According to China Times, Li Wei, general manager of Shunhe Capital under the State-owned Assets Supervision and Administration Commission of Shandong Province, said in an interview with the media that the main reason for choosing to support Shandong Huapeng is that Shandong Huapeng is one of the leading domestic glassware manufacturers, with leading product quality and equipment level and leading scientific research and innovation ability.

Shunhe Capital is a wholly-owned subsidiary of Shandong Development Investment Holding Group Co., Ltd (hereinafter referred to as "Shandong Development Investment"). Shandong Development Investment is 40%, 30% and 30% owned by Shandong Development and Reform Commission, Shandong SASAC and Shandong Social Security Fund respectively.