Goldenfish Group is a comprehensive large state-owned holding enterprise mainly producing and selling washing machines, electric refrigerators, commercial refrigeration equipment, air care and beauty small appliances, medical devices, home products, electronic components, injection molding, surface mount printing, metal deep processing, modified resin applications, etc. It is a diversified enterprise group in Zhejiang Province and Hangzhou City, focusing on research and development, manufacturing, marketing, and technical services. The entire group has invested in 28 enterprises; among them, directly controlled or participating enterprises number 17, including 5 sino-foreign joint ventures with Japan, 4 sino-foreign joint ventures, 1 sino-Dutch joint venture, and 7 wholly domestic enterprises. In recent years, through concerted efforts, overcoming difficulties, innovation, and reform, the group has implemented an ice and washing machine integrated white goods strategy, strengthened its main business, integrated resources, market-oriented, increased technological innovation and new product development, innovated and expanded the "industry-academia-research" integration model of scientific and technological research and development, expanded the leading product's industrial chain, increased capital operations, tapped management potential, reduced costs, and improved benefits. This has continuously enhanced the overall competitive strength of the enterprise, expanded production scale, and seen annual leaps in revenue and economic benefits. In 2012, the total group revenue exceeded RMB 12.6 billion. Since 2004, the group has consistently been included in the "Top 500 Chinese Manufacturing Enterprises," since 2002 in the annual "Top 100 Enterprises of Zhejiang Province," and since 2004 in the "Top 100 Enterprises of Hangzhou City." In recent years, the group has also received honors such as "Outstanding Enterprise for Industrial Revitalization of Hangzhou," "Ten Outstanding Contributions to Industrial Enterprises of Hangzhou," "Model Collective of Hangzhou," "Advanced Enterprise in Social Responsibility Construction of Hangzhou," and has continuously ranked among the top 500 large enterprise groups with strong competitiveness as listed by the National Bureau of Statistics. In 2012, Goldenfish Group was ranked 398th among China's Top 500 Manufacturing Enterprises and received the title of "AAA Credit Enterprise." The jointly invested enterprises of the group, such as Hangzhou Panasonic Home Appliances Co., Ltd. and Hangzhou Panasonic Motor Co., Ltd., have become exemplary models of successful economic and technical cooperation and exchange between China and Japan, exerting significant influence within the same industry domestically, and playing a pivotal role in driving the steady growth of a batch of supporting enterprises, contributing to the optimization of Hangzhou's manufacturing structure, industrial upgrading, and regional economic development. By the end of the "Twelfth Five-Year Plan," Goldenfish Group will strive to achieve the goal of building a leading advanced intelligent environmental protection appliance manufacturing base and a double billion enterprise group at home and world-class levels.