Zhejiang Huazheng New Materials Co., Ltd. (formerly known as Zhejiang Huazheng Electronics Group Co., Ltd.), founded in 2003, is a member of Hangzhou Huali Electric Group, located in Hangzhou, Zhejiang Province. It is an enterprise mainly engaged in the manufacturing of computer, communication, and other electronic equipment. The registered capital of the enterprise is 142.010312 million RMB, exceeding 98% of its peers in Zhejiang Province. The paid in capital is 129.35 million RMB, and the targeted issuance was completed in 2020.

Zhenda Group, as the supplier of Bus duct products for the project, started in 1999 and is a modern enterprise focusing on the design, research and development, production, sales and service of Bus duct, cable bridge, distribution cabinet, seismic support and hanger products. The company's products are widely used in data communication, energy and chemical engineering, research and development and manufacturing, power grid, commercial, residential, cultural and tourism, municipal public construction, warehousing and logistics, education and treatment projects.