Qingdao On-Billion Industrial Co., Ltd. Was established in 2004 with the approval of China Chamber of Commerce. It's founded on basis of Chemical Business Department of Qingdao Yijia Tongshang Import and Export Co., Ltd, previously named as Qingdao Import and Export Corporation. Its current registered capital is RMB 26 million. As a leading supplier from China, it's honored as the Board Director of Furfural and Furfuryl Alcohol Sub-Association of China Chamber of Commerce of Metals, Minerals and Chemicals Importers and Exporters (CCCMC). It's annual export quantity of Furfural and Furfuryl alcohol has amounted to more than 20, 000mt.

Its main products include Furfuryl alcohol, Furfural, Tetrahydrofurfuryl alcohol (THFA), Silane coupling agents, MOCA, Me-THPA, n-MP, ONT, Titanium Dioxide (TiO2) and PC etc.

It has more than 100 own ISO tanks, easy for recylcing liquid chemicals between China, Korea, Japan and other neighbouring countries. In order to achieve a sustainable development structure and guarantee supply of exported products, it invested and established two joint ventures in recent years. In this way, its industrial construction was stably being carried out. Therefore, its business volume reached USD 100 million in 2012, and it was awarded as one of the top 100 enterprises by export of Qingdao City. Its export market covers more than 20 countries and regions including the United States, Canada, South America, Europe, Africa, Australia, Japan and South Korea etc.