Zhejiang Rongsheng Holding Group

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Zhejiang Rongsheng Holding Group - overview

Established

1989

Location

Hangzhou, Zhejiang, China

Primary Industry

Chemicals

About

Based in Hangzhou, China, and founded in 1989, Zhejiang Rongsheng Holding Group is a comprehensive enterprise with petrochemical, chemical fibre, real estate, logistics, venture capital and other industries. The company has set up 10 subsidiaries, including 2 listing company. It has also established a petrochemical base, polyester fibre base and other production bases for polyester bottle flakes and polyester films. Zhejiang Rongsheng Holding Group was recognized as Advanced Enterprises in Implementing the Performance Excellence Model in China.


Zhejiang Rongsheng Holding Group primarily operates in the petrochemical, chemical fibre, real estate, logistics, and venture capital industries. In the petrochemical sector, the group has laid out a complete industrial chain from refining, aromatics, olefins to downstream purified terephthalic acid (PTA) and polyester (including bottle flakes, films, and fibres). In the field of financial investment, Rongsheng is involved in financial institutions, private equity, and capital market investment businesses. The company generates revenue by providing products and services in the fields of petrochemical, chemical fibre, real estate, logistics, and venture capital industries.


Primary Industry

Chemicals

Sub Industries

Logistics & Distribution, Petrochemicals, Real Estate Development & Operating Companies

Website

www.rong-sheng.com

Total Amount Raised

Subscriber access only

Zhejiang Rongsheng Holding Group - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
LP DirectCompletedRongsheng Petrochemical Co., Ltd.-

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