Zhejiang Xiangsheng Group is an integrated group devoted to chemical fibers, textiles, thermoelectricity, real estate,planting, import & export, outward investment etc. The company is one of the top 100 enterprises in Zhejiang, and one of the top 500 private enterprises in China. It has eight subsidiaries and five modern production bases. The company covers 668,000 m2 of land and 390,000 m2 of floor area. It has an overall assets of RMB1.8 billion and over 3100 employees including 150 engineers and 770 other professionals. The major products are POY, FDY, DTY and fabrics, which are sold well in both domestic market and overseas market.