Formerly known as the Haicheng No.2 Stone Powder Factory founded in 1987, Liaoning Beihai Industry (Group) Co., Ltd. incorporated in Haicheng City of Liaoning Province was initially dedicated to industrial minerals mining and processing.

In 2004, Haicheng No.2 Stone Powder Factory subsidiary were reorganized to constitute what is now Beihai Group. The business rapidly expanded from talc and calcium carbonate to include a diversified range of other industrial minerals: magnesite, dolomite, quartz, and fluorite. Beihai also started to invest in related industries like bulk bags manufacturing.