Founded on 8th August 1994 at Shengli Oil Field, Eastar Group has improved from a small-sized paint factory with asset of RMB2.7 million and land of 9.9mu at the very beginning to now large-sized group with asset of RMB2.1 billion and land of over 3,300mu (1mu=666.67sq.m) under the support of leaders at different levels. As a national administrative division high-tech enterprise in chemical and electromechanical industries, the company also deals in green energy, international trade, real estate, building industry and logistic transportation, etc. It has 12 subsidiaries, including Eastar Bioengineering Holding Co., Ltd., Eastar Energy-saving Electrical Equipment Co., Ltd. Eastar (Group) Petrochemical Co., Ltd. and Bazhou Eastar Co., Ltd. In 2008, its productive value was RMB 5.12billion and tax RMB 0.77 billion.