Established in August , 1999 , Yantai Yusheng Chemical Co , Ltd ( Yantai Yusheng) is a new high-technology enterprise mainly engaged in producing plastic additives and polyurethane additives . The company is located in Laishan District , Yantai City occupying an area of 20000 sqm with a fixed asset of RMB 50 million yuan . The annual income reaches above 100 million yuan . In order to get better development , Yusheng has successively established the scientific research and development cooperation with Shandong University , Qingdao University and Yantai University . At the end of 2013 , the company has invested 30 million yuan in scientific studying . Now our company has one modern production building over 1100 sqm , lots of advanced production equipment and strong technical strength . New advanced productions are being invented every year . The company ‘s concept of development is based on transforming and improving traditional field and increasing development and growth of new products with the guidance of scientific development . Starting point and then beyond , to create a new history of production and speed on building a world – class enterprise featured of “ Environment Protection and Green .”Now Yantai Yusheng has gotten the certificate of ISO 9001 quality management system and ISO 4001 Environment management system .