The company, formerly known as Chongqing Paint Factory, was founded in 1931 and restructured as a joint stock enterprise in 1992. The company's shares were listed on the Shenzhen Stock Exchange in 1994. The company is headquartered in Degan Industrial Park, Jiangjin District, Chongqing. It is one of the comprehensive paint manufacturers with a large production scale and a complete range of state-owned enterprises in the paint industry. The company is mainly engaged in the production and sale of coatings. The company's main products are industrial coatings. Honors received include the 2016 China Coatings Industry Development Potential Enterprise Award, 2016 China Coatings Industry Development Potential Enterprise Award, 2016 China's Top 100 Paint Industry Companies, “2018 Chongqing Top 100 Enterprises”, “2019 Chongqing Top 100 Manufacturing Enterprises”, “Chongqing Health Enterprise”, “2023 China Paint Influential Brand”, 2022 Chongqing Enterprise Environmental Assessment “Environmental Integrity Enterprise” issued by the Chongqing Municipal Bureau of Ecology and Environment in 2023, and “Listed Company Director” issued by the China Association of Listed Companies in 2023 It received honors such as “Best Practice Meeting” and an honorary license from the National Aerospace Science and Industry Corporation.