Juhua Group Corporation (Juhua for short) was founded in May 1958. Juhua was approved by the State Economic and Trade Committee to build an enterprise group in 1992 and was selected by the State Council as one of the 120 pilot enterprise groups in China in 1997. In March 1998, Juhua was authorized as one of the first enterprises in Zhejiang Province to manage state-owned assets. In June 1998, solely launched by Juhua Group Corporation, Zhejiang Juhua Co. Ltd. (Stock Code 600160) was listed on Shanghai Stock Exchange. In 2012, its total sales revenue was RMB15.25 billion, the profit and tax is 1.41 billion, the profit is 880 million. Juhua is a leading company in Zhejiang province and was listed as top 500 Chinese enterprises many times. Juhua share was selected as SSE 180 index and CCTV finance 50 index sample stock. “Juhua brand ” was recognized as Well-Known brand in China with RMB10.137 billion worth of brand value.