
With a solid foundation in technology and operations, we are committed to building a connected global steel ecosystem — one that simplifies sourcing, improves efficiency, and drives sustainable growth for our partners worldwide.
Listed on HKEX Main Board March 10, 2025
Set up FatCat Business Unit to Develop E&E Trace
Signed merger agreement with Aquila Raised over USD 64M from PIPE investors Submitted listing application to HKEX
Transaction volume reached 36 million MT
Transaction volume reached 23 million MT
Launch of FatCat Cloud, a proprietary enterprise resource planning system tailored for steel product suppliers
Transformed into an asset platform company through the establishment of a joint venture with a state-owned enterprise to carry out domestic direct sales business
Series E Funding: USD 150M
Series F Funding: USD 60M
Transaction volume reached 8.0 million MT
Co-development with Tencent and launch of TCRM platform, the first B2B transaction SaaS tool for industrial products in China
Series D Funding: USD 95M
Series B Funding: USD 6.4M
Series C Funding: USD 35M
Launch of FatCat Logistics
Tap into international markets
Launch of Steel transaction solutions via digital platform and direct sales
Series A Funding: USD 1.4M
Incorporation of ZG Group
Launch of Zhaogang.com
Listed on HKEX Main Board March 10, 2025
Set up FatCat Business Unit to Develop E&E Trace
Signed merger agreement with Aquila Raised over USD 64M from PIPE investors Submitted listing application to HKEX
Transaction volume reached 36 million MT
Transaction volume reached 23 million MT
Launch of FatCat Cloud, a proprietary enterprise resource planning system tailored for steel product suppliers
Transformed into an asset platform company through the establishment of a joint venture with a state-owned enterprise to carry out domestic direct sales business
Series E Funding: USD 150M
Series F Funding: USD 60M
Transaction volume reached 8.0 million MT
Co-development with Tencent and launch of TCRM platform, the first B2B transaction SaaS tool for industrial products in China
Series D Funding: USD 95M
Series B Funding: USD 6.4M
Series C Funding: USD 35M
Launch of FatCat Logistics
Tap into international markets
Launch of Steel transaction solutions via digital platform and direct sales
Series A Funding: USD 1.4M
Incorporation of ZG Group
Launch of Zhaogang.com