Satellite Group, founded in early 1990s, is a modern holding group company controlled by Zhejiang Satellite Petrochemical Co.,Ltd, with the headquarter located in Nanhu, Jiaxing where the Communist Party of China was founded. Satellite Group, inheriting the Red Boat spirit, strives to build the industrial distribution which focuses on industry, investment, petrochemical, trade and finance to achieve the global layout and international management under the trend of reform and opening-up.