Headquartered in Lingang District of Weihai City, Weida Group was founded in 1976. After more than 40 years of unremitting efforts and innovative development, the Group has developed into a well-known industrial base for precision chuck products, high-grade CNC machine tools, “Demonstration Project for Intelligent Manufacturing” and “Manufacturing Single Champion Demonstration Enterprise” awarded by Ministry of Industry and Information Technology. Shandong Weida Machinery Co., Ltd., the core company of the group, was listed in July 2004. It is the first enterprise listed on Shenzhen Stock Exchange Market of Medium and Small Board in Shandong Province. In December 2018, the company was awarded “The Listed Company With Most Craftsman’s Spirit of Golden Junma Award”.

There are more than 3500 employees in the group. There are seven high-tech enterprises in the group, including Shandong Weida Machinery Co., Ltd., Shanghai Baicheng Electric Equipment Manufacture Co., Ltd., Jinan First Machine Tool Co., Ltd., Suzhou Demac Electric Co., Ltd., Shandong Weida Powder Metallurgy Co., Ltd., Weihai Weida Precision Casting Co., Ltd, etc.

The main products of the group include precision chuck products, medium and high-grade CNC machine tools, integrated solution of intelligent manufacturing system, self-owned brand high-speed parallel robot "iDemac", power tool switches, high-power lithium battery charging protection system, precision casting parts, powder metal parts, saw blades and real estate etc.. Among them the production and sales volume of drill chucks continuously ranks first in the world nearly 20 years.

The group has strong technical strength. There are 11 national and provincial enterprise technology centers, engineering technology centers, key laboratories and labor model innovation studios, which form a three-dimensional innovation R&D system. The group has nearly 300 patents in various fields, including more than 100 domestic and foreign patents in the field of drill chuck.

The group management system is complete, has successively passed the ISO9001 quality management system, ISO14001 environmental management system, OHSAS18000 occupational health and safety management system and intellectual property management system certification, is one of the earlier enterprises passed the ISO9001 quality management system certification in domestic machine tool accessories industry.

The Group actively implements the strategy of industry internationalization and brand development, promotes development by brand, and cooperates closely with the top 500 companies in the world, such as StanleyBlack&Decker, BOSCH, HILTI, makita,Hikoki, Panasonic and Hong Kong TTI, to achieve win-win cooperation; The group has “PEACOCK”,“KONG QUE”,“JI YI JI” “DEMAC”, “ROEHM-WEIDA”, “WEIDA” and “TIAN YUE”, “XIANG GONG”, “LU HONG” and other China famous trademarks, Shandong famous brand and industry famous brand. The Group’s products are widely exported to America, Europe, Asia and the countries along “The belt and Road”.

In recent years, the Group has been accelerating the conversion of new and old kinetic energy, accelerating industrial transformation and upgrading. Through a series of strategic mergers and acquisitions, it has successively acquired Jinan First Machine Tool Co., Ltd, which is an old domestic medium and high-grade CNC machine tool enterprise, and Suzhou Demac Electric Co., Ltd., a leading domestic automation integrated system company. The Group has constructed precision machinery parts manufacturing, medium and high-grade CNC machine tool manufacturing and robot automation three industry sectors, which mutually complement, achieved industrial upgrading from parts manufacturing to machine equipments, leaped from manufacturing to intelligent manufacturing, strode into high-end industrial chain, and stepped out of an internationalized, intelligent, high-end characteristic development path, which further enhanced the Group’s core competitiveness and power of discourse in industry.

In the field of high-grade CNC machine tool manufacturing, Jinan First Machine Tool Co., Ltd, a wholly-owned subsidiary of the Group, is based on the forefront of the industry, positioning the automotive, military, electronic and rail transport markets, undertaking more than a dozen national and provincial machine tool R&D projects. In recent years, the company launched the automation production unit forautomotive aluminum hub processing, breaking through international technical barriers, replacing imported products, providing high-quality automation solutions for reducing staff and increasing efficiency for domestic automotive hub processing enterprises. In April 2018, this project won the “Spring Swallow Award”, which is the authoritative award of the domestic machine tool industry.

In the field of intelligent manufacturing system integration, Suzhou Demac Electric Co., Ltd., a wholly-owned subsidiary of the Group, is the leading supplier of industrial automation and information-based intelligent manufacturing solutions in China, and is the governing unit of China Intelligent Manufacturing System Solution Supplier Alliance. Headquartered in Shanghai Caohejing High-tech Development Zone, the company has subsidiaries or sales and service agencies in Shanghai, Beijing, Suzhou, Hangzhou, Guangzhou, Weihai, Hong Kong and other places, and has over 36,000 square meters of Demac Science and Technology Park in Kunshan Suzhou, which integrates R&D, design, manufacturing, integration and sales. Demac's products cover four business areas: system integration, intelligent products, intelligent equipments and industrial services, has implemented more than 1000 projects for more than 300 customers at home and abroad, including Dow, Dupont, Michelin, Colgate, Ulleigh Automobile and Schlumberger, has successively and successfully launched robot equipments and intelligent logistics equipments, special machines for production lines, motor products and fast-changing electricity devices for electric vehicles and other intelligent equipment products, has accumulated rich industry experience.

in food and beverage, fine chemical industry, biopharmaceuticals, e-commerce logistics, automobile, machine-processing and other industries. In recent years, Demac has successively won more than a dozen honors such as "Jiangsu Post-doctoral Innovation Practice Base", "Jiangsu Province Key Research and Development Institution", "Suzhou Famous Brand Product" and "Kunshan Intelligent Manufacturing Cluster Enterprises", etc.

With the help and support of all sectors of society, the Group has been awarded “Manufacturing Single Champion Demonstration Enterprise” and “Demonstration Project for Intelligent Manufacturing” and "Ministry of Industry and Information Technology Intelligent Manufacturing Comprehensive Standardization and New Model Application Project" by Ministry of Industry and Information Technology, and “National Intellectual Property Advantage Enterprise", "Weihai Mayor Quality Award" and "Tax Star Enterprise" and other more than 500 honors of country, province and municipality.

Building a hundred years of Weida, as a leader in the industry. With the mission of "creating value for customers", Shandong Weida is willing to cooperate with friends from all sectors of society to create the prosperous future together.