"Yuexing Brand" was founded in 1947 in Shanghai Oil Felt Factory. Over the years, it has been transformed into a state-owned joint-stock enterprise: Shanghai Building Materials Group Waterproof Materials Co., Ltd.

Shanghai Building Materials Group Waterproof Materials Co., Ltd. is a large professional waterproof material manufacturer integrating scientific and technological development, production and operation, engineering construction and technical services. Main products: polymer waterproof rolls, asphalt waterproof rolls, colored asphalt shingles, self-adhesive waterproof rolls, waterproof coatings, waterproof materials, asphalt shingles, waterproof rolls and other products. The company's predecessor is a Sino-foreign joint venture of Shanghai Construction Waterproof Materials (Group) Company (formerly Shanghai Construction Waterproof Materials Factory), and is the main production base of chemical building materials under Shanghai Construction Materials (Group) Corporation (SBM).

The company has a modern production base for colored asphalt shingles, waterproof coils and waterproof coatings covering an area of ​​15 hectares. The company has introduced a complete set of German Reiser to introduce advanced automation multifunctional production lines. The annual production of various new medium and high-end series high-quality waterproof materials such as modified asphalt rolls and colored asphalt shingles is more than 10 million square meters. Main products: polymer waterproof rolls, asphalt waterproof rolls, colored asphalt shingles, self-adhesive waterproof rolls, waterproof coatings, waterproof materials, asphalt shingles, waterproof rolls and other products.

The company's main products have been applied to Shanghai Gymnasium, 80,000-person Stadium, Hongqiao International Airport, Pudong International Airport, Huahong NEC909, Shanghai University New Campus, People's Square, Hongqiao Central Plaza Underground Garage, General Motors, Volkswagen Company, Qinshan Nuclear Power Plant II The famous buildings such as Beijing Jingxi Hotel and Shanghai Pudong Jinmao Building are widely used; and are exported to Southeast Asia, South Africa, the Middle East, South America and other countries and regions; in Fujian, Zhejiang, Anhui, Jiangsu, Gansu, Shandong, Jiangxi and more than a dozen other countries and regions It is widely used in dozens of national key projects in various provinces and cities.

Since 2001, the colored asphalt tiles have been designated for flat slope project in Shanghai. They have been successively in Shanghai, Beijing, Chongqing, Xiamen, Hangzhou, Kunming, Changsha, Nanchang, Hefei, Nanjing, Qingdao, Dalian, Harbin, Changchun, Shenyang, Urumqi, etc. The flat slope conversion projects and residential construction in dozens of cities are widely used, and are exported to Russia, South Korea, Indonesia, Japan, Thailand, Australia and other countries.