A Brief Introduction of Zhejiang Rongsheng Holding Group 　　The headquarters of Rongsheng Holding Group is located at Yinong Town, Xiaoshan District, Hangzhou City. Established in 1989, the group has currently formed a relatively full range of industry chain which is dominated by petrochemical, polyester, spinning and texturizing and is supplemented by coal chemicals, real estate,, logistics and venture investment, etc. Rongsheng Group ranked 191th of China Top Five-hundred Enterprises, and 28th of China Top Five-hundred Non-government Enterprises. 　　Since established, Rongsheng persists in the management concept of Sincere Creation, Preeminent Pursuit. On the one hand, Rongsheng gives prominence to its own advantageous industry to invest and develop; on the other hand, it also sticks to innovative management and continuously improves its soft capabilities. 　　In recent years, Rongsheng Group has moved a further step to structural adjustment and technical improvement, persisting Two-way of Vertical and Horizontal development strategy. At the time of importing advanced international equipments and expanding the original production, Rongsheng extends its industrial chain to more upriver phase and also horizontally expands its relative industry. So far, Rongsheng Group has formed an all-in-one assembly line from PTA to polyethylene terephthalate (PET), then to polyester yarn (POY, FDY, POY). And for further development, Grong Group has gradually moved to the fields of coal chemical industry, real estate, venture investment, etc. Rongsheng Group has three listed subsidiaries, including Rongsheng Petrochemical Co., Ltd. (For short: Rongsheng Petrochemical, Stock Code: 002493), Ningbo Joint Group Co., Ltd. (For short: Ningbo Joint, Stock Code: 600051), Yibin Tianyuan Group Co., Ltd. (For short: Tianyuan Group, Stock Code: 002386), the industry of which has involved in petrochemical, real estate and coal chemical fields.