Yuancheng Group, established in 1996, is a conglomerate involved in real estate, its major businesses are industrial production and the service industry. It has more than 30 branches and subsidiaries in cities such as Beijing, Ji’nan, Chengdu, Jining, Changzhou, and Yantai, with over 5,000 employees, total assets of 2.5 billion yuan ($377.76 million), and annual sales revenue of 2.6 billion yuan.
It has built 4.8 million square meters of residential and commercial buildings so far, as a mark of its strong development capacity. The company is ranked among the top 50 real estate companies in Shandong province.