Zhenshi Holding Group has become one of China Top 500 Private Enterprises and China Top 500 Manufacturing Enterprises. Zhenshi, located in the Hangjiahu Plain of the Yangtze River Delta, is one of the first joint-stock reform pilot enterprises in Zhejiang Province. With its unique location advantages and under the leadership of founder Zhang Yuqiang, it has formed a diversified industrial layout after more than half a century of remarkable development, including fiberglass products, fiberglass fabrics for wind energy, special steel, new composite materials, logistics and trade, mineral exploitation, hotel and tourism, real estate development, health care, science and technology research and financial investment.
Zhenshi adheres to the idea of “going out bravely, going on resolutely and coming back soundly”, vigorously promotes the internationalization process and actively implements the country’s “the Belt and Road” Initiative. At present, it has established more than 50 holding and stock subsidiaries in China, the United States, Spain, Indonesia, Egypt, Turkey and other countries and regions. The rise and growth of Zhenshi has shown the history of China’s reform and opening up, and set a successful example for the development of Chinese private enterprises.