Zhejiang Zhongda Group Co.

Company Description

Zhejiang Zhongda Group became a share-holding company in 1992 from a state-owned enterprise and was the first listed company recommended by the Ministry of Foreign Economy and Trade in June 1996 with the approval of China Securities Supervision Committee.
With the business policy of "focusing on one industry while developing diversified economy", the company, after more than ten years' hard work, finds great success in international trade, real estate and realty management business as Zhejiang Zhongda Group Co.ll as investment.
The comprehensive enterprise has a total asset of 3 billion US dollars and nice reputation in society.
Thanks to its brand-new enterprise mechanism, rational industry structure and nice profitability, the company has manifested great vitality year after year.
Ever since the it's transformation into a share-holding one ten years ago, the company has witnessed 2.12 billion US dollars in its foreign currency earnings, 820 million RMB Yuan in profit. Its steady increase has gained praises both from its clients and the society.
According to China Securities Paper, Zhongda Group was appraised as one of the top 50 listed Chinese companies (Shanghai Stock Market) and one of the top 50 listed companies with the greatest potentiality in 1999.
Besides, in 2001, the company was chosen as the vice Chancellor of Zhejiang Association of Listed Enterpries and vice Chancellor of Association of Cooperative Enterprises under the Ministry of Foreign Economy and Trade.
Facing the challenges from intellectual economy and globalization, Zhongda Group will strive to become a large comprehensive enterprise group with good reputation at home and abroad. Persisting in the business philosophy of "mutual benefit and knowledge orientation" and corporate spirit of "harmony, innovation, high efficiency and good reputation", it will carry out its business strategy "to promote cooperation between international business and domestic industries.