About Us

Group Introduction

       True Love Group LimitedFounded in 1995, its headquarters is located in Yiwu, Zhejiang Province, China's small commodity city. After nearly 30 years of trials and hardships and tenacious struggle, True Love Group has two A- share listed companies, True Love Meijia (003041) and Huading Stock (601113), forming a group enterprise in China's blanket home textile and nylon production industry with blanket home textile and nylon new materials as its core business segments and concurrently engaged in auxiliary businesses such as real estate, cross-border e-commerce and environmental protection engineering.

The group company has a registered capital of 540.78 million yuan, more than 6000 employees, total assets of 13 billion yuan, and has become a large-scale comprehensive private enterprise with an operating income of nearly 10 billion yuan (of which the annual output value of the manufacturing industry exceeds 6 billion yuan), an import and export volume of more than 0.7 billion US dollars, and an annual tax payment of more than 0.5 billion yuan. The enterprises under the jurisdiction of True Love Group include: Zhejiang True Love Meijia Co., Ltd., Yiwu Huading Nylon Co., Ltd., Zhejiang True Love Real Estate Co., Ltd.

Group to implement the "one of the best" strategy,Zhejiang Zhenaimeijia Co., Ltd.(hereinafter referred to as: Zhenaimeijia, stock code 003041) is a blanket home textile enterprise, which successfully landed on the Shenzhen Stock Exchange on April 6, 2021, becoming the first batch of Shenzhen main board listed enterprises after the merger of the two boards. Since its establishment, the company has been committed to the research and development, design, production and sales of home textiles based on blankets. Company to create the "world carpet king" as its mission, currently has an annual production capacity of 49700 tons of blankets, ranking first in the blanket industry. The company mainly adopts the ODM production mode to provide foreign brand customers with blanket design, development and manufacturing services, mainly exported to the Middle East, North Africa and South Africa and other markets. With strong R & D and design capabilities, rich product categories, advanced technology and stable product quality, the company is the first in the industry to pass the ISO9001 quality management system, ISO14001 environmental management system and ecological textile certification, and successively won the top 500 competitive enterprises of China's textile and garment enterprises, national high-tech enterprises, China quality and integrity enterprises, China export quality and safety demonstration enterprises, China's carpet industry comprehensive competitiveness evaluation of the most competitive enterprises, national factory affairs open democratic management advanced units, national well-known trademarks, Zhejiang famous trademarks, Zhejiang industrial and commercial enterprise credit AA-level contract-abiding and trustworthy units, Zhejiang green enterprises, Zhejiang Wool Textile Industry Association Seventh Council Vice President Unit zhejiang province enterprise postdoctoral workstation and other honors.

True Aimeijia will focus on the global medium and high weight blanket market with "better quality, extreme cost and global service" as its business philosophy, so as to digitally improve cost reduction and efficiency and create industry standards.

       Yiwu Huading Nylon Co., Ltd.(hereinafter referred to as: Huading shares, securities code 601113), is a holding subsidiary acquired by True Love Group in April 2022. Founded in 2002, Huading Co., Ltd. is a joint stock limited company specializing in the research and development, production and sales of high quality and differentiated civilian nylon. The nylon filament products have complete varieties and specifications, and the production capacity ranks among the top three in China. The sales network covers Major chemical fiber textile professional markets at home and abroad, as well as Western Europe, America, the Middle East and other countries and regions. Huading Co., Ltd. is the vice chairman unit of China Chemical Fiber Industry Association and the leader unit of nylon FDY(HOY) of China Chemical Fiber Industry Association. It undertakes the national key research and development plan of the Ministry of science and technology, the intelligent manufacturing project of the Ministry of industry and information technology, the national torch plan project, the national key new product plan project, and has won a number of invention patents, Its major research projects have won the first prize of "light of textile" Science and technology award and technology award and technology award and technology award of Zhejiang Province, huading nylon stretch yarn (DTY) was selected as a national manufacturing product.

Since its establishment, Huading has developed and expanded rapidly, and its subsidiaries have expanded to new materials, investment and trade, environmental protection and other industries. In 2018, the acquisition of cross-border e-commerce-Shenzhen Tongtuo Technology Co., Ltd., Tongtuo Technology became a wholly-owned subsidiary, opening up a new development model of nylon filament, cross-border e-commerce dual main business, diversified.

By the end of 2022Zhejiang Yate New Material Co., Ltd(hereinafter referred to as: Asia new materials) has become a wholly-owned subsidiary of Huading Co., Ltd., which has promoted the scale effect of nylon business, optimized and integrated procurement and sales channels, realized the resource sharing and complementary advantages of production capacity, product line and market resources, and improved the company's sustainable operation ability. Yate New Materials is a national high-tech enterprise integrating R & D, manufacturing and sales of nylon stretch yarn and nylon ammonia air-coated yarn. The company has "Provincial Enterprise Research Institute" and "Jinhua Academician Expert Workstation". The National Torch Program and major science and technology special projects have more than 50 national patents. It has been successively rated as "Zhejiang Digital Workshop Intelligent Factory", "Zhejiang Patent Demonstration Enterprise", "Zhejiang Enterprise Research Institute", "National High-tech Enterprise", "National Specialized and Special New Little Giant Enterprise" and so on. The company takes the promotion of the development of the air-coated silk industry as its own responsibility, pursues the harmonious development of green environmental protection and social value, and is committed to the development of special differentiated special-shaped fiber products to create the "aircraft carrier" of the silk industry ".

