Covering an area of 300 mus in the center of Yinzhou, Hengrun High-Tech Industrial Park has a gross investment of RMB 1.5 billion and started running in 1999. In the Park, Ningbo Hengrun Polymers Corporation whose overall investment is RMB 180 million, can produce 50,000 tons of nylon chips, and all the products are of strong international competitiveness due to its adoption of world’s leading manufacturing techniques; Yujiang Special Rubber Belts Company in the Park was defined to be “State-level High-tech Enterprise” in 2008, attended China’s torch-bear plan in 2007 and was rated as Zhejiang Advanced Technology Center in 2012; Ningbo Mingsing Optical R&D Co., Ltd in the Park reached an output value of RMB 51.1 million in 2013 and was listed into “State-level High-tech Enterprise” in the same year. There are also Hengrun Furniture and Aluminum Subsidiary of Fubang Jingye Group Limited in the Park. Such diversity obviously helps diminish the general operation cost by utilizing the cluster of all companies as well as the infrastructure and location advantages of the Park, thus enhancing the competiveness of all enterprises.