What is the relationship between Zhende and Zhenxiong?

Affiliation. Zhende Company is a manufacturer of injection molding machine industry in China, which was born in 1986. It is a subsidiary of Hong Kong Zhenxiong Group, and they are affiliated. As a brand made by China injection molding machine, Zhende's sales in 2004 exceeded 800 million yuan. Zhenxiong Group was founded on 1958 by Dr. Jiang Zhen, a famous charity industrialist in Hong Kong. It spans half a century and is one of the largest manufacturers of injection molding machines in the world.