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Shandong Qilong Chemical Co., Ltd., established in January 1998 with over 600 employees, is a shareholding private enterprise primarily engaged in the deep processing of petrochemical products.

The company currently has seven subsidiaries: Fushun Qilong Chemical Co., Ltd., Shanghai Qilong Chemical Co., Ltd., Beijing Tianbao Qilong Trading Co., Ltd., Foshan Qilong Chemical Co., Ltd., Zibo Qilong Trading Co., Ltd., Zibo Tianbao Industry and Trade Co., Ltd., and Zibo Qilong Labor Service Co., Ltd., as well as three equity-holding companies: Maoming Huayue Hualong Chemical Co., Ltd., Nanjing Qidong Chemical Co., Ltd., and Zibo Tianquan Chemical Co., Ltd. It is an enterprise with a prominent main business, extended upstream and downstream industries, and cross-regional investments.

The company is a competitive producer in China of modified petroleum resin and specialized naphthalene for high-efficiency water reducers. It is mainly involved in the production and sales of modified petroleum resin series, specialized naphthalene for high-efficiency water reducers, methylnaphthalene for dispersants, methylcyclopentadiene dimer, dicyclopentadiene, high-boiling-point aromatic series, and C9 fraction diluents. Its products are sold throughout the country and exported to the United States, Asia, Europe, and other countries and regions. The company has presided over the drafting of the national standard for petroleum resin and industry standards for dicyclopentadiene and methylcyclopentadiene dimer, and has been awarded the China Standard Innovation Contribution Award.

The company possesses strong core competitiveness and has successively passed the ISO9001, ISO14001, and OHSAS18001 certifications. It is recognized as a "National High-Tech Enterprise" and has established the "Shandong Provincial Enterprise Technology Center" and the "Zibo Petroleum Resin Engineering Technology Research Center." In collaboration with several major domestic chemical universities such as Tianjin University and South China University of Technology, it has jointly built experimental bases. The company serves as the chair of the "Petroleum Resin Department of the China Chemical Industry Enterprise Management Association" and has been designated as a "Contract-Honoring and Credit-Worthy Enterprise" by the Shandong Provincial Administration for Industry and Commerce.

The company will adhere to the implementation of resource, market, corporatization, and internationalization strategies, with greater emphasis on technological innovation, management innovation, and improving team quality. It strives to develop into a large-scale petrochemical conglomerate with high recognition in the petroleum resin industry and the comprehensive utilization of petroleum cracking by-products.