It was founded in Green Island, Macau in 1887, and has established operations in Hong Kong and South China.
The company was founded in Ilha Verde (meaning "green island") in Macau in 1886 with British investment[2] and was the first manufacturer of Portland cement in the region, with lime kilns that burned locally dredged coral and imported limestone.
[4] The availability of inexpensive cement was a boon to the development of the area that followed, and further provided a useful export capacity, such as of encaustic glazed floor tiles.
Until October 1988, Cheung Kong Holdings announced a comprehensive acquisition at a price of 20 yuan per share to privatize Qingzhou Yingni.
After the transaction, Cheung Kong Holdings acquired a large piece of land owned by Qingzhou Yingni at its factory in Hung Hom, Kowloon for future real estate development.