China Conic Import & Export Co., Ltd., established in 1988, was once a comprehensive import and export company directly under Ministry of Foreign Trade and Economy Cooperation. Now it is a Holding Company of China Resources Group after being merged into China Resources Group in 2000, with registered capital of RMB74.8 million. Main Business: Distribution: Imported products such as mechanical and electronic instruments, minerals and chemicals, medical appliance etc. Service: To support and cooperate with every Interests Center of Hongkong China Resources Group in developing their business in mainland. State-owned or non state-owned business: To deal with the importation bushiness of steel products, raw oil, fuel oil and tyres etc. checked and ratified by the State. Tendering and bidding: To be engaged in tendering and bidding formalities, and undertakes foreign economy aiding business for the Chinese government.