Founded in 1917, Qingdao Changsheng Group Co Ltd (青岛长生集团股份有限公司) is a large comprehensive edible oil processing enterprise with a history of one hundred years. As the first company in China to produce aromatic peanut oil, it drafted the national standards for that product. 

Changsheng Group is the only enterprise in the Chinese edible oil industry to have been rewarded with the national Quality Gold Award. It was listed among the Chinese top 10 largest peanut oil producing and processing enterprises and was designated a State "Quality Inspection-free Product".