Zhejiang Yuantong Mechanical and Electrical Equipment (Group) Co., Ltd. (Yuantong Group), is a large-scale state owned group of enterprises, and is specialized in both domestic and international trade. Our company was founded in 1963, with total assets of RMB 4 billion (USD 516 million) and has over 7000 employees. In 2008, the trading amount of Yuantong Group is over RMB 27.6 billion  (USD 4.06 billion). Hereinto, international trading amount is USD217.13 million.

Yuantong Group is mainly in the line of Autos (including cars and trucks), Mechanical and Electrical Equipment (including generators, electro motors, machine tools, tools and electric tools, cable and wire, electrical parts, and equipment), Raw Materials (including iron and steel, copper & aluminum, stainless steel, and metal scrap), Steel products (oil and gas pipe) and others (including Fuel Oil, Urea, and CPO).