According to the list of the second batch of technology-based SMEs put into storage in 2022 released by the Science and Technology Department of Shandong Province, Shandong Xinzhi Machinery Co., Ltd., a subsidiary of Xindongyue Group, has been on the list for five consecutive years.

Shandong Dongyue Group was founded in 1987 and listed on the main board of Hong Kong in 2007. Over the past 30 years, the company has grown into the largest production base of fluorosilicone materials in Asia along the development direction of science and technology, environmental protection and internationalization.