1994, he founded his own company, the Zhongxiang Industry Corp.(忠祥實業公司/忠祥实业公司) in his hometown Shaoxing. He dramatically expanded his Business not only within Zhejiang Province but also to Shanghai, Nanjing, Beijing, Tianjin, Tangshan, etc., including 13 different regions in China. 1999, he started investing in steel industry, he bought in the factory of Zunhua Steel (遵化市鋼鐵廠/遵化市钢铁厂), further developed it into the current famous Jianlong Steel (建龍鋼鐵/建龙钢铁), which is the largest private steel Producer in China.