Zhenshi Holding Group, one of Top 500 Chinese Private Companies
and Top 500 Manufacturers in China
Zhenshi Holding Group, one of Top 500 Chinese Private Companies and Top 500 Manufacturers in China Located in the Hangzhou–Jiaxing–Huzhou Plain of the Yangtze Delta Region, Zhenshi Holding Group is one of the first companies where the shareholding system was piloted. Leveraging a unique regional advantage and under the leadership of its founder Zhang Yuqiang, the company has established a diverse business portfolio ranging from glass-fiber manufacturing, wind energy base material, special steel, new composite materials, logistics and trade, mineral exploitation, hotel and tourism, real estate development, health examination, technological research and development to financial investment over more than half a century.
Upholding the ideal of “going global boldly, moving forward persistently and coming back successfully”, the company has been vigorously advancing its globalization progress, actively implementing the “Belt and Road” initiative. Presently, the company has established more than 50 subsidiaries, either through controlling or holding shares, in the U.S., Spain, Indonesia, Egypt and Turkey. The rise of Zhenshi not only echoes to the history of China’s reform and opening up but also sets a successful example for China’s private companies.