Shandong Taibang Shipbuilding Co., Ltd. is a modern high-tech enterprise, located in Dongying City of Shandong Province, the central city of Yellow River Delta, the city of oil and the world wetland. It faces Japan and South Korea across the sea in the east, is close to the Bohai Sea in the north, connects to the Shandong Peninsula Economic Zone in the south, and radiates to the vast inland areas in the west. It is an important node of the Bohai Rim Economic Zone and an important part of the Shandong Peninsula urban agglomeration. It is located in the hub position connecting the Central Plains Economic Zone and the Northeast Economic Zone, and the Beijing-Tianjin-Tang Economic Zone and Jiaodong Peninsula Economic Zone. It is one of the most dynamic areas in China's Bohai Rim economic zone.