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                With registered capital of 392.04 million RMB, Zhejiang Hongjuan Group, a modernized large-scale private enterprise, covers an area more than 31 hectares, and its annual sales amount reaches 2000 million RMB Yuan. After more than 20 years of development, Hongjuan has formed an industrial framework of "One brand, Three Working places and Four Blocks". One brand refers to the core brand "Hongjuan", one of the famous brands of China; Three Workplaces means the Group has got two great manufacturing bases, one in Diankou Town with an area of 16.8 hectares and one in Huandong District with an area of 10.7 hectares; and also has a sericulture and silk production and purchasing base with an area of 3.5 hectares in Haiyan County. Four Blocks refers to the Group's 4 industrial sections of heavy machinery, copper processing, textile, and printing & dyeing.

                Hongjuan Heavy Machinery Co., Ltd. of Zhuji City, subsidiary of Hongjuan Group, covers an area of 10.05 hectares. With an investment of 70 million RMB, a production line manufacturing QT700-2 steel bushing and special bearings is being put into operation, which specializes in the forging and precision machining of many kinds of bearings, bushings, axes, flanges, hubs, cylinder liners etc.

                Zhejiang Hongyu Copper Co.,Ltd is important affiliate established for achievement of strategic transformation, it mainly produces various specifications with China, Europe, US standard of copper rod, oversize brass bushing, copper bearing. With the sales amount of 800 Million RMB, it is known as the largest supplier of bronze bushing for cone crusher and mining machinery.

                Zhejiang Hongjuan Copper Industry Co., Ltd. is affiliate of Hongjuan Group, producing annually 40,000 tons of oxygen-free copper rod, 35,000 tons of various wires of c0.100-4.50mm. Main products include oxygen-free rods & wires for electrical purpose, tinned round copper wire and civil wire.