As a Model Enterprise of "The Belt and Road" and a "Pilot Enterprise" of Multinational Private Enterprises in Zhejiang Province, Zhenshi Holding Group, based on its own industrial characteristics and practical needs, performs "going out" and “The Belt and Road Initiative” strategy, goes out bravely , goes on firmly and comes back successfully” , and extends the business scope to overseas. In accordance with the concept of "invest abroad and make use of overseas resources, support other countries and achieve self-development", Zhenshi has invested in the reserve of laterite nickel ore, built nickel-iron smelter and an industrial park for comprehensive utilization of nickel resources in Indonesia, and opened up the upstream and downstream industry chain of "laterite nickel ore - nickel-iron smelting - stainless steel" to achieve extended chain, continuous chain and strong chain, ensuring the safety of the stainless steel industry chain from the source. In accordance with the concept of "establish the market first, build the factory afterwards, supply overseas customer by overseas plant and form a global production and sales network", Zhenshi has invested in the construction of fiberglass fabric and composite material production bases in Egypt, Türkiye, Spain etc., forming a global collaborative capacity layout. Zhenshi, headquartered in Tongxiang, Jiaxing, has created a "sweet potato economy" with Zhenshi characteristics.