Shandong Pharmaceutical Glass Co.,ltd is the predecessor of Shandong Pharmaceutical Glass factory, as a national secondary enterprise. In 1993,approved by Zibo Economic System Reform Commission document (1993) no 61, the original Shandong Pharmaceutical Glass Factory initiated exclusive and overall restructuring to adopt the way of directional rising to set up the company. The total share capital of the company was 22.88 million Yuan at that time. In 1996, the company was standardized according to the company law, and was recognized as a standardized joint-stock limited company established by Shandong provincial people's government by Shandong provincial people's government in document no 73 ( 1996 ), and obtained the business license   issued by Shandong Provincial Administration for Industry and Commerce on March 4, 1997, with registration number of 26717270-9-1.

In June 1997, approved by Zibo Municipal Securities Regulatory Commission office, the company's internal staff shares in Zibo securities trading automatic quotation system listed transactions, at November 24, 1998 in accordance with the provisions of the state to clean up and rectify OTC trading to stop trading. The company's profit distribution plan for 1996 is to send 3 shares per 10 shares to all shareholders; The medium-term profit distribution scheme for 1999 is to send 3 shares to all shareholders for every 10 shares, and at the same time to increase 4 shares for every 10 shares of the capital reserve.

On May 17, 2002, the company issued 32 million shares of RMB common stock to the public in Shanghai stock exchange by means of online accumulative bid inquiry and issuance, and the total share capital of the company was changed to 82.407 million Yuan upon approval of the issuance letter [2002 ] No. 10 issued by the China Securities Regulatory Commission. The profit distribution scheme for 2002 is to send 3 shares per 10 shares to all shareholders, and to transfer 2 shares per 10 shares of the capital reserve. The profit distribution scheme for 2003 is to send 3 shares per 10 shares to all shareholders, and to transfer 2 shares per 10 shares of the capital reserve. The profit distribution scheme for 2004 consisted of two transfers per 10 shares of the capital reserve. On May 17, 2005, 30.029 million shares of the company's internal staff and workers were listed and circulated on the Shanghai stock exchange. On February 17, 2006, the company implemented the reform of split share structure, with 2.6 shares for every 10 shares of tradable shares.  In February 2007, the company issued 34.88 million additional A - shares with RMB 8.60 Yuan / share orientation, raising RMB 290 million Yuan. In 2016, the company issued 46,174,862 ordinary shares ( A - shares ) in private, and the company's share capital became 303,554,973 shares.