Jinan Shengquan Group Share-Holding Co., Ltd., founded in 1979, occupies a land area of more than 3,000mu land and has over 4,000 employees, with its HQ located in Diaozhen, Zhangqiu, the hometown of Meng Luochuan who was a famous business man. Its business map covers biorefinery, high-performance resin and composites, foundry materials, health & pharmaceutical industry, new energy, etc., with products sold to Europe, America and Southeast Asia and over 50 countries and regions in the whole world. On Aug. 10, 2021, Shengquan Group was officially listed on the main board of Shanghai Stock Exchange (stock code: 605589). 

Shengquan Group consists of 3 manufacturing individual champion demonstration enterprises (two at national level and one at provincial level), 8 hi-tech enterprises and 5 specialized and sophisticated enterprises that produce new and unique products, and has been awarded with the following honors: national technology innovation model enterprise, national key leading enterprise of agricultural industrialization, national intellectual property model enterprise, one of the first batch of national "green factories", one of Chinese top 500 private manufacturing enterprises. Shengquan Group has developed to be the global leader of straw energy saving and comprehensive utilization and the manufacturer of thermal insulation raw materials for the re-entry capsules of Shenzhou spacecrafts. The production and sales volume of main products, namely, furan resin and phenolic resin, among the top in the world. Many products such as photoresist resin for IC, electronic resin for 5G PCB, and light steel reinforced aluminum conductor (LGJQ) have broken the foreign monopoly.

Innovation is the soul of the development of Shengquan Group. Shengquan Group has established a national enterprise technology center and more than ten professional research institutes, totaling over 400 scientific researchers and over RMB 350 million investment in research and development per year. Shengquan Group has been granted to set up many scientific research platforms such as the national postdoctoral research workstation, national certification and accreditation laboratory and Shandong Provincial Project Research Center. With special attention to the construction of industry, university and research, Shengquan Group has built long-term cooperative relations with over 50 colleges and universities, such as Chinese Academy of Sciences, Tsinghua University, Xiamen University, Shandong University, Tianjin University and Harbin Institute of Technology, together with multiple coordinative innovation platforms built, thus increasingly improving its innovation system. Shengquan Group has formed an international team with nearly 30 world-class experts, further injecting innovation vitality into the company. In addition, Shengquan Group has applied for over 1,200 international and national patents, with many being rewarded “China Patent Silver Prize” and “China Patent Excellent Prize”. Shengquan Group has successively undertaken nearly 100 scientific programs at and above provincial level, hosted and drafted nearly 100 standards, thus well demonstrating innovative achievements.

To realize the vision of “establishing Time-honored Shengquan Group for Human’s Wellbeing”, Shengquan Group, powered by innovation, science & technology, talent and investment, will further increase its technology innovation input in the fields such as electronic chemicals, biomedicine, composites and new energy, structure a low-carbon, ecologic and circulating high-quality development system, and hammer at becoming a global leading solution provider of biomass and new chemical materials.