service supply chain platform. It takes the initiative in transforming from engaging in single export business to involving both import and export business and building itself a domestic trade company; from focusing on a single trade domain to diverse domains; from concentrating on trading to providing value-added services besides trading; from performing general business to platform construction; boost e-commerce, including e-commerce retail business at home and abroad, by taking advantages of both online and offline channels.
We have always adhered to the corporate governance philosophy of “thinking like a big company and acting like a small company”, taking “promoting the globalization of Chinese products and cultivating outstanding talents in the industry” as the company mission, advocating a wolf spirit and a climate of continuous learning, based on we are confident to add a new dimension and turn a page in the development of MU Group. Meanwhile, the Group strives to build itself as a company of goodness and with humanistic care, so that every member of staff can feel the warmth of the “big family”. We believe that with our concerted efforts and collaboration with friends from all circles, we will surely achieve a win-win situation and a shining success!