Yantai Guofeng Investment Holding Group Co., Ltd. was established in February 2009 and is a wholly state-owned company. On 20 17 10, the municipal government officially approved Guofeng group to be transformed into a state-owned capital investment group, which was managed by municipal enterprises.
Yantai Lantian Investment Development Group Co., Ltd. was established in 1986 with a registered capital of 3 billion yuan. It is a state-owned capital investment and operation company approved by Yantai Municipal People's Government. By the end of April, 2023, the Group had assets of 49.3 billion yuan, subsidiaries at all levels 1 1, and more than 2,000 employees, and obtained domestic AAA credit rating.