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ZJME Group was established by the Zhejiang Provincial Department of Machinery Industry. It is the only provincial state-owned enterprise in Zhejiang with equipment manufacturing as its main business. It is a team of two brands, Zhejiang Mechanical and Electrical Group and Zhejiang Vocational Education Group. The group currently has more than 11,000 employees and more than 64,000 students; 128 member companies and 6 colleges, including 1 listed company, 1 new third board company, 17 high-tech companies, 3 national specialized "little giants" companies, and 2 Zhejiang Future Factories; it ranks among the top 500 manufacturing companies in China, the top 100 companies in Zhejiang Province, and the first batch of "Eagle Enterprises" in Zhejiang Province. It has been selected as a national model vocational education group and won the National Science and Technology Progress Award and the Zhejiang Provincial Government Quality Award.
The Group has always taken "building the soul through science and innovation and serving the country through industry" as its original mission, and "science and technology and electromechanical" as its strategic guide, to create a new modern industrial system of "one core, six major sectors, and integration of industry and education", to build a new paradigm of integrated development of "industrial brain + future factory + future market", and to strive to build a first-class manufacturing enterprise group and a first-class vocational education group. The industries cover new energy, new materials, aviation composites, civil explosives, military industry, manufacturing and manufacturing services, supply chain services and other fields. It has enterprises such as Yunda Energy Technology Group, Zhejiang Mechanical and Electrical Design Institute, Xinlian Civil Explosives Group, Zhejiang Military Industry Group, Huarui Aviation Manufacturing Company, and Machinery Equipment Import and Export Company. The education has the ability to cultivate multi-level talents such as secondary technical school, junior college, undergraduate, master, doctoral and technician, and skills training. The talent training work has been highly recognized by General Secretary Xi Jinping. It has colleges and craftsman training companies such as Zhejiang Wanli Education Group (Zhejiang Wanli College, Ningbo Nottingham University), Zhejiang Mechanical and Electrical Vocational and Technical University, Zhejiang Economic Vocational and Technical College, Mechanical and Electrical Technician College, and Construction Technician College; it is deeply engaged in scientific and technological innovation, and the proportion of talents with bachelor's degree or above accounts for 72% of the on-the-job employees. It has more than 40 innovation platforms at or above the provincial level (1 National Enterprise Technology Center, 2 Zhejiang Technology Innovation Centers), has obtained more than 4,000 patents, and won more than 150 various quality achievement awards.