Rongsheng Holding Group Co. Ltd., is a Fortune 500 Company that specializes in the development, production, and distribution of refining products, petrochemicals, and chemical fibers. Rongsheng is a global company serving customers in China, Europe, Americas and Asia and employs over 20,000 individuals and has an annual revenue of over USD $48.2 billion.

Starting from humble beginnings in 1989, Rongsheng is a non-state owned company that has organically grown through the development, construction, acquisition and operation of petrochemical plants and complexes, into the world’s largest producer of PTA and other aromatic hydrocarbons.

Hony Capital

Hony Capital, founded in 2003, is a leading investment management firm that specializes in private equity buyout and has expanded into areas including real estate, venture capital, hedge fund (Goldstream), mutual fund (Hony Horizon Fund). It focuses on the development of China’s real economy with “Intelligent investing for all” as its mission.

Hony Capital currently has USD $13 billion under management, with investors from China and the world’s leading investment institutions, including pension funds, sovereign wealth funds, university endowment funds, insurance companies, family foundations and individual investors.

Hony Capital investments in China span over 100 companies in pharmaceutical and healthcare, consumer products, food and beverage, entertainment, environmental protection and new energy, as well as machinery and equipment manufacturing, providing more than 450,000 jobs.


The ZRG was established in 1992 as an investment company. Over its 32 year history, the ZRG has participated and directed numerous real estate developments both internationally and throughout China including: the Jasper Tower in Shanghai, the Grand Royal Pavilion in Beijing, the Villa Victoria in Hong Kong, the Bedford Manor in Westchester, New York.

In 2005, the ZRG expanded its focus into the energy sector with both domestic and international investments.