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Zhejiang Orient Holdings Co., ltd. which was founded in 1988, is a core member enterprise of Zhejiang International Trade Group. In the year 1992, the company undertook a demutualization, and five years later in December of 1997, it was listed on the stock market in Shanghai Stock Exchange.
The main business scope of the company includes international trade, real estate development and business of investment. Of all the businesses listed, international trade, which mainly deals with the export of textiles and clothes and the import of machinery equipment and raw materials, is traditionally the most important. The company has business partners all around the world. The company is in charge of Zhejiang Orient International Freight Company and 12 import & export enterprises including Zhejiang Orient Knitwear I/E Co., Ltd. and Zhejiang Orient Home Textile I/E Co., Ltd.. The brand of “Seduno” which is in the charge of Ningbo Seduno Group Co., Ltd., a production enterprise of large scale, is honored with “Famous Brand of Zhejiang Province” and “Zhejiang Famous Import and Export Brand”. Newly emerged core business of the company as it is, the real estate department has already developed several projects, for example, Hangzhou Orient Garden Villas, Hangzhou Xixi Zijin Yards, Huzhou Fengya Pinzhou, Hangzhou Xindi Lounge etc.. The total development area has reached over 400 thousand square meters. Of the real estate it has developed, Xixi Zijin Yards and Xindi Lounge were awarded “Comprehensive Award for National Classic Living Quarters”, while the project of Huzhou Fengya Pinzhou was awarded with “The Most Environment-friendly Living Quarters”. Moreover, the company actively makes diversified investments, and holds shares of companies such as Zhejiang Hikvision Information Technology Co., Ltd., Anhui Huaan Securities, GF Securities, Yong’an Futures and Zhejiang Silicon Paradise Venture Group Co., Ltd.. As of late June of 2009, the company had assets with a total value of RMB 3.3 billion, of which RMB 1.1 billion was the value of net assets. The yearly sales revenue is about RMB 5 billion, and its total import and export volume is 700 million dollars.
During the process of reform and development, Zhejiang Orient has always attached importance to the cultivation of the enterprise culture. By holding on to the business tenet of “People oriented, honesty first, performance prior, harmonious development”, the company has established good business brand and social reputation. Thus, it was honored with “Trustworthy Enterprise of AAA Grade” and “National Quality- and Efficiency-oriented Enterprise in International Trade”. In regard to the future, Zhejiang Orient will go on sticking to the strategy of reform and innovation, and observe the win-win principle. It is determined to make itself a leading enterprise of Zhejiang province in international trade through actions of grasping opportunities, transforming, upgrading and accelerating development, so as to make greater contributions to the development of social economy.
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