Tianjin Materials Group Corporation, founded in 1958, is one of the world's top 500 enterprises, a large-scale state-owned material circulation enterprise, a diversified business enterprise in the style of a comprehensive trading company, and one of the 20 large-scale circulation enterprises cultivated by the Ministry of Commerce of the People's Republic of China

Tianjin Wusan Group Co., Ltd. (formerly Tianjin Materials Group Corporation) is the largest state-owned means of production circulation enterprise in Tianjin, and one of the 20 large enterprise groups in the circulation field cultivated by the Ministry of Commerce of the People's Republic of China.

The registered capital of the group is 2.52 billion yuan, with 340 enterprises and institutions, and total assets of 169.1 billion yuan at the end of 2014. The Group's business area covers the whole country, and has established 18 overseas business outlets in the United States, Germany, Japan, Singapore, the Philippines, Hong Kong and other countries and regions, forming a global network layout. The Group employs 19,000 people worldwide.

The group is the first enterprise in Tianjin to enter the world's top 500. In the "2015 Fortune Global 500", the group ranked 146th, up 39 places from the previous year, ranked 6th among global trade industry enterprises, and ranked 26th among Chinese companies on the list.