Zhejiang CIFU Group Co.,Ltd.was created in 1986.It is a national large-scale comprehensive enterprise.It is specialized in the research,development and production of raw materials of chemical fibre,BOPET and medicine fields.There are two factories,seven carporations and one research institute center as its subcompanies.The total capital is USD500,000,000 and it covers an area of two Kilometer squared.The staff are more than 3,600.CiFu is focal high and new technique business of the country.

　　The capital strength of CIFU is rich and equipments are well developed .All the key equipments of polyester,film and yarns are imported from the U.S.A.,Germany, Japan,France and Italy, and so on.It yields different standards of Semidull,Cation Dyed of DTY,POY and FDY 400 thousand tons(Melt direct spinning 300 thousand tons and chip spinning 100 thousand tons are included).The products sell well both in China and abroad,CiFu owns powerful human resource.Amongst the staff,over 10% are educated over college,there are also many masters,Doctors. A number of talents of technique and administration are introduced from foreign countries.All of them make up forcefully pestles and administration team.
　　The corporation perseveres in uphold going away that the science and technology is prosperd the trade and the way continuing the development.It has organized CIFU Chemical Fiber Research & Development Center with some famous Institute of synthetic fiber and they are appraised both by the country and province. The dominant products have the honor to get famous brand of the Province and the 8th New Product of China and new technique gold medal.The corporation is appraised as High and New Technique Enterprise of the country,the province,the city and the county grade by the relevant depertment successively,and national application-demonstration business of CIMS project,advanced techhique business of city grade as well.It passed the authentication of ISO9001 in 1999 and passed the authentication of its 2000 edition once more in 2002.
　　The group values great input and it spreads to the associaton area. Authorized by the country in Aug. 2003,Zhejiang Euro-Asia Film Materials Co.,Ltd. is organized.The most advanced equipment in the world are used.It gives full play to the advantage of talents and works together with foreign science research unit to renew the latest technology in the world of BOPET.This item was invested USD200,000,000.It has the capacity of high-speed film grade BOPET material 200 thousand tons,and BOPET 120 thousand tons.It will be startup in 2005.
       Meanwhile,CIFU invests USD15,000,000 to build China UNION-CIFU Medicine Manufacture Enterprise.There are two patents of the world while three national patents will be put into the market.CIFU shows the brilliance of privately managed business in WTO.
　　The head quarters of group is lies in Binhai Industry Area ,Shaoxing county,about 3 kilometers apart from Shaoxing SanJiang,the level crossing of Hang-Yong Expressway.The old mill is 5 kilometers apart from Keqiao Textile City,the level crossing of Hang-Yong Expressway, 22 kilometers from HangZhou(Xiaoshan) International Airport. The communication is convenient.