China-Base Ningbo Group Co., Ltd (CBNB) was established in 1985. Its predecessor was Ningbo Branch of China Export Commodity Base Construction Corporation, a state-owned enterprise. It was restructured into a joint-stock enterprise in 1999.CBNB is one of China's top 500 enterprises integrating internationalization, financialization and industrialization, covering domestic and foreign trade, entity industry chain operation, foreign trade comprehensive services, cross-border trade services, automobile sales and aftermarket, ranking 11th in China's private foreign trade top 500. With annual turnover of 109.5 billion yuan and annual import and export volume of US$ 4.958 billion, and the total import and export volume has been ranked first in Ningbo for many years.

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