Banquan Town, part of Junan County, Linyi City, Shandong Province, is located in the western part of Junan County, bordering Crossroads Street to the east, Qingyun Town, Linshu County to the south, Zhengwang Town, Hedong District, Linyi City to the west, and Lingquan Town to the north, with an administrative area of 101.19 square kilometers. As of the end of 2019, Banquan Town had a household population of 80,474.
During the Spring and Autumn Period, the territory belonged to Ju Di; in 1984, the commune was abolished and called Banquan Town; at the same time, Liujiazhuang Township was analyzed and established; in January 2001, Liujiazhuang Township was incorporated. As of 2023, Banquan Town has 17 village committees.
In 2019, Banquan Town had 62 industrial enterprises, 22 of which were above scale, and 108 general stores or supermarkets with a business area of more than 50 square meters.