Zhejiang Zhezai Waste Management Co., Ltd. is the sole designated foreign trade business company of Zhejiang Renewable Development Group Co., Ltd (a state-owned enterprise). Established in 1997, Zhejiang Renewable Development Group has a registered capital of 163 million yuan. Its business covers four major sectors: urban and rural waste disposal, advanced equipment manufacturing, the automotive aftermarket, and bulk commodity trade. The group holds shares in or has controlling stakes in 13 second-tier social enterprises and 24 third-tier social enterprises. In 2024, the group achieved an operating revenue of nearly 5 billion yuan.

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