Dongchen Stock-holding Group Co., located in the center of Shengli Oiffield of Yellow River Delta, was founded on Aug 8, 1994. The corporation started off as a small paint factory covering 9.9 mu with an asset of less than 1.20 million. Now, it has developed into the state's key high-tech enterprise with chemical and electromechanical industries as its leading business. It is also one of the enterprises whose name need not contain its administrative division. The corporation also develops in the fields such as green energy, international trade, real estate, construction and installation, physical distribution and transportation. Now, the corporation owns an asset of 2.5 billion Yuan covers an area of 4,000 mu and holds 10 subsidiary companies.

The corporation now has a number of national patents for inventions; it has established ISO9001 quality system, ISO14001 environmental management system, OHSAS10081 occupational health and safety management system and the stae system of mandatory product certification 3C. The corporation has earned many honorary titles such as "top 100 enterprises of China petroleum and chemical industries',"China's 500 top enterprises of computerization","China's 100top industrial enterprises","China's 500 top manufacturing enterprises","10 most competitive Chinese enterprises","China's most contract-faithful enterprises","China's good faith unit","China's 100top enterprises of education","200 top enterprises of SHandong Province","100 top industrial enterprises of Shandong Province","model enterprises for computerization of manufacture industry in Shandong Province","resource conservation advanced units of Shandong Province","Class A enterprises for labor protection in Shandong Province","excellent quality management enterprises of Shandong Province","best credit banking clients of Shandong Province","provincial AAA credit enterprises","banks'AAA credit enterprises","May 1 labor certificate of merit of Dongying City",etc.