Zhejiang Oriental Group Limited by Share Ltd   

Zhejiang Oriental Group Limited by Share Ltd was founded in 1988 December, the predecessor of the Zhejiang province cotton textiles import and export company. More than ten years, along with the effective implementation of deepening reform and business strategy, enterprises have maintained a good upward trend, especially in the end of 1997 listed shares (Stock Code: 600120) and internal strong drive restructuring of enterprises under the two level, the company will reform opportunity to work into a positive benefit, listed in four years main operation index has more than doubled. In 2001, the $345000000 import and export company, ranks 89 in China's largest export enterprises 200, the total assets of the enterprise, the scale of nearly 1600000000 yuan, net assets of nearly 700000000 yuan, total profit of 160000000 yuan. Zhejiang Oriental adhere to the foreign trade industry, based on the play needle cotton product characteristics, and gradually formed a clothing, apparel, home textiles is dominant, involving more than 10 categories, more than 3000 commodities industry advantages, mainly exported to Japan, Europe, the Americas, Australia, trade activities covering more than 100 countries and regions. The company has twelve professional foreign trade import and export enterprises, through equity participation, holding the form of joint production of more than twenty enterprises, has formed the system of trade operation management orders, design, proofing, production, storage and transportation, export each link closely matching, standardized management. Zhejiang Oriental listed to take advantage of platform, the implementation of the "one industry based, diversified development" business strategy, operating efficiency as the center, to capital operation and scientific management as the means, to create a good management mechanism internally, cultivating mechanism of property rights model, increased foreign investment management, speed up the implementation of the "going out" strategy, real estate biological high-tech industry investment, and three plates of financial securities company of foreign trade has become the main business outside the new profit growth point. In the face of China accession to the WTO and the global industry information, trade liberalization, economic globalization, Zhejiang Oriental will look to the vision, and never stop, by virtue of its own strength, speed up the foreign trade advantage of scale industry, improve the international competitiveness of enterprises, to build a modern, comprehensive enterprise group.