Shanghai Eastern Scien-Tech Machinery Import and Export Ltd. (SHETMIL) was founded in February 1981 as a professional foreign trading enterprise specializing in the scientific and education fields.   It is a state - held subsidiary of the Oriental Scientific  Instruments   (Group)   Corporation   (OSIC) ,   and with proportional ownership   held   by   its   employees   and   the Shanghai   branch of the Chinese Academy of   Sciences (CAS).

SHETMIL, with over $100 million USD in annual revenue, is one of OSIC’s main subsidiaries.   Its   operations   include   import   and   export,   overseas   product distribution,   consignment sales,   foreign equipment maintenance stations,   and a bonded warehouse.   Its operations include import and export,   overseas   product distribution consignment sales,   foreign equipment maintenance stations,   and   a bonded warehouse.

In recent years,   SHETMIL created a logistics platform to improve its operations by increasing efficiency and customer reliability. Through vigorously developing a computer   network   and   e-commerce,   SHETMIL   has built up   an   advanced Enterprise Resolution Plan   (ERP)  system which provides a powerful managerial and technical guarantee for SHETMIL’s customer service system.

SHETMIL’s business model is built on the principal goal that with the knowledge economy as its foundation and high-tech import and export trade as its focus,   its strategy is to actively develop relevant domestic trade   and   industry for national revitalization through technology and economic development