Henan Haiyang Chemical Fiber Group Co.,Ltd was established in Zhengzhou New and Hi-Tech Development Zone in 2005. Its registered capital being 149 million RMB. In order to integrate enterprise assets after establishment, Director Junping Zheng assigned part of his own property to the group which contains the following holding subsidiary corporations: Henan Weierte Chemical Fiber Co.,Ltd., Sanmenxia Jinmao Chemical Industry Co., Ltd., Xingping Jinlong Chemical Fiber Co.,Ltd., Yanling Wanfa Textile Co.,Ltd., Zhenjiang Wanfa Textile Co.,Ltd, Jiujiang Hengsheng Chemical Fiber Co.,Ltd. and Xinxiang Runyang Chemical Fiber Co., Ltd.. The main products have covered the fields of textile, chemical fiber and fertilizer etc.