Founded in 1993, Zhongtian clothes clip Industry and Trade Co., Ltd., Panan County, Zhejiang Province, is a private enterprise specializing in the production of two-color plastic clothes pegs, located at No. 1 Lingshan Road, Xincheng District, Panan County, Jinhua City, Zhejiang Province. The company currently has a factory area of more than 24000 square meters and a total staff of 850 people. At present, the enterprise has an annual production capacity of 1 billion sets of various clothes pegs. In 2018, the company's output value was 75 million yuan and turned in profits and taxes of more than 5.5 million yuan.