rongsheng group manufacturer

Rongsheng Petro Chemical Co, Ltd. specialises in the production and marketing of petrochemical and chemical fibres. Products include PTA yarns, fully drawn polyester yarns (FDY), pre-oriented polyester yarns (POY), polyester textured drawn yarns (DTY), polyester filaments and polyethylene terephthalate (PET) slivers.

Founded in 1989, Zhejiang Rongsheng Holding Group Co., Ltd., through its subsidiaries, engages in petrochemical, polyester, spinning, texturing, coal chemicals, real estate, trading, logistics, and thermal power businesses. Rongsheng is a global company serving customers in China, Europe, America, and Asia.

The Group has proven to be a leader among its competitors in each industry and has over ten subsidiaries, three of which are public companies, including Rongsheng Petrochemical Co. Ltd., Yibing Tianyuan Group Co. Ltd., and Ningbo United Group Co. Ltd. In 2014, the Group’s sales revenue surpassed RMB ￥60 Billion (CAD $10 Billion). In 2015, Rongsheng was a top 10 petrochemical industry leader in China.

Mr. Li Shuirong, Chairman of Rongsheng Holding Group serves as the Chairman of Rongsheng Petrochemical Co. Ltd., Vice President of the Zhejiang Private Economy Academy and Director of the Zhejiang Operation Management Academy. Mr. Li is a recognized philanthropist and greatly believes in giving back to the community especially in building schools to educate future generations as well as for those in need.

Working primarily within the pharmaceutical and cosmetic markets, Rongsheng is specialist in the manufacture of cartons, colour boxes, display boxes, display shelves, paper pallets, bags with handles, self-adhesive lables and various paper packages.

Rongsheng Packing Printing Group is located in Ningbo, a city famous for daily commodities in the Zhejiang Province of China. Benefiting more than 15 years experience, Rongsheng is GMI certified and works with well known names such as Best Buy, Lowes, and Walmart.

This company operates as a holding firm for a group of subsidiaries engaged in polyester, spinning, false-twisting, coal chemicals, real estate, venture investment business activities. It was incorporated in 2006 and has its registered office in Hangzhou, China. As a holding company, it handles the administrative affairs and services and grants management services to its subsidiaries, as well as provides financial support and control function for the board. Furthermore, the firm is responsible for managing the group and its overall legal structure, tax planning, financial and equity structures. It is also in -charge in various matters relating to policy, strategic planning, marketing, selecting and manning senior management positions, approving investments and budgets, and the overall ongoing monitoring of the group"s performance.

RONGSHENG PETRO CHEMICAL CO., LTD. is located in Yinong Town, Xiaoshan District, Hangzhou near Xiaoshan Airport and China Light Textile City. Its predecessor is Rongsheng Chemical Fiber Co.,Ltd., established in 1995. It topped the list of fiber enterprises in China, is one of China’s top 500 enterprises and Zhejiang’s top 100 enterprises. In Septem, 2007, it was approved to be restructured into a stock limited.