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    Shandong Hengyu technology group was established in 2005, and it now owns 6 branches and 1 overseas sales office in Qingdao. It is a large, multi-dimensional enterprise group whose core business is tyre manufacturing, while also operating in the fields of automotive lithium battery R&D, real-estate development and international trades. 
    The enterprise is conveniently located in the renowned provincial grade Shandong Guangrao Dawang Economic Development Zone, which holds the transportation advantage of having Qingken Road by its west, the East Green Highway by its east, and the Dongying airport 60km to its north.
    The group occupies an area of 1,600,000 M2, owns a total asset of RMB 350 million, and have 3,500 employees currently. It produces annually 15,000,000 sets of tyres of various types, which has a combined worth of 6 billion RMB, producing 300 million USD dollars of foreign exchange earnings through exporting.