Weifang Energy Group Co., Ltd. was established in February 2021, under the Weifang State-owned Assets Supervision and Administration Commission and the Finance Bureau of Hanting District, which is a state-owned enterprise, and is motivated by the development of the seven business segments of natural gas, heat, electric power, distributed energy, water and wastewater treatment, intelligent manufacturing and big data, 5G, and smart city.

With the goal of "based in Weifang, radiating Shandong, facing the whole country, creating a leading brand of domestic integrated intelligent energy services", the company is committed to accelerating the integrated development of the whole energy industry chain and the implementation of the big energy strategy, optimizing the energy structure, and realizing the transformation, upgrading and high-quality development.