Shandong Wangguang Group Co., Ltd. was founded in July 1992. It now has assets of 148 million yuan and a construction area of ??280,000 square meters. Its leading product is Wangguang roast beef. There are more than 700 employees on the job, including more than 200 people with college or technical secondary school or above and more than 200 laid-off workers. Since 1995, Wangguang Group has been awarded the 166th place among the 500 largest private enterprises in the country, and has been ranked 166th by the Shandong Provincial People's Government for three consecutive years. Rated as an advanced private enterprise in the province. In 1998, it was awarded the third place among the top 100 private enterprises in Shandong Province by the Shandong Provincial People's Government. In 1998, it was rated as an AAA-level creditworthy enterprise by the Shandong Branch of China Construction Bank, and Wang Guang's trademark was rated as a famous trademark in Shandong Province.