Zhejiang Zhip Electric Co. Ltd.

Founded in 1995, the China Failong Power Group Ltd., located in the city of Tsinghui, the country's 100 counties, has grown into a corporate power consortium that combines R & D, manufactures, sells, and owns exports. It is the backbone of the electricity industry in Ningbo. It covers 3,000 acres. There are currently more than 3,700 employees, including more than 500 managers and technicians (1 senior engineer at the professor level, 4 engineers and 27 engineers) The company's sales performance has increased over the years, following a “hard-line management, market expansion” approach, making it one of the most growing enterprises in the Ningbo region, listed by the city of Tsahui as one of the 20 enterprises to be listed in the city. The company has more than 380 marketing agencies in more than 20 provinces and cities, with more than 8,000 outlets, 90 per cent of the product series being sold to third and fourth-class markets throughout the country, and a well-developed national unified after-sale service system and network, which is popular with rural consumers and increases annually by 20 per cent in exports to dozens of countries and regions, including South-East Asia, the Middle East and Africa, where the quality of the product enjoys a high level of credibility among domestic and foreign customers.