Shandong Port Equipment Group Co., Ltd. (hereinafter referred to as "Shandong Port Equipment Group") is a first-class enterprise directly under Shandong Port Group Co., Ltd., established in March 2020, with 4 R&D and manufacturing bases of Qingdao Equipment, Rizhao Marine Machinery, Luhai Heavy Industry and Shangang Offshore Engineering and 1 Shanghai Design and R&D Center.

Shandong Port Equipment Group is mainly engaged in three major businesses: port equipment, offshore equipment, and other products and services, covering ports, shipping, shipyards, hydraulic dredging, aquaculture, municipal engineering, railway logistics, grain storage, petrochemical, mining, electric power, cement, metallurgy, papermaking, chemical and other industries. The products are used in Tianjin Port, Zhenjiang Port, Fuzhou Port, Fangcheng Port, Anhui Port and Shipping and other major domestic port groups and hundreds of corporate customers, covering 28 provinces in China, and exported to more than 59 countries and regions such as Indonesia, Singapore, Vietnam, Thailand, the Philippines, Guinea, Europe, America and Australia.