Shandong Land Development Group Co., Ltd. (hereinafter referred to as "Shandong Land Development Group") is a provincial functional state-owned capital investment and operation company approved by the Shandong Provincial Government in June 20 15, with a registered capital of 5 billion yuan. Provincial Department of Natural Resources, Provincial State-owned Assets Supervision and Administration Commission, Provincial Guo Hui Company and Provincial Social Security Fund Council are representatives of investors entrusted by the provincial government. The Provincial Department of Natural Resources guides the company's investment policies and operating principles, and conducts business management and work coordination.

Shandong Land Development Group mainly focuses on the major development strategies of the provincial party committee and government, carries out comprehensive land development and utilization, revitalizes inefficient and idle land, enhances the value of land assets, and conducts investment and financing and capital operation, providing financial support and land guarantee for major infrastructure construction and economic and social development in the province.