Zhejiang Rifa Holding Group Co., Ltd.

After 20 years' rapid development, Rifa Group has realized three transformations from corporate management to corporate governance, from product management to industrial management, and from product management to capital management, based on industry, and realized the transformation of Rifa Group from the initial single company management mode to industrial management. Through leap-forward extraordinary development, it has five industrial clusters: equipment manufacturing, financial investment, agriculture and animal husbandry, sports culture and general aviation, with 7 holding subsidiaries/KLOC-0 and more than 20 shareholding companies. Zhejiang Rifa Textile Machinery Co., Ltd. (to be listed) and Zhejiang Rifa Precision Machinery Co., Ltd. (002520, sz) under the Group are leading suppliers of textile machinery and CNC machine tools in China. The company has invested in more than ten companies, such as Zheshang Bank (formerly the major shareholder of 10) and Xi Anlongji (6010/2).

Rifa Group owns Rifa Digital Science Park with an area of 1 1,000 mu in Xinchang County, Zhejiang Province, Rifa Liaocheng Industrial Park with an area of 700 mu in Liaocheng City, Shandong Province, and Rifa Shanghai Science Park with an area of 1 1,000 mu in Pudong, Shanghai. The group's comprehensive economic benefits have been ranked among the top 5 in the national industry for 9 consecutive years.