Zhengda Group is a well-known multinational corporation founded by a Thai Chinese and is called Charoen Pokphand Group overseas, which has now over 400 subsidiaries and a staff of nearly 200,000 and its business spread over more than 20 countries and areas in the world.
With investment of about 4 billion US dollar in China, Zhengda Group has set up 213 subsidiaries in all provinces, cities and autonomous regions except Qinghai. There are over 80,000 employees and the annual sales volume tops RMB 30 billion yuan. After over 80 years' development, Zhengda Group has formed a business pattern of agriculture, fishery, seeds, telecommunication and commercial retail as core and petrochemical, locomotive, real estate, international trade and finance advancing together.
Zhengda Group was established by Chinese industrialists, the brothers Xie Yichu and Xie Shaofei, in 1921 starting from selling crop seeds. It has formed a complete modern agricultural industry chain of seed improvement, planting, forage, breeding, processing of farming products, selling of foodstuff and imp. & exp. trade and become a study of the industrial operation of modern agriculture. In the past 30 years, under lead of the 2nd familial managers, Zhengda Group is also involved in other fields such as telecommunication, petrochemical, real estate, pharmacy, finance, machinery and media. It is ranked amongst top enterprises in Southeast Asia.
Since 1994, Zhengda Group has ranked first for six times and second for three times among 200 leading Asian enterprises by the Far East Economy Comment, a world famous finance magazine.
In Sep. 2003, the board chairman Mr. Xie Guomin was appraised as one of 50 most influential leaders in commerce by U.S. Fortune magazine.