Mengdi group (formerly known as Yuxin commune knitting factory, founded on January 8th, 1979). After more than 40 years of development, it now covers an area of about 200000 square meters (equivalent to 300 mu) and employs more than 1000 people. It is mainly engaged in four industries: garment industry, fabric industry, trade industry and real estate industry.

Mengdi group is a national non regional group enterprise and a national high-tech enterprise. The trademark of "Mengdi" is a famous trademark of Zhejiang Province. The clothing of "Mengdi" is a famous product of Zhejiang Province and an export famous brand of Zhejiang Province. The group is one of the first batch of integrity demonstration enterprises in Zhejiang Province, an advanced management enterprise in Zhejiang Province, and a leading enterprise in Jiaxing.