Zhejiang Xiangsheng Group is an integrated group devoted to polyester fiber, high-tenacity fiber, viscose staple fiber, thermoelectricity, real estate, logistics, import & export, financial investment etc. Established in 1984, the company has 9 subsidiaries and 6 modern production bases. The company covers 700,000 ©O of land and 2502 mu of floor area. The major products are POY, FDY, DTY, PET chip, high tenacity fiber, viscose staple fiber, and Ultra High Molecular Weight Polyethylene Fiber, which are sold well in both domestic market and overseas market. The group is awarded "AAA enterprises" by financial sectors every year. It is one of the top 100 enterprises in Zhejiang, one of the top 500 private enterprises in China, one of the top 500 enterprises of Chinese Manufacturing Industries and one of the top 50 high-tech enterprises in Zhejiang. "Xiangsheng Textile" is chosen as a famous brand in Zhejiang.