Shandong Weida Machinery Co., Ltd. is a provincial excellent private enterprise, stock-market and high-tech company. Shandong Weida was established in 1984, and began to produce drill chucks in 1988. Weida successfully entered into Shenzhen stock-market in China. The company has registered capital of 175.5 million RMB, possesses the total assets of 700 million RMB, and owns 2000 workforces. The economic efficiency of company is first in the National Drill Chuck industry for many years, and the company becomes one of the most important industrial companies in Weihai.
The leading product-drill chucks are selling all over the world, with domestic sales market share of more than 40% and international share of 39%. The products won the trust of customers. The international famous power tool manufacturers, eg. BOSCH, Black & Decker, TTI, and so on, are our main customers.
The company owned more than 3,000 sets of advanced processing equipments, with CNC material testing machine, coordinate measuring instrument from USA, high-precision projection machine, Germany stress detector equipments. The company set up a provincial-level technology center and Shandong Engineering Jig Research Center. The number of research results obtained national, provincial, municipal technology progress award and the most important new products award. The company has 14 foreign invention patents and 10 domestic invention patents,
Shandong Weida is the first manufacturer of accessory industry in domestic awarded Quality Management System ISO90001 Certification, and was awarded the certification of Environment Management System ISO14001 and Occupational Health & Safety Management System OHSAS18000. Weida’s ERP management system builds an advanced platform for the management and development work.
The brand “PEACOCK” is appraised as “The Famous Trademark of Shandong Province”. The “PEACOCK” brand drill chuck is appraised as “The Famous Brand Product of Shandong Province” and “The Famous Brand Product for Exporting”. The enterprise has successively won a lot of honors, such as “Demonstrating Company with Advanced Technology”, “Advanced Import and Export Company”, “Famous Company with Chinese Patent in Shandong”, “Advanced Private Enterprise”, and so on. The well-known brand has greatly promoted the rapid development of the whole enterprise.