Huawang Industry Group is located in Shanghai which is invested and founded by Taiwan Zhonghua Machinery Co., Ltd. Headquartered in Shanghai, the group has established four production bases in Liuhang, Malu, Hutai Rd in Shanghai, and Zhangjiagang in Jiansu province, while it has more than 20 co-operated companies in Jiansu, Jilin, Liaoning, Gansu, Xinjiang, Guizhou etc that make it has a national wide sales and service network south to shenzhen, north to Haerbin west to Wulumuqi. The total investment in 1998 is up to 300 million RMB. The main businesses of Huawang Industry Group are molding machinery(blow molding machinery, injection molding machinery, extrusion molding machinery), auxiliary equipment, mou1d, plastic printing, auto computer control system, machinery hydraulic pieces and plastic productions registered as"wangbrand", which almost cover the whole plastic field.

While satisfying the domestic market, its products have sold to Europe, America, Japan, Southeast Asia, Middle East and Russia. The group has owned the studying institute and designing center that it not only improves the quality of the products and higher its class, but also opens up the new products that leads the plastic industry to the new field. At the same time, the group has the "Fuhui Theory", as its enterprise culture spirit and help the faculty build up the correct view of the life and the world that bring up the high quality persons for the company and the society.