On May 18th, 2016, “Ruifeng” tanker from Landbridge Group, a 308,000-ton crude oil carrier (T300K-65)successfully undocked, starting a new era for the group’s shipping industry.
On May 12th , 2016, Landbridge Group successfully acquired Margaret port - the biggest port in Panama. A modernized deep water port with high efficiency should be constructed to make due contributions to the “Marine Economic Corridor” and ports in connection with the “One belt and one road” policy.
In November 2015, LandbridgeGroup won the franchise of Darwin port in Australia for 99 years through bidding, starting an significant supporting power in carrying out the "One Belt, One Road" policy.
In August 2014, Landbridge Group became the first Chinese private enterprise successfully completing mergers and acquisitions of an overseas listed energy company - Westside Corporation Limited.
In 2012, Landbridge Jinjiang International Hotel involving dining, guest room, conference and entertainment began its soft opening, marking a new era in Rizhao tourism industry.
In August 2011, approved by the Provincial Government officially, Landbridge opened the Landbridge port. On December 31, 2011, the National Development and Reform Commission formally approved of Landbridge's construction of a 400,000 ton ore terminal and its corresponding supporting facilities, making the largest domestic specialized ore terminal currently.
Rizhao Landbridge Port Petrochemical co., LTD. Established in 2005, the company has a registered capital of 385 million yuan. The company invested and started building petrochemical projects to the west of West Panjia Villagein in Lanshan District, covering an area of 3000 mu(2,000,000㎡). The project was designed by Luoyang Petrochemical Engineering Corporation Ltd/SINOPEC and Nanjing Jinling Petrochemical Engineering co.,LTD. An annual processing capacity of 10 million tons of crude oil should be approached in two steps as planned. The project is only 1.8 km from Landbridge Port, which is part of the group, bring an incomparable logistics advantage of the pipelines connected with the LPG tank and the port. The main products include diesel, gasoline, naphtha, wax oil, atmospheric wax oil, liquefied petroleum gas, petroleum coke and sulphur, etc.
In February 2004, in the 12th mayor office meeting, construction on Landbridge Group's oil terminals was ized. This set a historic record for a private enterprise to open up a port on the coastline in the history of Rizhao.
In 2000, Rizhao Port Oil co., LTD. set up the joint venture Rizhao Oil Product Sales co., LTD with China National Petroleum Corp. The group began to dabble in wood industry and founded Rizhao Shengye Wood Products co., LTD, ranking as one of southern Shandong's largest timber importing companies.
In May 1999, Rizhao Port Oil co., LTD. was founded based on the restructuring of Rizhao Port Oil Company, establishing its important position in the field of oil flow.
From 1994 to 1996, the enterprise successively established Rizhao Lanshan Ocean Shipping Supply Company and Lanshan Duty-free Shop.
In 1992, Mr Ye Cheng registered Landbridge Group's first enterprise - Rizhao Port Oil Company-the only local oil wholesale enterprise in Rizhao by then-with 15,000 yuan.