Zhejiang Provincial Seaport Investment & Operation Group Co. Ltd., viz. Ningbo Zhoushan Port Group Co. Ltd.(hereinafter referred to as Zhejiang Seaport Group) is a large state-owned enterprise of Zhejiang Province. With approximately 30,000 employees, Zhejiang Seaport Group owns and operates more than 310 enterprises. Its main businesses include development and utilization of marine resources, marine industry investment, management and capital operation of sea-related and port related resources, investment, design and operation of ports, shipping services, storage, trading, and processing of bulk commodities, marine engineering construction, and port engineering design and supervision, etc. By the end of 2019, Zhejiang Seaport Group's total assets have reached 124.1 billion Yuan, with total ownership interest of 76.8 billion Yuan.