Zhejiang Timeshine Industry Group is a comprehensive company of limited liability owned by Zhejiang Timeshine Industry Group Co., Ltd., with registered capital amounted to RMB 60 million. Its headquarters is located on the second floor of Fuming Road No. 849, Ningbo City.
Zhejiang Timeshine Industry Group Co., Ltd. (the former Ningbo Timeshine Industry and Trade Co., Ltd.) was founded in February of 1995. Through about one decade of effort, the company keeps developing, and formally establishes Zhejiang Timeshine Industry Group approved by the superior industrial and commercial departments in July 2004.
Timeshine Group administrates six departments detailed as engineering management department, financial management department, assets management department, information consultation department, foreign trade department and office. Business scope covers extensive fields, with optimistic production trend.
1. Medicine wholesale and retail. In this industry, Timeshine Group owns seven enterprises, and annual sales volume hit 700 million yuan. In Ningbo city proper, two medicine supermarkets named "Kaixinren Pharmacy" receive lots of visitors every day. Daily sales volume exceeds 300,000 yuan. They are the leader in medicine retail industry in Ningbo.
2. Automobile refrigeration industry. Timeshine Group has advanced technique and equipment, as well as scientific management system and advantage in talents. In Feb. 2003, the group passed quality system certification QS – 9000:1998/ISO9002:1994. As a specialist company established according to modern enterprise standard, Timeshine Group has the annual output of automobile air compressor 100,000 sets. Products are mainly of XH-32 and XH-40 series, enjoying features of advanced structure, excellent performance, compactness, large displacement and fast refrigeration. Up till now, the products are supplied to more than 20 large and middle-sized automobile manufacturers. And more than 150 manufacturers have the long-term business relationship with us. Moreover, the products are exported to foreign countries. XH-32 product is listed in "National key new product plan" in 2004 by State Commission of Science Technology of China.
3. Petrochemical industry. Timeshine Group has a large potentiality in this area. The annual gross output value is expected to be 80 million yuan. Time-horizon is four years.
4. Other industries. Other industries, such as foreign trade import and export, leisure and entertainment, aim at money raising and business extension, as new business scope and new point of growth of benefit for Timeshine Group in future years. Now, the entire staff of Timeshine Group, following the principle of "united and striving, intensive and pioneering, stable and developing", has started their new undertaking.
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