Zhongheng Group was founded in 1995, and the HQ is located in Shaoxing Paojiang Industrial Area, in Shaoxing Exit of Hangyong Expressway. These years, making good use of opportunity that global industries transfer greatly and Zhejiang creates advanced manufacturing, the company regulates industrial structure gradually, enlarges investment on technological alteration, and realizes great-leap-forward development. At present, it owns six industries, petrochemicals, chemical fiber, metallurgy, energy, high-tech, and real estate, etc. The company has been listed in China large-scale enterprise group, national keystone hi-tech enterprises, TOP100 China non-government enterprises, and 鈥淔ive-batch鈥縦eystone leading enterprises of Zhejiang. The HQ has several subsidiaries, such as Shaoxing Zhongheng High-imitation Chemical Fiber Co., Ltd, Shaoxing Zhongheng Polyester Co., Ltd, Zhejiang Beisi