Zhejiang Pele Construction Group Co., Ltd., one of the core enterprises owned by Pele Holding, was founded in 1979, formerly known as "Yuhang 2nd Construction", upgraded to "Pele Construction Group" in 2010. Pele Construction Group is housing construction general contracting enterprise with state first level qualification, owning five subsidiary companies. The company business covers housing construction, municipal works, steel structure, ancient garden construction, decoration, construction equipment installation leasing, building materials trade, education and logistics service, credit loan etc. The company has a high-quality construction team of more than 4,000 employees, among them there are over 500 gaining professional and technical titles, including nearly 300 holding senior, intermediate titles, over 100 holding professional practitioner certificates such as registered constructor, supervisor and cost engineers etc., and over 500 holding all kinds of job certificates. The company has 900 sets of advanced construction machinery and equipment, with total power of 7,800 kilowatts, fixed assets of over RMB 30 million Yuan, annual construction capacity of 2 million square meters, and annual construction output value over RMB 2 billion Yuan.