Huasheng Jiangquang Group is a collective -owned enterprises of Shenquan community of Luozhuang district, Linyi City. It is a national enterprise with the ability to engage in import-export trade of self-operation. Having eight subsidiaries including a domestic listed company Shandong Jiangquan Industry Stock Co., Ltd. The company covers 5.3 million square meters with 26 thousand staff and the general assets has been 8.06 billion RMB. It has 10 dominate industries and the leading products contains heat and power, aluminum, steel, coke, building ceramics, daily-use porcelains, lumber trade and processing foreign trade, estate investment and building construction and so on. It can annually generate 3.2 billion Kilowatt hours, produce 1.3 million tons of steel per year and 1.2 million tons of coke, manufacture 35 million square meters of building ceramics and 220 million of daily-use porcerlains, the timber import and plywood reach 1 million cubic meters. The company products successively pass ISO9002, IS014001 and America certificate.

In 2004, the group company bring about 6.38 billion RMB from sale and the profit realize 460 million RMB, submit 260 million RMB of TAX and the foreign exchange earning reach USD 66 million. For several years, the enterprise is award as National well-known Township Enterprise National Civil Town Enterprise and Expert Prestige Enterprise of Shandong Province. In 2002, the company was ratified national class group by the state Administration for Industry and Commerce and has already been selected as one of the 500 top enterprise of China for 6 years. In 2007, the estimated turnover of the company is 13.7 billion RMB, and profit& taxi is 100 milion RMB. The company becomes the leading power in revitalize the economy of Linyi city.