Your Trusted Home textiles Manufacturer – MU GROUP
Established in January 2004, Market Union Group is an integrated enterprise group with import and export of general merchandise as the core business. At present, the company has under it more than twenty trade subsidiaries either wholly-owned or as dominant shareholder, including Market Union, Royal Union, General Union, Multichannel, Source Well, Bright Max, Dealer Well, Good Seller, Glory Universal, Free Market, Giant Tiger, Royaumann, Top Shine,MU(1931) ,MU Resources, and Mini Tree etc. The registered capital of the group and the subsidiaries is over RMB 200 million yuan. Now it has operation centers in Ningbo,Yiwu and Shanghai，and branches in Guangzhou and Shantou.
The company was formerly known as DEP C of a trading company.
During the first three years after the establishment, the company achieved a very rapid development and produced a miracle of success in the industry. And it founded the first subsidiary Royal Union on September 1, 2006.
After experiencing the world financial crisis, the company entered the stable development period for the first time, but it still maintained an annual growth rate of more than double digits. The company proposed the “student ethos”, and established Source well which is the first localized trading company in Yiwu at the end of 2009.
The company experienced the second rapid development, and its growth rate was more than 70% for three consecutive years. The company was separated from a trading group at the end of 2010, and the transition period was from 2011 to 2012. The company proposed to learn from “Li Fung”
The company entered the stable development period again, with nearly 1000 employees, and then it became the largest trading company in Ningbo and Yiwu.
The company maintained a growth rate of more than 20% for three consecutive years, but there was no increase in the number of employees. Per capita efficiency increased more than one time, and operating efficiency also significantly improved. In August 2018, the monthly export revenue exceeded 70 million US dollars. In the first half of 2017, the company established the third operation center in Shanghai after Ningbo and Yiwu.
After the continuous senior leadership change, MU Group achieved continuous and rapid development again through epidemic prevention products. The growth rate was 40% and 37% in 2020 and 2021 respectively; the export volume reached $116 million in September 2021 for the first time. The group proposed to learn from "HUAWEI", and proposed a new culture, a new direction, and a new development of advancing, dynamic, and fashion.
The Group expanded its business into cross-border retail e-commerce. In 2023, the number of employees in the Group surpassed 3,000. The export business scale reached $1.5 billion, with a growth rate of 30% for the year. In August 2023, the Group set a record with exports exceeding $150 million. On New Year's Day 2024, the Group held a "20th Anniversary" celebration event at the Ningbo Olympic Sports Center.
Corporate compensation & welfare
We have developed a simple and competitive salary system. According to performance-oriented, to provide performance bonuses and dividends for all functional officials. There are also different types of rewards and promotions for annual outstanding performance staff. And we believe that cash is the most flexible compensation method for employees.
Our company offers generous benefits, like Social insurances, festival fees, high-temperature fees, Marriage/Birth gifts. We established a special company welfare organization for our employees which call “Dandelion Project”. We organ annual overseas travel; also provide luxury gifts for the employees who are working in MU Group for over ten years. In addition, MU Group also provides afternoon teas, Office Bus, taxi rides can be reimbursed after work late, can be off duty half an hour early the day before the holiday and Friday. We hope all MU Group people can feel warm at “home”.
Company environment & enterprise culture
MU Group has an excellent office environment, you can overlook the spectacular view of the prosperous High-tech District upon the hanging garden of New Material Innovation Center. Our company building is near the Riverside Water Rhyme Park and surrounded by Yongjiang River. The people here are lingering on, the memories are unforgettable.
In order to make our staff can get better development of working skills. Since 2013, our company provides high-quality training, call “Market Union Institute”. We also provide New employee training, middle and senior promotion activity, working experience communications, and many different types of courses and training. Through various courses and training, we commit ourselves to promote Chinese products around the world and training professionals in this trade.
Market Research
Data Analysis
Product Development & Design
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We deliver expertly tailored solutions to fuel your growth and foster collective success.
Our advanced management system significantly boosts efficiency and helps clients customize their products. By streamlining processes and offering tailored solutions, we ensure that every client's unique needs are met. Experience the benefits of reduced waste, optimized workflows, and personalized product development with our innovative management system. Choose us to enhance your operations and achieve your business goals.
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Our Mission
We commit ourselves to promoting Chinese products around the world and training professionals in this trade.
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With complete control over our supply chain, we strive to innovate at every stage. By leveraging cutting-edge technology, seamless manufacturing processes, and unwavering commitment to consistent product quality, we ensure timely delivery that our customers can depend on.
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