The company was established in June 1953, formerly known as the Great Hall Branch of Shandong Petroleum Company. The shareholding system was reorganized from 1992 to 10. From February 8th to February 8th 1992, 5.2 million internal employee shares and 46.8 million public shares were issued. On March 8th, 1993, "Shandong Taishan Petrochemical Co., Ltd." was established. In the same year 65438+February 65438+May, "Lu Petrochemical A" was listed on Shenzhen Stock Exchange. In June 2000, Shandong State-owned Assets Administration Bureau transferred its state-owned equity to China Petrochemical Co., Ltd., and the company name was changed to China Petrochemical Shandong Taishan Petroleum Co., Ltd., and the company was registered in Shandong Administration for Industry and Commerce with a registered capital of 480,793,300 yuan.