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4 Jiaxing enterprises invited to attend G20 Summit

chinadaily.com.cn| Updated : Nov 15, 2022

Four enterprises from Jiaxing in East China's Zhejiang province were invited to attend the 17th Group of 20 (G20) Summit, which will take place on Nov 15 and 16 in Bali, Indonesia.

The summit, titled "Recover Together, Recover Stronger," will focus on global economic recovery, global health architecture, digital transformation, sustainable energy transition and climate change, among other topics.

The four Jiaxing enterprises were Zhejiang Huayou Cobalt Co Ltd, Tongkun Group, Xinfengming Group and Zhenshi Holding Group Co Ltd.

Zhejiang Huayou Cobalt Co Ltd is a high-tech enterprise engaged in the research, development and manufacturing of new energy lithium electric materials and cobalt materials.

Tongkun Group is a comprehensive holding group involved in various fields such as petroleum refining, polyester, polyester filament yarn, new materials, logistics, hotels, real estate and comprehensive investment. Its polyester filament production capacity is the highest in the world.

Xinfengming Group, a modern large-scale joint-stock enterprise, has 20 years of polyester filament research, development and production experience. It is also engaged in PTA, spinning, texturing, and import and export trade.

Zhenshi Holding Group Co Ltd is one of China's top 500 companies and is involved in 10 industrial sectors, including special steel, nickel-iron manufacturing, mineral resources, wind power materials, composite new materials, science and technology research and development, logistics, real estate development, hotels, and financial investment. It has set up more than 50 subsidiaries in China and the United States, Spain, Indonesia, Egypt, Turkey and other countries.

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