Zhe Jiang Xinghe Group Industrial Co., Ltd.

Company Description

Company Character: Collective and joint-stock company limited owned by a Chinese investor. Managed under a board of directors with independent cost accounting for each department.

Registered Capital: RMB 20 MILLION.

General Manager: Mr. Shao Shengxuan

Company Structure: Manager's Office, Financial Dept., Documents and Delivery Dept., 10 Import & Export Depts., 3 Import Depts.. Total functionary of 49 members in Zhe Jiang Xinghe Group Industrial Co., Ltd..

2003 sales income at RMB 480 MILLION, Exporting Amount at USD 36 MILLION, Importing Amount at USD 20 MILLION, economic benefit at RMB 3 MILLION, Capital yield at 15%.

Import Area: Waste paper is our dominant import, but we are focusing on developing the waste plastic business in Zhejiang Province.

Waste Paper: Since 1998, 200 thousand MT each year, about 20 thousand MT as stock each month which is supplied from the United States, Japan and Europe. We are the biggest importer in Zhejiang province at present.

Waste Plastic: From 2001 to 2003 we have imported 600 MT of PET and PVC materials from the United States and Europe. Now we are looking for PU Resin (TDI/WDI) long-term supplier and also for General plastics in primary materials ( PET, PP, PVC, PA).

Export business: Textiles-Garments, Home accessories. Electric Lights. Auto accessories.

Looking forward to hear from you.