In August 2008, Julong acquired the edible oil processing plant formerly belong to Zhongsheng Grains & Oils for the purpose of developing packaged oil business, base on which Julong built a packaged oil production base with an annual production capacity of 20 million boxes of packaged oil and a oil storage capacity of 40 thousand tones;
In October 2008, Tianjin Julong Group was formally incorporated through consolidating enterprise resources, which marked the beginning of a new era of group company operation;
In October 2008, two new packaged oil products, namely the “Holiday Fresh Palm Fruit Extraction” and the “Holiday Palm Fruit & Grain Blend Oil”, were added to the list of Julong’s small package oil products. While enriching the small package palm oils products series, the group also pushed the concept of palm fruit oil into the market, making it a new eye catching light spot in the market;
On 24 November 2008, the Indonesian Ambassador, H.E. Mr. Sudrajat, highly valued Julong’s endeavor in assuming social responsibilities and contributing to both Chinese and Indonesian people’s wellbeing through developing palm oil business during his meeting with the President of Julong Group, Mr. Yang Xuejiang;
On 25 November 2008, the Indonesian DMSI and Ministry of Agriculture delegation led by the Agricultural Vice Minister of Indonesia visited the palm oil processing base and macro-economy and futures research institute of Julong Group in Tianjin, and expressed their full recognition of the development of Julong’s palm oil business in Indonesia and extended their gracious welcome for Julong’s investment;
On 10 December 2008, the Indonesian Vice President, H.E. Mr. Muhammad Jusuf Kalla, and the Chairperson of the Indonesian Investment Coordinating Board（BKPM）, H.E. Mr. Muhammad Lutfi, met separately with the Executive General Manager of the Indonesian business area of the Julong Group, Mr. Li Lianxi, and extended gracious welcome for the investment of Julong in Indonesia;
On 15 December 2008, the Indonesian Ambassador, H.E. Mr. Sudrajat, paid a special visit to the production plant of Julong Group in the Bonded Zone of Tianjin Harbor, and extended his support and warm welcome to Julong Group as well as other Chinese grains and oils enterprises for their investment in the oil palm plantation industry of Indonesia;
On 20 December 2008, the Vice Premier of the State Council of China, Mr. Li Keqiang visited Indonesia. Mr. Yang Xuebiao, Vice President of Julong Group, attended the welcoming banquet held for Vice Premier Li at the organizer’s invitation and accompanied Vice Premier Li during his observation tour to Chinese overseas investment projects in Indonesia;