Huading shares to "science and technology nylon, focus on fashion" as the development vision, determined to become the industry's most scientific and technological content, market competitiveness and profitability of the benchmark enterprises.

In accordance with the overall plan of "refining and strengthening the main business and steadily promoting capital operation", the group established Zhejiang Fuyue Holding Group with the capital model of 51. Through the integration of regional resources and industry advantages, the group systematically built a commercial, industrial and capital platform, and successfully acquired Shanghai "Mirihua" Group. In the real estate sector,Zhejiang True Love Real Estate Co., Ltd.As the main body, since 2004, it has successively participated in the cooperative development of real estate projects such as Yiwu "Oriental International Village", "Wanshang Huafu", "European Scenic City", Qiandao Lake "Crown Resort", Jinhua "European Scenic", "Financial Center COB" and Anhui "Jiuhua Lake Ecological and Cultural Resort. In November 2012, the company and Shandong Tengzhou Municipal Government signed a contract with the "Lunan Yiwu Mall" project with a total investment of 7 billion yuan. The project draws on the business model of Yiwu Commodity City and will become a benchmark commercial complex based on Tengzhou and radiating Lunan. In 2019, it was awarded the title of "Top 100 Markets in China. In January 2020, the company was strongly stationed in the core area of Dongyang city, focusing on urban upgrading and people's housing, with a total investment of about 1.1 billion yuan, and successively completed the cooperative development of two real estate boutique projects of "Dongjiang Yuefu and Xingyunhui. In July 2021, he entered Fushun, Dalian, and participated in the Shanhai Yipin Project of Lushun New Town with an investment of more than 0.9 billion yuan. The construction and sales of the project are expected to be completed in 2025. As a true love good life creator, the company continues to focus on grasping the project resources, mainly independent development, internal project construction, property operation, foreign investment as a supplement, to build a set of development and service as one, efficiency and asset growth of the business sector.

The group vigorously promotes the modern enterprise system, promotes the five major integration of strategy, industry, resources, culture, and management, continues to temper its core capabilities, and strives to create a new model of sustainable development. The Group has always adhered to the values of creating value and sharing results, relatively separating ownership and management rights, and giving full play to the role of professional managers in business management. The Group exercises the functions of decision-making, supervision and service, and implements the dual assessment of the management responsibility system and management of the subsidiaries, so as to achieve full authorization and effective supervision, stimulate and mobilize the self-driving force of the team, and make the enterprise become an effective operation organization. The group advocates breakthrough regular, tolerates failure, encourages all employees to participate in technology and management innovation, carries out activities such as "one drop, two mention, three innovations" and "golden ideas", and formulates 19 award systems such as innovation award, contribution award, efficiency award and brand award. The funds used for various awards are more than 100 million yuan per year, and actively cooperate with many scientific research institutes to make full use of external resources, make the enterprise a career platform recognized by every team member.

The group has always conscientiously fulfilled its social responsibilities, consciously regarded the fulfillment of social responsibilities as the mission of the enterprise, enthusiastically participated in social welfare undertakings, always adhered to green development, and focused on the research and development and use of energy saving, land saving, environmental protection, and intelligent manufacturing. In recent years, it has won many honors such as "Jinhua Green Factory", "Jinhua Beautiful Factory Benchmarking Enterprise", "Green Product Certification", "Zhejiang Green Enterprise", "Zhejiang Advanced Cleaner Production Enterprise", and "National Green Factory. The group actively participated in various social welfare activities such as poverty alleviation, student assistance, environmental protection, culture and sports, military-civilian co-construction, charity and welfare, and successively donated more than 6 million yuan to Wenchuan disaster areas, elderly associations, old revolutionary base areas, environmental protection, rural construction, epidemic prevention and control, etc. At the same time, it cooperated with Yiwu Charity Federation to set up "Charity Fund" and "Love Fund" for poverty alleviation, the general party branch of the group has been awarded the titles of "Jinhua advanced grass-roots party organization" and "five-star grass-roots party organization" for three consecutive years.

Due to his outstanding performance, Mr. Zheng Zhongzhong, chairman of the group, has been affirmed by leaders at all levels and praised by all walks of life. He has been successively rated as "National Township Entrepreneur, Zhejiang Province Quality Management Advanced Individual, Jinhua City Top Ten Good Boss, Yiwu City Labor Model, Yiwu City Excellent Entrepreneur", etc., and was elected as the representative of Jinhua Municipal People's Congress and the chairman of Yiwu Textile Industry Association for three consecutive terms. In April 2022, he was elected as the chairman (president) of Yiwu Federation of Industry and Commerce (General Chamber of Commerce).

True Love Group, adhering to creating a happy working and living environment for employees, helping employees realize their self-worth; continuously improving themselves to customers and embodying credible services; advocating a culture of true love to the society and committed to the concept of harmonious social development, so that thousands of families can feel "true love" and finally realize "making the world full of true love"!