Established in 1988, Wanda Group is a large-scale enterprise group registered under the approval of the State Industrial and Commercial Administration without the administrative division. The group has ever been awarded the State Certificate of Merit for “ May 1 ” labor , and such honorary titles as State Important High-tech Enterprise , spark demonstration Enterprise , Statewide Enterprise for “Abiding by contract and Valuing Credit ”, statewide Creditvaluing and top 100 Industrial Enterprise groups of Shang dong province . The group passed the certification of ISO9001 Quality system in 1997; obtained the right to manage import and export by itself in 1998; passed the integral certification of ISO9001, ISO14001 and GB/T 28001 in 2002. “Wanquan” Brand trademark was awarded as “Famous Trademark of Shandong Province”, whereas its submersible pump connecting cables and MBS Impact Modifier were granted the honorary title of “Famous Brand Products of Shandong province”.

Wanda group has been insisting the corporate conception of “gathering the technological and essence creating a great wanda”, paying higher attention to integrating the industry with science and technology, and making full efforts to upgrade its enterprise core competence. Therefore, the group has founded its six specialized companies composed of electro-mechanics, chemical engineering, tyres, real estate, construction and installation and microelectronic materials. It has never stopped deepening and promoting the combination of production, learning and research as well as the industrialization of high and new technology, and therefore has formed its own research and development system .Many products have filled up domestic gaps, achieved the patent rights, and been honored as the scientific and technological innovation prizes in both china and the world. The group has set up branch companies, reprehensive offices, commission agencies or joint venture plants in tens of large oil fields and scores of regions such as Daqing, Liaohe and Xinjiang. It has also expanded the domestic market increasingly .for instance, fours kinds of its products have occupied over 20% of the state market quotation(MBS Impact Modi fier reaches over 70%). The group's cyclopentanone, special-type voltage transformer, cross-linking cables, bromine flame retardants and polyimide films have far been distributed to scores of countries and regions such as U .S . A, Russia , Italia, and Taiwan .

Wanda group is striving for the goal: gather the technological essence, create a great Wanda, and build Wanda into an open-type internationalized and modernized enterprise group.