The company's predecessor was the state-owned Zhuji Knitting Factory. It was founded in 1982, starting with 100,000 yuan paid by the County Bureau of Industry and used knitting equipment donated by Hong Kong compatriots. Under the correct leadership of successive municipal committees and municipal governments, it grew from a difficult small knitting factory to a large enterprise group. During this period, according to the unified deployment of the municipal committee and municipal government, between 1992 and 2003, 22 state-owned enterprises, including the state-owned Zhuji Distillery, the state-owned Zhuji Wool Textile Factory, the state-owned Zhuji Silk Textile Factory, the Zhuji Commercial (Group) Company (Zhuji Municipal Bureau of Commerce), affiliated trading companies, and the state-owned Zhuji Chemical Fertilizer Factory, were merged, as well as the Zhuji Textile General Factory, a large group enterprise. The company is mainly engaged in internet services. Corporate honors: Named as the 2018 Zhejiang Provincial Key Industry Environmental Protection “Leading” Demonstration Enterprise, 2018 Zhejiang Excellent New Industrial Product (New Technology) Project First Prize, and won the “Huzhou Moganshan National High-tech Zone Economic Development Outstanding Contribution Award”, “Huzhou Municipal People's Government Quality Award”, “Deqing County Economic Development Contribution Award”, and “Deqing County Enterprise Growing Bigger and Stronger Assessment Award”.
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