Established at the end of 2003, Market Union Co., Ltd. (Market Union) is now part of MU Group. The predecessor of the company was Department C of a large International Business Company. In the first three years since its inception, the company developed so rapidly that it was hailed as a miracle in the industry. On September 1, 2006, its first subsidiary—Ningbo Royal Union Co., Ltd. was set up. From 2007 to 2009, the company weathered the global financial crisis and entered a period of stable development for the first time, during which it still maintained an average annual growth rate of more than 10% and proposed to create a “climate of continuous learning”. At the end of 2009, the first Yiwu-localized company—Source Well Co., Ltd. was born. From 2010 to 2012, Market Union ushered into the second rapid development stage, with a growth rate of more than 70% for three consecutive years. At the end of 2010, Market Union was separated from a large international business company. The following two years, from 2011 to 2012, witnessed its transition. From 2013 to 2015, Market Union once again registered steady growth, becoming one of the largest trading companies in both Ningbo and Yiwu. From 2016 to 2018, the company maintained a growth rate of more than 20% for three consecutive years, with its per capital efficiency more than doubled and business performance significantly improved. From 2018 to 2020, the company continued its strong performance with an average annual growth rate of more than 20%, while actively transforming the product categories it specialized in, exploring the specialized market, and deploying online business.
The main business of Market Union is purchasing hard products for Western retailers in China and serving as an agency for the customers in Central and South America to purchase in the markets of Yiwu, Shantou, and Guangzhou. Our customer markets cover more than 150 countries and regions around the world. The total annual export volume is about US$200 million.
Market Union’s main product lines include household commodities, kitchen and bathroom products, stationery gifts, holiday decorations, sporting goods, handmade crafts, lamps and lanterns, gardening and supplies, and indoor and outdoor furniture.
Market Union has been a strong champion of the Group’s mission and values. We win with our diligence and integrity, fair and open-mindedness, grateful and humble attitude. We advocate a wolf spirit and a climate of continuous learning, and takes pragmatic actions to promote the globalization of Chinese products around the world and training professionals in this trade.
Address: 8F, MU Group, Building B16 (West Area), No.2560 Yongjiang Avenue, Yinzhou District, Ningbo, China. 315048
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