Penglai Wan Shou Machinery Co., Ltd locates in economic development zone of beautiful coastal city-Penglai. It is one of the key automobile parts manufacturing bases in Shandong province and is a middle private enterprise which integrates casting, mechanical workout, shape welding, product fabricating. The company occupies an area of 450 thousand square meters, building area of 60 thousand square meters, with fixed assets of 90 million RMB, total assets of 180 million RMB and over 400 advanced production and inspection equipment. The company draws up a quality policy of "science leading, good service, customers highest, up to first-class" and establishes complete quality control system. It passed ISO9001: 2000 Quality Control System Certificate in january of 2002 and ISO TS16949: 2002 Quality System Certificate in february of 2005.

The company principally produces 435, 457, STR, Bens series driving axle, trailer axle and suspension assembly, break drum of wheel hub assembly, main reducing gear assembly and other parts and engineering mechanical parts which enjoy high reputation among customers; The self developed and manufactured integral driving axle with self intellectual property rights of them gains national and international patent of invention; The domestic patent number is ZL200510067991.6 and international patent number is: PCT/CN 2005/000670. Presently, the company mainly produces supported parts of middle heavy-duty truck and patent products of integral driving axle assembly of FAW, Dongfeng and STEYR for FAW, No. 2 Automobile Manufactory, Chongqing Automobile Manufactory, AUMAN and Northbenz. It also manufactories hydraulic oil fluid chamber, fuel chamber assembly for Yantai Dayu Heavy Manufactory. It realized sales revenue of 300 million RMB in 2004. The company was assessed as "Best Private Enterprise", "Best Tax Payment Enterprise" by Shandong Provincial Government and "Best Complement Manufactory" by FAW or other main factories.