Shandong Laiwu Runda New Materials Co., Ltd. (formerly Shandong Laiwu Runda Chemical Co., Ltd.) was established on September 18, 2003. It is a national high-tech enterprise, a "specialized and innovative" enterprise in Shandong Province, and a China-patented Shandong star enterprise.
The company is located at No.009, Wangfushan Road, Laiwu High-tech Zone, Jinan City, Shandong Province, with an area of 130 mu and total assets of 280 million yuan.