Shandong Hemei Group is a private enterprise, not a state-owned enterprise. It was founded in 2003. After years of development, it has become a comprehensive enterprise, involving feed, food, commerce, biology, finance and real estate. The Group was recognized as a key leading enterprise in agricultural industrialization and a national key enterprise in grain and oil industrialization in Shandong Province, and won the title of high-tech enterprise. Although Shandong Hemei Group has made great achievements in the feed industry, it does not belong to the category of state-owned enterprises.