Does Nanshan Group have a strong background?

Very strong. Official website of Nanshan Group shows that Nanshan Group, the full name of which is Nanshan Group Co., Ltd., was established in 1992 and is located in Yantai City, Shandong Province. Business scope is extensive, including nanshan aluminum, Nanshan Shang Zhi, Yulong Petrochemical, etc. These companies have certain influence and market position in their respective fields. In addition, Nanshan Group is the first joint-stock enterprise in China. Led by China Merchants in Hong Kong, Shenzhen provided land, and some central enterprises in Hong Kong and individual capital jointly initiated it to develop into a large-scale mixed-ownership enterprise group with state-owned capital as the main body, individual capital participating and relatively scattered shares. Major shareholders include China Merchants Group, CNOOC, Guangdong, Shenzhen and Hong Kong Huang Investment Company. Generally speaking, Nanshan Group not only has a profound historical background and rich business scope, but also has a certain position and influence in China business circles. Therefore, it can