The Dawenkou Basin is a Cenozoic terrestrial fault basin in Shandong Province, East China, containing abundant mineral resources, especially gypsum. Recently a borehole was drilled in this basin unearthing the upper and middle members of the Dawenkou Formation. From the upper member, well-preserved ostracodes were discovered, which are entirely non-marine taxa including species of Eucypris, Caspiolla, Candona and Candoniella. Based on the new material, a new species Candona dawenkouensis n. sp. was erected. The ostracode assemblage biostratigraphically indicates an age of middle Eocene to Oligocene of the upper member of the Dawenkou Formation and the strata bearing mineral resources (mainly gypsum) of the middle member of the Dawenkou Formation is likely early Eocene. (C) 2021 Elsevier B.V. and Nanjing Institute of Geology and Palaeontology, CAS. All rights reserved.