Shandong weida machinery co., ltd. Has its origin from shandong weida machine tools corporation. And was established in 1998. and within a short period of time. The company has grown rapidly into a strong internationally known organization by 2004, and also became the world largest manufacturer of drill-chucks. The main factory site is located in weihai – shandong china. Occupying a land area of 300000 square meters. Including building area of 900000 square meters. The current workforce consists of 4000 people which included 150 technical engineers. The company total essets has now reached 0.5 billion r.m.b. and is regarded as a leader in the field of drill chuck makers in china.

The company ultilizing high standard technology and advance processing me tods operates 12 modern production lines, with specialized c.n.c machines totalling 2000 in numbers. With such a capability, our total production out-put has reached a huge total of 50 million pcs of chucks an ually. Making the company brand “peacock” and “weida” chuck products the largest seller around the world. The company product range is extensive with 150 variaties within (4) main catagories: the classic key type chucks, keyless chucks, chuck with locks, and self-tidening chucks. The company product is known for its quality and reliability all over the world with customers spreading over 80 different countries and areas oversea and has a domestic sales market share of 50% in china. The company quality management system is according to the iso9001 certification in which the company was awarded in 1996. due to the inovative designs and improved technology we have acclamed many product patents, 48 within china, 2 in u.s.a and 5 more applications now pending for approval.

In july 2004 the company has reached a new peak, by successfully entering the stock - market in shenzhen china. Thus becoming a public company, consolidationg the resources and opertunities for the future development of the company. Weida has set many new goals, including further expansion of the core business “drill-chucks” with new inovative chuck products. And diversifying with new lines of business such as production of high precision cnc machine power chucks.

With such a foresight. Weida can only become an even more dynamic company in the fure.