Shanghai Xietong (Group) Co., Ltd. originated from a small knitting factory. Under the guidance of the reform and opening-up policy, through more than 30 years of arduous entrepreneurship, it has gradually developed into a comprehensive large-scale joint-stock enterprise group with import and export rights, spanning multiple industries and regions. Today, it has formed five major industrial segments: industrial production, automotive services, hotel and tourism, international trade, and construction and real estate. It owns five industrial parks and has 46 wholly-owned, holding, and equity-participating subsidiaries.
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