Your current position:  History

● In May 1993,established No.8 Business Department of Qingdao Import & Export Corporation ( specializing in the export of chemicals);

● In November 1996, the first time to export dangerous chemicals to Japan by ISO TANK, environmental friendly and convenient;

● In June 2001, changed its name to No.8 Business Department of Qingdao Yijia Tongshang Import and Export Co., Ltd.;

●In April 2004, established the Incorporated Company: Qingdao On-Billion Import & Export Co. Ltd., with registered capital of RMB 6 million; business area covers:pharmaceutical raw materials, electronic chemicals, casting, petroleum chemical industry, daily chemicals, rubber intermediates, ink,coatings and so on.

●In September 2004, the first time to transport liquid chemicals by bulk vessels(1000T/ship), and a large quantity was exported to Japan;
●In March 2004,established the Sino-Japanese joint venture named"Taisheng Angmu Chemical Co.,Ltd". 

●In September 2005, successfully promoted the OEM production of pesticides (intermediates) between famous Chinese and Japanese manufacturers, and raised the level of new product's research and development;

●In November 2008, successfully developed tetrahydrofurfuryl alcohol in electronic grade and export it to Samsung Electronics in South Korea; 

●In August 2009, renamed to Qingdao On-Billion Industrial Co., Ltd., with registered capital of RMB 11 million;

●In June 2010, start to export the food and feed additives in the field of life sciences;

●In November 2010, the registered capital increased to RMB 16 million;

●In 2011, export value of USD 110 million has created a glorious export history of Qingdao Municipal Foreign Trade Import and Export Corporation's export record USD USD 100 million;

●In August 2012, the registered capital increased to RMB 26 million;

●From 2011 to 2017, for seven consecutive years, the amount of foreign exchange earned by exports was in the first place in Qingdao municipal foreign trade import and export corporations;

●In September 2017, the registered capital increased to RMB 32 million;
●In November 2017,invested 7 million in Furfural factory to establish a more closely long-term strategic coorperation relationship and ensure the stable supply of Furtural and Furfuryl Acohol;

●In March 2018,set up Furan Series Product Dept for an in-depth development of customers on Furfural, Furfuryl Alcohol and Tetrahydrofurfuryl Alcohol;
In January 2019,named as “the most growth-type enterprise in 2018” by Qingdao Business Associations and Qingdao Entrepreneurs Associations.
●In July 2019, the registered capital was increased to RMB 39 million;
●In September 2021, the registered capital was increased to RMB 51 million to adapt a further development of business.
●The office in Toronto, Canada was set up on March 01, 2022 to conduct export & import business and promote the company internationalization strategy.