When the wave of reform and opening up began to surge in 1980, Yu Guosheng, the founder of Yefeng Group, used 100 yuan of savings to buy more than a dozen sewing machines and started a shirt business in Shitan Village, Dongyang City. The arduous entrepreneurial journey. In 1984, Shitan Garment Factory, the first enterprise in the history of Yefeng, was established. After several years of hard work, clothing products gradually opened up sales and developed at an alarming rate. In 1985, Dongyang County Welfare Garment Factory was established. In 1988, Shitan Garment Factory cooperated with China Textile Corporation to establish the industrial and trade joint venture Jingdong Garment Factory, and based on this, it gradually developed into one of the largest garment export bases in China's coastal areas. At the same time, Yefeng Store began to appear in corporate product catalogs as its own brand image. In 1990, Dongyang Yefeng Shirt Factory was established. In 1991, Zhejiang Huaxi Garment Co., Ltd., a Sino-foreign joint venture, was established. In 1992, Zhejiang Yefeng Garment Group Co., Ltd. was established, marking the formal establishment of the Yefeng business name. Since then, Yefeng's business has embarked on a road of self-growth and rapid development. In 1993, the headquarters of Yefeng Group moved to Hangzhou, the capital of Zhejiang Province, and began to get involved in real estate development, pharmaceutical chemicals, paper packaging and other fields, exploring diversified development paths, and Yefeng's second entrepreneurial journey began.
The second entrepreneurial history is a critical period for the adjustment of Yefeng's industrial structure and the large-scale development of the enterprise. During this period, the industrial structure of Yefeng Group gradually expanded based on the clothing industry and developed into two pillar industries: real estate and pharmaceutical and chemical industry, modern agriculture, clothing, packaging, import and export, financial services and other industries*** The industrial pattern of simultaneous development. In 1994, Zhejiang Yefeng Garment Group Company changed its name to Zhejiang Yefeng Group Company. In 1996, Zhejiang Yefeng Property Management Co., Ltd. was established and later restructured into a joint-stock enterprise. In 1997, Zhejiang Yefeng Import and Export Co., Ltd. was established and later restructured into a joint-stock enterprise. In 2002, Zhejiang Yefeng Group Company changed its name to Zhejiang Yefeng Group Co., Ltd.
In the same year, Zhejiang Yefeng Plastic Co., Ltd. was established. In 2003, with the approval of the State Administration for Industry and Commerce, Zhejiang Yefeng Group Co., Ltd. changed its name to Yefeng Group Co., Ltd. Since 2006, with the opportunities and challenges brought by China's accession to the WTO, and the continuous deepening of the group's diversified development, in order to adapt to the new development situation of strategic industrial structure and resource allocation, Yefeng has strategically planned the third venture. Development blueprint: While maintaining the real estate industry and its ancillary industries as the pillar industries, we will actively promote the in-depth development of the pharmaceutical and chemical industry, forming a two-legged pattern that will drive the simultaneous development of other industries.
Zhejiang Huangye Ecological Agriculture Co., Ltd. was established, and Yefeng Group was selected into the top 500 Chinese service industries. In 2007, Zhejiang Kangjier Pharmaceutical Co., Ltd. was established. In 2008, Yefeng New Material Technology Co., Ltd. was established. In 2009, Yefeng Group planned a grand blueprint for its third entrepreneurial venture and opened a new chapter for Yefeng! . In 2010, Yu Qiang served as chairman and president of Yefeng Group.
Zhejiang Yefeng Plastic Co., Ltd. was separated into Zhejiang Senland Packaging Technology Co., Ltd. and Zhejiang Keguan Polymer Co., Ltd.;
Yefeng New Material Technology Co., Ltd. was renamed Zhejiang Xin Wanfei Technology Co., Ltd.