The company is a large joint-stock enterprise specializing in steel structure products. Its predecessor, Qingdao Oriental Tower Company, was founded in 1982, established Qingdao Oriental Tower Group Co., Ltd. in 1996, and changed to its current name in 2000. On February 11, 2011, the company was listed on the Shenzhen Stock Exchange. In October 2016, the company completed the restructuring and changed from a single steel structure manufacturer to a listed company with two main businesses running parallel to the steel structure and potash fertilizer industries. The company headquarters is located in Jiaozhou City, Shandong Province, on the shores of the Yellow Sea, on the shores of Jiaozhou Bay. The location is excellent and the transportation is very convenient. The company has two large steel structure production bases in Qingdao, Shandong and Suzhou, Jiangsu, and has branches in Beijing, Shanghai, Guangzhou, etc., and offices in major domestic provinces. The company's main business involves the steel structure industry and the potash industry. The products include tower products (transmission line towers, radio and television towers, communication towers, etc.), steel structures (plant steel structures, petrochemical steel structures, energy steel structures, construction steel structures, etc.), potassium chloride, and sodium bromide. Potassium chloride is divided into powder crystals and granular forms. Company honors include 750KV power production license; steel structure engineering professional contracting grade 1; housing construction engineering general contracting level 1; full range of product production licenses; steel structure manufacturing premium qualification; special equipment manufacturing license; enterprise quality inspection certificate; measurement assurance confirmation certificate; ISO14001 environmental management certification; ISO9001 quality system certification, etc.