Abstract: China Pingmei Shenma Group is a large state-owned energy and chemical company, is the country's first batch of circular economy pilot enterprises, over the years, long-term adhere to the development of circular economy strategy, make full use of various resources, point, line, surface multi-level system Promote the realization of industrial chain, circular economy, efficiency, scale, intensive, harmonious and benign development, and strive to build a resource-saving and environment-friendly harmonious enterprise, to achieve a comprehensive, coordinated and sustainable development. To explore a suitable for their own characteristics of a comprehensive, coordinated and sustainable development path. This paper mainly introduces the main characteristics and practices of the "3 + 2" sustainable development circular economy model of the group, and puts forward its own opinions and suggestions on the current problems in the development of circular economy. , Can provide a reference for the transformation and development of similar enterprises.