Value and create opportunities
Creating a legend through perseverance
Sharing all rewards and contributing to society
   
Value and create opportunities  
Looking back at the past, it can be seen that our success lies in our ability to seize and make full use of each developing opportunity.

In the 1970s, the Hengdian Group took off at a time of real crisis. The state-run silk factories were shutdown during that time, resulting in an overstock of pods. The President, Mr Xu Wenrong took the initiative to set up Hengdian Silk Factory, making it the first enterprise of Hengdian.

This business opportunity at a time of adversity was rather rare under the system of planned economy. It was from then that ¡®valuing opportunities¡¯ became a tradition for the Hengdian Group. Each of the following continual developments is the achievement of our keen attention to the changing market dynamics, flexible adjustment of our mindset and operations, exploration of potential opportunities and actively seeking solutions to create best outcomes.
 
   
 
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Events List
  1975
Xu Wenrong, the President of Hengdian Group set up Hengdian Silk Factory.
  1978
Seizing the opportunity of market shortage with our silk factory, Hengdian subsequently set up the knitting factory, the underclothes factory, the printing and dyeing factory, the textile factory of chemical fiber and other factories.
   
  1980
With market analysis, we broke the tradition in the textile industries. Hengdian took the lead in hi-tech industry of magnetic materials, which set the basis for electronic components manufacturing in the coming years.
  1989
Entered into the pharmaceutical and chemical industry to produce intermediary, raw materials and other products, which laid sound foundation for large-scale manufacturing and future medicinal development.

Established the first private group in Zhejiang, Hengdian Group Enterprise Corporation to put forth the strategy of high-technology, export-orientation, diversification and group-practice.
 
  1993
After the approval by the Economics and Trade Bureau of the State Council, we changed the name from Zhejiang Hengdian Group Enterprise Corporation, to Hengdian Group Company and set up Hengdian Group with Hengdian Group Company as the core.
  1995
We established cultural villages, entertainment villages, vacation villages and other cultural and recreational facilities, which laid foundation for culture and tourism industry development.
 
  1996
Hengdian leveraged the development of film-shooting bases, to emerge as the pioneer in the film and entertainment industry in a short span of time.
 
  1999
Along with the establishment of the Hengdian Group Holdings Limited, the Hengdian Group Company and its subsidiary companies went through a process of restructuring.

Ventured into modern hi-tech intensive agriculture with the integration of grass, pasture, and dairy industries.
  2001
Established Hengdian Association of Economic Enterprises and implemented the separation of investors and operators.

Put forward the strategic goal of "Third Wave Career-starting" to create an internationalised Hengdian Group.

Ranked 3rd in "Top 10 National private enterprises", which was evaluated by the National Association of Industry and Commerce.
  2002
We ranked 131st in "Top 500 Chinese Enterprise", which was evaluated by Chinese Enterprise Federation and Entrepreneur Association.
  2003
Zhejiang hengdian laboratorial zone of film industry has been authorized as the unique national film industry development base by the state administration of radio, film and television.
  2004
The First Cooperative Organization for Film &TV Shooting Bases in China ¨C Association for Film &TV Shooting Bases across Zhejiang Province announced to be founded recently.

Chinese Film Group Corporation, Hengdian Group and Warner Bros. Pictures are together to found the first sino-foreign Joint venture of film production.
  2005
The 3rd Zhejiang Writers¡¯Festival held in Hengdian.

Cooperate with BFA (Beijing Film Academy to hold a HG-BFA Movie & TV management class in Beijing to train specific managerial talents.

Seminar of ¡°Hengdian urbanization and new rural area construction¡±held in Hengdian.
  2006
Hengdian DMEGC (A-share: 002056) went public in Shenzhen Stock Exchange
  2007
Hengdian Group cooperated with China National Nuclear Cooperation to set up a company which made China¡¯s top manufacturing basement of valves.

Warner China Film HG Corporation invested to shoot and publish the film of ¡°The Warlords¡±.

The film of ¡°Crazy Stone¡±, Warner China Film HG Corporation invested, gained the Excellent Digital film and Excellent film Technique in the 12th China Film Huabiao Award.
  2008
China-Austria Co-production Cooperation Press Conference was hold in Hengdian and compacted to invest to shoot three films like ¡°The Last Dragon¡±together.e
 
 
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