Founded in 1970, it is a modern enterprise specializing in the research and development, production and sales of construction machinery/construction machinery/transportation machinery/new building materials

Fangyuan Group is located in Haiyang City, Jiaodong Peninsula, located in Qingdao, Yantai, Weihai between the three open cities, now has jurisdiction over construction machinery Co., Ltd., complete sets of equipment Co., Ltd., hoisting machinery Co., Ltd., environmental protection technology Co., Ltd., building materials machinery Co., Ltd., Jinding Industrial Co., Ltd. and other 22 legal person subsidiaries, in Dortmund, Germany, Beijing, Shanghai to establish wholly-owned production enterprises, with a provincial technology center, to build a construction machinery as the leading, wine industry, grain and oil processing, hotel services, transportation, Construction and installation, pawn investment, foreign trade as the auxiliary, multi-industry simultaneous development of the overall framework. The group covers an area of 1.8 million square meters, with a construction area of 1 million square meters and total assets of 2.5 billion yuan.

The construction machinery products produced by Fangyuan Group include JZC, JS series concrete mixer, PLD series concrete batching machine, HBT series concrete pump, HZS series concrete batching plant, TC series tower crane, SC series construction lift, WBZ series stabilized soil mixing station, JZL series electric crawler pile driver, FY series concrete mixer truck and other 30 series and more than 180 varieties. The group has 80 sales agencies and 120 distribution outlets in the country, and its products are sold all over the country and exported to more than 100 countries and regions. "Fangyuan" trademark was rated as "Shandong Famous Trademark" and "China Famous Trademark".

Fangyuan Group implements the development strategy of cross-industry expansion and multi-field operation, and has successively built new industrial companies such as Yantai Jinding Wine Industry Co., Ltd., Yantai Dahan Delicious Grain and Oil Co., Ltd., Yantai Fangyuan Dahan Mill Co., Ltd., and created a new situation of multi-industry development, multi-industry competition, multi-field breakthrough and multi-level leapfrogging.

Fangyuan Group has successively won the "China Construction Machinery AAA Credit Enterprise", "National Construction Machinery Industry Excellent Quality Management Enterprise", "National Construction Machinery Industry Quality and Benefit Advanced Enterprise", "National Construction Machinery Industry Customer Satisfaction Unit", "China Machinery Industry Top 100 Enterprises", "China Construction Machinery Industry Top 50 Enterprises", "National Top 500 Private Enterprises", "National Contract and Trustworthy Enterprise", "Shandong Province Civilized and Honest Top 100 Enterprises", "Shandong Best Corporate Citizen", " Yantai Top 100 Tax Paying Enterprises" and other titles, through the quality, environment, safety three system integration certification, won the "Shandong Province Quality Management Award", "Yantai Mayor Quality Award".