Founded in 1994, Hengli Group is a company based on petrochemicals, new polyester materials and the weaving industry, thermoelectricity, machinery, finance, hotels, real estate and other diversified development of international enterprises. A group comprising a large existing PTA plant, a functional fibre production base and weaving enterprises, and more than 60,000 employees, it has built a national enterprise technology centre. In 2017, it had total sales of RMB 307.9 billion. It is the recipient of many awards and honours. Hengli Group has successively undertaken more than 60 major national-level, provincial-level and industry association science and technology planning projects.