Zhejiang Dongling Co., Ltd., Setup in Jiaxing, Zhejiang, the company was founded in December 1993, with a registered capital of 50 million yuan. Jiaxing, located on the cross of Shanghai, Zhejiang and Jiangsu, enjoys a convenient transportation and is one of the first opening-up coastal cities in China. The company has a wide range of business, including trade (both import and export trade), four-star hotel, real estate, advertising and other tertiary industries. After asset reorganization, the company turned into a subordinate company of Hangzhou Iron & Steel Group. Now, the company focuses on domestic trade, hotels, real estate, import and export business etc. After years of operating, Dongling has become one of the largest integrated companies in Jiaxing.
The company’s trade departments mainly deal with copper, aluminum, steel and other metal materials trading business, also with some pulp and coal business. In 2006, its sale volume has reached up to 1.65 billion yuan, sold 250,000 tons and exported 20,000 tons steel respectively. The company actively develops new fields on the basis of its traditional trade, making import-export business as one of the company's future development targets.
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