Zhejiang International Business Group Co., Ltd(ZIB) was estabilished in 2008, a solely state-owned company invested by Zhejiang People's Government. Under the supervision and administration of Zhejiang State-owned Asset Supervision and Administration Commission ZIB acts in the capacity of state-owned fund provider responsible for value maintenance and increase of the state-owned asset.The registered capital of ZIB is RMB980, -million, coming from the available capital respectively held by the previous Rongda, Zhongda and Oriental Groups. The legal residence is at No.199, Qingchun Road, Hangzhou, Zhejiang Province. The authorized business scope covers the operation and management of the state-owned asset, relating to foreign trade, economic cooperation, real estate, industrial investment, trade service, finance and securities with foreign trade being the main business. ZIB has set up an extensive and stable trade and cooperative relationship with the famous customers in 213 countries and regions worldwide and the export products handled amount to as many as 210 large categories, largely in textiles, garments, agro-and native produce, pharmaceutical and chemical products, light industrial products, mechanical and electrical products and complete sets of equipment, etc.ZIB owns 19 secondary holding subsidiaries(including virtual un-controlling shareholding subsidiaries) and 163 companies at various levels covered by the state-owned asset. Zhejiang Oriental Group Co., Ltd., one of the holding subsidiaries of ZIB, is listed on the Shanghai Stock Exchange(stock code No.600120). The subsidiaries that are relatively influential in the province are Zhejiang Native Procduce and Animal By-Products I/E Co., ltd; Zhejiang Textiles I/E Group Co., ltd; Zhejiang Chemicals I/E Co., ltd; Zhejiang Minerals and Metals I/E Co., ; Zhejiang Zhongda Technology Group Co., ltd and so ***** which are also in the front line among the ranking for national local foreign trade institutions. By