China Petrochemical Shengli Oilfield Daming (Group) Co., Ltd. 12 was restructured and established as a whole, which was officially unveiled on March 18, 2008. Shengli Oilfield Daming Group Co., Ltd. (hereinafter referred to as Daming Group) was restructured and established by China Petrochemical Shengli Oilfield Daming (Group) Co., Ltd. 12 Enterprise, and was officially unveiled on March 18, 2008. The business involves waterproof materials, new building materials, electronics, catering, property management, material trade, chemicals, transportation, education, construction, real estate development and oil and gas technical services. By the end of 2008, the company's total assets reached 2 billion yuan and more than 3,000 employees.