Founded in July 2005, Zhejiang Mingwang Dairy Co Ltd was firstly invested by Want Want Holding Ltd. The construction of the company started in February 2006 and it was put into production in October of the same year. 

The company mainly engages in the production, processing and sales of dairy products, beverages and metal packaging products. At present, there are 45 production lines.

It covers an area of 355 mu (236,666 sq m) and has more than 1,000 employees as well as a number of independent standard factory buildings and other ancillary buildings. The total investment of the company is $192.8 million and its registered capital is $79.1 million. 

In 2017, it achieved 1.39 billion yuan in output value, 1.36 billion yuan in sales revenue and nearly 200 million yuan in tax revenue. It has won numerous honorable titles, such as the “Top 100 Foreign-funded Enterprises in Zhejiang Province”, “Advanced Individuals for the Service and Management of the Province's Floating Population”, “AAA-grade Enterprise in Tax Payment and Bank Credit Rating”, and “Quzhou Mayor's Special Award for Social Contribution Award.”