Zhejiang Hengyi Group Co., Ltd. is a modern large private enterprise specializing in the production of petrochemical and chemical fiber raw materials. Its headquarters is located in Xiaoshan, Hangzhou. Its predecessor was the Xiaoshan County Yaqian Commune Knitting Factory founded in 1974. It officially established the group company in 1994. The group ranked 264th in the Fortune World 500 list in 2022 (309th in 2021), and has been on the top 500 Chinese companies for 19 consecutive years (82nd in 2022), and has been in China for 18 consecutive years. The top 50 private enterprises in the top 500 list (ranked 17th in 2022). In 2022, revenue reached 385.661 billion yuan, a year-on-year increase of 18.21%.

The Group insists on "let China's long-lasting textile history shine brightly on our generation again" as its original intention, and takes "building a century-old foundation and establishing a world-famous enterprise" as its mission, and follows the path of backward integration. , established the "petrochemical +" strategic idea of ​​petrochemical industry, petrochemical trade, petrochemical finance, petrochemical logistics, and petrochemical logistics. It has been the first among private enterprises in the country to successfully participate in the polyester melt direct spinning and PTA projects, and the caprolactam project jointly built with Sinopec was Like a model for mixed ownership reform, the key project of the "Belt and Road" - Hengyi Brunei Refining and Chemical Project is known as the flagship cooperation project between the two countries. The first phase of the project was fully completed and put into production in November 2019, completely opening up the entire industrial chain. The "last mile" of integrated operation. At present, the group has formed a competitive "double elastomer" driving model and a "column-shaped" industrial structure, with a refining and processing capacity of 8 million tons/year, a PTA production capacity of 22 million tons/year, and a polyester of 12 million tons/year, a polyester of 8 million tons/year, a refining processing capacity of 22 million tons/year, a PTA production capacity of 12 million tons/year, a polyester of 12 million tons/year, a polyester of 8 million tons/year, a polyester of 8 million tons/year, a And nylon production capacity, it has become the world's largest chemical fiber manufacturer in the dual-industry chain of PTA-polyester and caprolactam-nylon. The holding company Hengyi Petrochemical Co., Ltd. was listed on the overall assets of the Shenzhen Stock Exchange in June 2011, with the stock code: 000703.SZ. Zhejiang Commercial Bank Co., Ltd., Ltd., Ltd., was listed on the Hong Kong Stock Exchange in March 2016 (stock code: HK02016) and listed on the Shanghai Stock Exchange in November 2019 (stock code: 601916.SH), becoming the fifth A-share company. +H” listed joint-stock bank.

Under the new dual circulation development pattern, Hengyi Group takes the opportunity to be among the top 500 in the world and integrates into the global industrial chain and supply chain with a more proactive attitude, strives to achieve upstream and downstream collaboration, domestic and foreign linkage, and software and hardware supporting, strides towards the international community The vision of one of the first-class petrochemical industry groups is moving forward.