Shandong Port Cruises Development Group Co Ltd was registered and established on Jan 8, 2020 with registered capital of one billion yuan ($140.9 million), all invested by Shandong Port Group Co Ltd.

The company's business scope includes operation and management of cultural and tourism projects, cultural and art exchange activities, cruise shipping business operation management, supporting services for cruise ships, water transport (where operating permits are required), development, construction, operation and management of cruise terminals, development and sale of tourist commodities, hotel investment and operation management, real estate development and sales, property management, conference and exhibition services and import and export of goods and technologies.