Zhejiang Cathaya Trade and Development Co Ltd. is a subsidiary company of Cathaya Group. It is manufacturing as well as shipping & trading company. The company was founded in January 1999 by Mr. Michael Li Minggao and its registered capital is RMB 10,200,000. The annual export volume reaches to USD 125 million.

Cathaya Group has been over 60 years since it was founded on the basis of Zhejiang Silk Group Corporation. The Group sets its role at a joint-stock enterprise group, majoring in silk & textiles, specializing in international trade, and featured in diversified ownership as well as combination of research, industry and trade. The total assets sums up to 3.5 billion RMB.

Parent company, Zhejiang Cathaya International CO.,Ltd. has its registered capital of 200 million RMB, owning 3 branch companies and more than 20 group holding enterprises. The amount of import & export turnover reaches 900 million USD. The company ranks in top 500 foreign trade enterprises in China.

Zhejiang Cathaya Trade and Development Co Ltd is one of the enterprising group for Cathaya Group and it has further more internal division companies.

• Zhuji Hiest Motor Co. Ltd: It manufactures permanent magnet synchronous motors (PMSM), coreless permanent magnetic motors, electric spindles, BLDC motors for electric vehicles and machinery, motor castings
• Apme Magnetics Co. Ltd: It manufactures magnets for automobiles and electrical & electronics components.
• Ratnesh International: It manufactures bearings, steel products, car accessory, home electronic products, personal healthcare products under their brand “RNG EKO GREEN”. It also manufactures, supplies and do trading of glass processing machines, polycarbonate sheets and various other products.
• Dongguan Sincerity Electronics Technology Co. Ltd: It manufactures bearing equipment machinery and various other industrial machinery and audio products & accessories.
• Qiangsheng Magnets Co.Ltd: It manufactures ultra light permanent magnets, axial flux permanent magnet generators (AFPMG) for small wind turbines and hydro power plants.
• Zhejiang Cathaya Co. Ltd: : It does trading for plastic resins, Air Conditioner & refrigeration spare parts & fittings, automobile parts and various other products.

Over the past two decades, here at Zhejiang Cathaya Trade and Development Co Ltd, we have provided our customers with high-quality, competitively priced goods and professional service. Zhejiang Cathaya aims to establish long-term steady business relations with clients from different regions, focusing on the America, Europe and Asia. We are proud of the reputation we have earned and strive to maintain our high level of service..