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Nanshan Group

Chinese multi-industry private joint-stock enterprise group founded in the early reform and opening-up period, ranked among China's top 500 enterprises.

Last updated October 12, 2026

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Overview

Nanshan Group is a large private joint-stock enterprise group founded in the early period of China's reform and opening-up. According to its official website, it has grown from a poor small mountain village into a multi-industry group consistently ranked among the top of China's Top 500 Enterprises and Top 500 Manufacturing Enterprises. It operates four major parks — Nanshan Industrial Park, Donghai Tourism Resort, Yulong Petrochemical Industrial Park and Qimu Island Port Industrial Park — and its leading businesses span Nanshan Aluminum, Nanshan Zhishang, Hengtong Co., New Nanshan Chemical, finance, Yulong Petrochemical, education, technology, tourism, health and real estate. The group states it has set up branches or offices in multiple regions at home and abroad, with an accelerating internationalization process, and reports annual revenue of over 100 billion yuan and more than 40,000 employees.

History

According to the official website, Nanshan Group was founded in the early period of reform and opening-up. Its development is described in stages: 1978-1988 a period of hard pioneering, 1989-1999 rapid development, 2000-2010 leapfrog development, 2011-2017 transformation and upgrading, and 2018 to present a period of innovative development. The account states that under the reform and opening-up policy, the third team of Qiansong Village began with handicraft workshops making tofu, pasting cement bags, drawing glass fiber and making asbestos tiles. It then founded the Huangxian Fiberglass Plant and the Insulation Materials General Plant, followed by the Xinhua Wool and Cotton Textile General Plant, whose acrylic pillow towels, towel blankets and other products reportedly accounted for over 80% of the national market. Investments followed in Xinhua Kindergarten (the first step into education) and Nanshan Hotel (the beginning of tourism). Nanshan Group was then established with total assets of over 1 billion yuan. Later milestones include a 1x1.5MW Nanshan power plant and entry into the aluminum industry chain; worsted woolen and garment projects with annual output of 36 million meters of worsted woolen fabric; Nanshan Recreation Palace and a 27-hole Nanshan International Golf Course plus Nanshan International Travel Service; the listing of Nanshan Aluminum Co., Ltd. on the Shanghai Stock Exchange (stock code 600219); development of the Donghai Tourism Resort with investment of over 6 billion yuan; construction of Qimu Island Port with 3.7 billion yuan invested and 32 berths completed; establishment of Nanshan Light Alloy Company, whose can body stock was the first independently produced in China; entry into real estate focused on Longkou and Yantai; and the founding of Nanshan Finance Co., Ltd. in November, marking entry into the financial industry.

  • 1978

    Founding: the third production team of Qiansong Village started handicraft workshops making tofu, cement bags, glass fibre and asbestos tiles.

  • Established Huangxian Glass Fibre Factory and Insulation Materials General Factory, ranking among the top in Shandong Province.

  • Set up Xinhua Wool and Cotton Textile General Factory; products accounted for more than 80% of the national market.

  • Invested in Xinhua Kindergarten, the first step into education, and Nanshan Hotel, the beginning of tourism.

  • Nanshan Group formally established with total assets of more than RMB 1 billion.

  • Invested in a 1×1.5 MW Nanshan power plant and introduced aluminium production lines, starting the aluminium industry chain.

  • Invested in worsted woollen fabric and garment projects with annual output of 36 million metres.

  • Built Nanshan Recreation Palace and the 27-hole Nanshan International Golf Course; formed Nanshan International Travel Service.

  • Shandong Nanshan Aluminium Co., Ltd. listed on the Shanghai Stock Exchange (600219).

  • Invested more than RMB 6 billion to develop Donghai Tourism Resort with five functional zones.

Products and positioning

Large private joint-stock enterprise group consistently ranked among the top of China's Top 500 Enterprises, pursuing multi-industry development and internationalization.

  • Nanshan Aluminum

  • Nanshan Zhishang

  • Hengtong Co.

  • New Nanshan Chemical

  • Yulong Petrochemical

Controversies

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