The company was founded in 1992 and landed on the small and medium board of the Shenzhen Stock Exchange in August 2016. It is an international cellulose ether manufacturer. It is also an ecological complex group company that opens up the upstream and downstream cellulose ether industry chain and penetrates the fields of vegetable meat and vegetable capsules. The company's main business is R&D, production and sales of water-soluble polymer compounds and downstream chemical products. The main products are nonionic cellulose ethers and vegetable capsules. The company received honors such as the executive director unit of the Ready-mixed Mortar Branch of the China Building Materials Federation, the Shandong SME Innovation Award, the 2016 Shandong Enterprise Innovation Award, the governing unit of the China Ceramic Industry Association's Tile Pasting Technology Professional Committee, a national “high-tech enterprise”, a national “green factory”, and a provincial “specialized and new” small and medium-sized enterprise, and a “invisible champion” enterprise for small and medium-sized enterprises in Shandong Province. It won the “Sustainable Development Industry Model Award” at the 2024 International Green Zero Carbon Festival.