ZGPT was established on 26th April, 2005, located in Hangzhou Economic and Technological Development Zone of National Development Zone, and its total investment was 59.6million dollars. Its whole building area covers 71, 410 square meters with main manufacturing building area 50, 402 square meters and the supplement area 71, 410 square meters. ZGPT is one of the key industrial enterprises in Zhejiang province.

ZGPT has signed the agreements about import of technology, license cooperation manufacturing and strategic cooperation as well as development all together with MAN Diesel Group on 11th Sep., 2006. ZGPT is the first private owned and Sino-foreign joint venture enterprise producing high-power diesel engine in China. On the first stage, ZGPT specialized in manufacturing high-power marine engines powering out from 440kW to 10, 000kW, gen-sets/auxiliaries, and propulsion package system. While at present, the main products are comprising of diesel engines, such as engine types of L16/24\L21/31\L27/38\L+V32/40 etc., gen-sets and propulsion package system; Furthermore, by 2010 ZGPT will schedule to annually have the capacity of 1, 000 sets as well as ZGPT's aim is to be the top five production base for high-power diesel engines in Asia.