CNQC was established in 1952, which mainly engaged in domestic and international construction projects and investment, real estate development, capital management, logistics, design consulting and etc.CNQC was one of the first 15 enterprises in China to pass through the housing turnkey contract with top grade qualification. CNQC ranked the 277th in the "Top 500 Chinese Enterprises", ranked the 62th in the "ENR the Biggest Worldwide 250 International Contractors". In 2005, CNQC was granted the "National Quality Management Award" which was the third awarded construction enterprise; CNQC won the "Enterprise management award in shandong province" in 2011; CNQC won the first "Mayor Quality Awards of Qingdao City" in 2012. In recent years, CNQC has attained over 300 honors and awards at or above provincial level including "China Famous Trademark","National Outstanding Construction Enterprise", "National Customer Satisfaction Enterprise" and etc.