Kobelco is a corporation with a century-long history since it was established in 1905. The corporation and its subsidiaries (203 subsidiaries and 74 affiliates) specialize in producing and processing steel materials and non-ferrous metal raw materials, machine-making and technological development. It is one of Japan's three major businesses and a Fortune 500 company. The Shanghai company, established in February 2004, is a wholly owned foreign enterprise, with a registered capital of $5 million. It specializes in manufacturing and selling air compressors, mainly targeted to the Chinese market.
Wal-Mart Jiangqiao
Established in the US state of Arkansas in 1962, Wal-Mart is the largest chain retailer in the world. Currently, Wal-Mart has more than 7,000 stores in 14 countries around the globe, employing 1.9 million people and being visited by 176 million customers each week. Wal-Mart Jiangqiao, located on the second and third floors of Carnival Plaza and having 500 parking spaces, sells fresh and ready foods, clothes and household appliances