Located in Qingdao, the main foreign trade port and one of the 15 economic central cities in China, Qingdao Redstar Chemical Group Co., Ltd. has successively founded in Shandong, Chongqing, Guizhou, Hubei, Shanxi, Heilongjiang 9 wholly owned shareholding companies, 2 joint ventures, 13 wholly owned or shareholding subsidiary companies and one finechemical research institute. Among all of these companies Guizhou Red Star Developing Co., Ltd. is entitled as the most important and star enterprises of Guizhou. It was listed on the stock exchange market of Shanghai on March 20, 2001. This is the first successfully listed company that combines eastern part and western part of China, which has helped us to gain recognition from central governors.