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Yantai Penglai District Rongxin Chemical Co., Ltd. (formerly Penglai Qianwei Chemical Co., Ltd.) is located 20KM west of the fairyland city of Penglai, 22KM from Penglai Port, 50KM from Yantai Airport, and 8KM from the Weiwu Expressway, offering convenient transportation.

The company primarily produces: pesticide intermediates, dye intermediates, pharmaceutical intermediates, silicone resins, etc. It maintains long-term cooperative relationships with institutions such as Shenyang Chemical Research Institute, Tianjin University, and Jinan Chemical Research Institute.

The company has six departments, three workshops, and specializes in the production of fine chemical intermediates. With over 30 years of production experience, the factory covers an area of 60,000 square meters, with a building area of 30,000 square meters, and total assets of 130 million RMB. The annual output value is 90 million RMB. The company employs 150 staff, including 3 with senior professional titles, 6 with intermediate titles, and 10 with junior titles. Multiple products have received national and provincial-level scientific and technological awards. In 1994, the company was recognized by the Shandong Provincial Department of Science and Technology as a "High-Tech Enterprise of Shandong Province." For over ten consecutive years, it has been rated by the Provincial Administration for Industry and Commerce as a "Provincial-Level Contract-Honoring and Creditworthy Unit" and an "AAA Credit Enterprise." In 2009, the company obtained import and export rights for its products.

Company Chairman Chen Wennian, along with all employees of Qianwei Chemical, looks forward to collaborating with visionary individuals from all sectors to achieve mutual success, and sincerely invites domestic and international friends to the fairyland of Penglai for business discussions!