Zhejiang Dongling Co., Ltd., registered in Jiaxing, Zhejiang, the company was founded in December 1993, with a registered capital of 50 million RMB. 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 covers a wide range of business, including trade (both import and export), five-star hotel, real estate, advertising and other tertiary industries. After asset reorganization, the company becomes a subordinate company of Hangzhou Iron & Steel Group.