BRIGHT Oceans Corporation (including its predecessor Bright Oceans Inter-Telecom Corporation) was established in 1988. After more than 30 years of development, from a private research institute, it has developed into a high-tech industrial group with IT technology, energy industry, resource industry and large health industry as its main business fields. It is one of the first "National key high-tech enterprises" identified by the Ministry of Science and Technology of the People's Republic of China. 

At the end of 2019, the subsidiary companies of Hesheng Holdings entered the restructuring process of BRIGHT Oceans Corporation as restructuring investors, and became the controlling shareholder of BRIGHT Oceans Corporation. 

The reorganized BRIGHT Oceans Corporation has total assets of more than 9 billion yuan and net assets of more than 7 billion yuan. At present, through restructuring and asset disposal, BRIGHT Oceans Corporation has become the parent company of a high-tech listed company (Bright Oceans Inter-Telecom Corporation, Bright Oceans Inter-Telecom, Stock code 600289) with leading advantages in 5G, network management, information security, big data applications, artificial intelligence, Internet of Things, industrial Internet, smart city and other fields, at the same time BRIGHT Oceans is a holding group company with energy, mineral resources, paper manufacturing and other high-quality sectors and large health and other core assets.