Dongying Hongyuan Machine & Equipment Co., Ltd, found in Mar, 2005, is one of the largest local steel cord machine and equipment manufacturing companies, with most types of products for tire cord industry and also develops materials and machines for silicon multi-wire wafering in solar energy industry,is a high-tech enterprises in shandong. The company with registered capital 60 million RMB.
 The company has developed from a manufacturing enterprise to an integrated enterprise including R&D, production, marketing and services for steel cord machine and equipment, including: Double twist series for cabling and bunching, wet wire drawing machines, single capstan and double capstan take up series for plating line, plating line and heat treatment line. The products are highly recognized by many foreign and local metal products companies. Thanks to the continuous high speed development of auto industry and rubber processing industry in China, the company also went through a continuous high speed development last years and now it has become a domestic leading enterprise for steel cord machine and equipment manufacturing industry.
 The company set the dual core business development mode to realize the vertical integration development and to effectively integrate the enterprise’s recourse. The company plan to invest 800 million RMB into the subsidiary company, Dongying Guoyuan Machine Manufacturing Co.,Ltd, to expand the main business into silicon multi-wire wafering materials and equipments for solar energy. The building and infrastructure for the project is finished and machines will be installed and debugged in aujust, 2011. The estimated output value will be around 600 Mil RMB and the profit tax will be around 200 Mil RMB for 2011.
 Stick to the business concept “we have that others don't, we have better that others do”, consolidate the basis and focus on the core technology, we will strengthen the sustainable development for steel cord machines and equipment manufacturing industry and promote the leaping development for silicon multi-wire wafering materials and equipments in solar energy industry. We will strive to create the most influential national brand in the market and to build up the world-class special equipment manufacturing enterprise.
Address:Huzhou road No.99,Dongying city,Shandong province,PRC
ZIP code:257091
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