Ningshing was founded in 1988 and was restructured into a share-holding company in 2002. After years of consolidation and development, Ningshing has been gradually shaped into a group holding company with diversified lines of business, including Import & Export Trade, Real Estate, Domestic Trade, Tank Terminal Services, Telecom Investment and other industrial investments. As engaged in trade, industry, investment and service area, Ningshing has obtained a continuous growth through good performance in import & export trade, real estate development, telecom business, chemical industry, special steels and car trade, and tank terminal business. All the business of Ningshing entered a stage of rapid growth and reported satisfactory return. Its annual turnover amounted to RMB 2,500 million, the total volume of import and export exceeded USD 300 million each year. The area of land developed amounted to 200 thousand square metres yearly. And all the other business increased their market share considerably.
         So far, Ningshing has got more than 10 subsidiaries and has been ranked among the top accredited companies in Ningbo for consistently 7 years. Since 1998, Ningshing has been consecutively listed among Top 500 Chinese Import & Export Enterprises by Chinese Ministry of Commerce.