Shandong Modern Fisheries Corporation is a wholly-owned subsidiary of Shandong Marine Group Ltd., a large provincial state-owned enterprise. It was established in November 2018 in Yantai, Shandong Province, with a registered capital of RMB 500 million.
The company centers on implementing the Three National Strategies, namely, building a strong marine province, replacing of old growth drivers by new ones, and advancing rural revitalization. It drives the transformation and upgrading of marine fishery through technological innovation and has established the Shandong Provincial Collaborative Innovation Center for Modern Marine Fishery Engineering Technology. It owns two national-level marine ranches and one provincial-level marine ranch demonstration zone, and has been awarded more than ten honors including the title of National Aquatic Breeding Center and National Demonstration Zone for Healthy and Ecological Aquaculture. It has won more than 20 national and provincial-level awards, including the Second Prize of the National Science and Technology Progress Award.
The company has now expanded its business into modern marine ranches, fry breeding, marine aquaculture, recreational fishery, aquatic product trade, and marine fishery facilities and equipment. It is building and operating an international first-class and domestic leading modern marine ranch complex platform, mastering core technologies for high-quality marine fish breeding and R&D, and striving to build a modern fishery industrial park. It provides one-stop services for high-end aquaculture equipment and ecological fence design and production, and is developing into a modern marine fishery enterprise with significant industry status and influence.
In the new stage of development, the company will focus on strengthening its main business in marine fishery, integrate high-quality sea areas and industrial resources, and strive to become a leading modern marine fishery enterprise with a reasonable industrial layout, concentrated resource advantages, prominent development characteristics, good brand image, and respect from the industry.