# Hangzhou Jinjiang Group

Hangzhou Jinjiang Group is a Corporate Investor based in Hangzhou, China.

## Overview

- **Organization type:** Corporate Investor
- **Headquarters:** Hangzhou, China
- **Region:** Asia
- **Address:** Hangzhou, Zhejiang, China
- **Founded:** 1983
- **Assets under management:** Undisclosed
- **Website:** jinjiang-group.com

## Regulatory record

- **Reports private funds:** No

## About

Founder Dou Zhenggang established Hangzhou Jinjiang Group in 1983, initially building a textiles business before pivoting into heavy industry and environmental services. Jinjiang Group deploys capital across environmental protection energy, aluminum production, new chemical materials, and trade logistics. The group's most visible platform is Zhejiang Jinjiang Environment, a publicly listed waste-to-energy operator that builds and runs municipal incineration facilities in cities such as Zibo. In aluminum, Jinjiang co-invests alongside Aluminum Corporation of China (Chalco) in ventures including Guizhou Huaren, while developing an integrated bauxite-to-alumina industrial park in West Kalimantan, Indonesia. The geographic footprint spans China and Southeast Asia, with the Indonesian complex representing the group's most significant overseas deployment. The group operates through a constellation of subsidiaries rather than a single holding company, with Zhejiang Provincial Energy Group (Zheneng Group) serving as a strategic partner and major shareholder in its energy operations. May 2024: Zheneng Jinjiang Environment continued a restructuring effort to streamline waste-to-energy assets across provincial jurisdictions, reinforcing the group's dominant position in Zhejiang and Shandong. Dou's involvement with the Zhejiang Chamber of Commerce and the All-China Federation of Industry and Commerce provides access to the province's influential private-sector networks, often translating into preferential project approvals. What distinguishes Jinjiang is the tight coupling of industrial output with infrastructure services — the group produces waste-to-energy technology, operates the plants that deploy it, and supplies the aluminum components that go into construction projects elsewhere in its portfolio.

## Sectors

- Energy Transition & Renewables
- Industrial Tech
- Infrastructure
- Real Estate

## People

- Dou Zhenggang — Founder and Chairman
- Wei Xuefeng — Director
- Dou Wei — Director

## Questions

### Who controls Hangzhou Jinjiang Group?

Founder Dou Zhenggang serves as Chairman and ultimate controller. His wife Wei Xuefeng and daughter Dou Wei hold directorships across key subsidiaries, keeping control within the immediate family. Strategic partners such as Zhejiang Provincial Energy Group hold minority stakes in specific operating platforms like Zheneng Jinjiang Environment.

### How does Jinjiang Group source its industrial projects?

Project sourcing relies heavily on relationships with Chinese municipal governments and provincial authorities, particularly in Zhejiang and Shandong. Dou Zhenggang's leadership role in the Zhejiang Chamber of Commerce provides a direct line to local officials who award waste-to-energy concessions, while joint ventures with state-owned players like Chalco open doors to alumina and metals projects.

### What is Jinjiang Group's most significant asset?

Zheneng Jinjiang Environment, its publicly listed waste-to-energy platform, represents the group's highest-visibility asset. The unit operates municipal solid waste incineration facilities generating electricity under long-term government concessions. Beyond that, the Jinjiang Alumina Integrated Industrial Park in West Kalimantan, Indonesia, represents its largest overseas capital deployment.

### Does Jinjiang Group invest in third-party funds or only direct projects?

The group deploys capital almost exclusively through direct project investments and operating subsidiaries rather than through fund commitments. Public records show joint ventures with state-owned partners like Chalco and Zheneng Group, but no history of LP commitments to external private equity or venture funds.

## Related profiles

- [Hangzhou Industrial & Commercial Trust](https://altss.com/profile/hangzhou-industrial-commercial-trust)
- [Hangzhou Jinsheng Group](https://altss.com/profile/hangzhou-jinsheng-group)

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Last updated: 2026-08-11T02:43:31.692Z

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