Rongsheng Petrochemical

Zhejiang Rongsheng Holding Group is the headquarters which is located at Yinong Town, Xiaoshan District, Hangzhou City, Zhejiang province. Established in ***9. Stock code: *****3

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 **1th of China Top Five-hundred Enterprises, and *8th 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: *****3), Ningbo Joint Group Co., Ltd. (For short: Ningbo Joint, Stock Code: *****1), Yibin Tianyuan Group Co., Ltd. (For short: Tianyuan Group, Stock Code: *****6), the industry of which has involved in petrochemical, real estate and coal chemical fields. 　　At the same time of catching hold of invest and develop, Rongsheng Group sticks to the core idea of €integrity, efficiency, innovation€, and unceasingly improves inner management of the enterprise, and upgrades the corporation capabilities of controlling and management through systematic performance checking, informatization and innovative system construction, therefore praised as €Nationwide Advanced Enterprise of Performance Excellence Model€, €Zhejiang Exemplified Enterprise for Innovative Management€ , €Zhejiang Exemplified Enterprise of Credit Management€, etc. Meanwhile, the group has set up its own brand image, for example, €RONGXIANG€ trademark has been awarded as Chinese Well-known Trademark, and €RONGXIANG€ polyester filament has been elected as China Top Brand Product. 　　From the years, the group sticks to the innovative road science and technology, and has set a series of science innovation platforms, including a municipal high-tech research and development center, a workstation of academician and experts, a provincial enterprise technology center.