Founded in May 2012, it is a wholly-owned subsidiary of Shandong Bestcomm Pharmaceutical CO., Ltd., Ltd. It is located in the Qihe Economic Development Zone, Shandong Province, which is known as the " Pearl of the Yellow River".

the API pilot test, production base and preparation production base constructed by the company in accordance with European, American and other international standards have been put into use, there are currently 13 production lines for oral solid preparations, oral liquid preparations, and API. The preparation workshops for small-volume injections, soft capsules, eye drops, topical medicines, and innovative drug R& D centers are being stepped up. Shandong Loncom Pharmaceutical Co., Ltd will eventually become a comprehensive modern high-tech pharmaceutical enterprise integrating R& D, production and marketing of new pharmaceutical products.