It is mainly engaged in investment, construction and operation of highways, expressways, bridges, railways, rail transits, harbours, shipping and logistics.
It also sets foot in construction, building material, information, financing, real estate and other sectors related to its main business.
On behalf of the Provincial Government, SDHS has completed the investment and construction of the Shandong Section of Beijing-Shanghai Hi-Speed Railway.
At the new starting point, the group will adhere to the spirit of the Fifth Plenary Session of the CPC Central Committee of the CPC and the 13th Five-Year Development Plan in Shandong Province as the guidance, take scientific development as the theme, transformation and upgrading as the mean, reform and innovation as the driving force, the share mechanism as the bond, the perfection of corporate governance structure as the key, the capital operation as the support, quality and efficiency as the purpose and the political core of the party as the guarantee to realize the "Hi-speed dream" of "Build the Hi-speed Group in China, Be World Top 500 and Enrich Staff".
Since then SDHS has gone through a series of name changes as its ownership situation and corporate mission have evolved, changing first to the Shandong Province Highway, LLC in June 1999, and then to the Shandong Province Highway Group Company in January 2005, before adopting its present name in January 2008.
In June 2011, SDHS opened the Jiaozhou Bay Bridge near Qingdao, Shandong, after four years of construction and at a cost of more US$1.5 billion.
The asset size and cargo traffic volume rank the top among the provincial-level local railway companies in China.
Logistics is the emerging industrial sector which SDHS attaches great importance to and it is also one of its pillar business approved by The State-owned Assets Supervision and Administration Committee of Shandong Province.
Ports and shipping is another key business os SDHS to make full use of strategic opportunities of the Development Plan of Shandong Peninsula Blue Economic Zone and Development Plan of Yellow River Delta Efficient Eco-economic Zone and establish its macro-transport system.
SDHS's subsidiary ranks among the joint-equity commercial banks with the greatest development potentials on China.
Opened on August 1, 1997, it has over 80 branches in cities such as Ji'nan, Tianjin, Qingdao, Yantai, Dezhou, Linyi, Ji'ning, Weifang and Dongying, etc.
It has also been honoured successively with "Golden Dragon Prize for Small and Medium Enterprises", "Chinese Best Retail Banks".
With China Everbright Limited, SDHS has established SDHS Everbright Industrial Investment Funds with the expected financing amount of US$9.1 billion and is also preparing for setting up Shandong Province Urbanisation Investment Funds with the capital raising amount of US$3.6 billion.
SDHS's subsidiary Shandong Hi-Speed Road and Bridge Group Co Ltd was listed on the stock market in 2013 and has completed construction of 200 highways of different grades domestically and abroad, totalling over 5000 km.
It solves the world-level technological difficulties of high salinity and alkalinity, frequent corrosion and freezing and creates 21 "New Records by Chinese Enterprises".
Resources and real estate are key businesses of the macro-transport industry system of SDHS, and in recent years, these two sectors have developed quickly mainly in projects of material supply, real estate development and city operation with little investment and quick results.
Hainan New Petrochemical Material Base jointly invested by SDHS and American Heritage Group will have an annual output of US$6.1 billion when operations begin.
[12] On June 16, 2016, China's paramount leader Xi Jinping and Serbian President Tomislav Nikolic attended the Foundation Laying Ceremony for the project.