Qingdao TaiFa group Co., Ltd. is China's largest manufacturing wheelbarrow professional company, founded in 1980, formerly known as Qingdao bead overlook Cain, group Co., Ltd, established in 1993, in 1997, restructured into joint-stock Co., Ltd. Company is a national large enterprise, covers an area of 1.9 million square meters, total assets of 1.2 billion yuan, has six branches, 18 factories, involving metal, non-ferrous metal, rubber, plastic, wood, paper, thermoelectric, eight real estate industry, mainly in the production of more than 1800 types of carts and more than 1200 types of tyres and castor, annual production capacity of 8 million and 30 million (sets), are exported to more than 100 countries and regions of the world.

Since the company established in 1980, products are exported to international markets, has been more than 20 years of export history, occupies an important share in the international carriage market and enjoy high reputation. Company for the integrity of law-abiding town enterprise, China top 500 manufacturing enterprises, enterprises in shandong province (group) fortune 200 and top 50 industrial enterprises, machinery industry enterprises, provincial contracts and keep promise enterprise, top ten industrial enterprises in Qingdao and jiaonan industry backbone enterprises, and continuously for many years been rated as national, provincial, municipal export advanced units. Its "TaiFa" brand trolleys and medium-sized truck tyres for Qingdao name brand product, "TaiFa" brand trademark for the famous trademark in shandong and Qingdao, ST series carts for the national township enterprises famous brand products. The company has passed ISO9001: 2000 international quality system certification, and has more than 300 kinds of products made in Germany GS certification, the European ECE certification, CE certification, the United States DOT certification, Saudi GCC certification and China CCC certification.

In recent years, through strengthening enterprise management, increase investment in technological upgrading and adjustment of product structure, expand the international and domestic market and a series of fruitful work, TaiFa group, with the accelerating pace. Completed in 2005 gross industrial output value of 5.48 billion yuan, sales income 4.43 billion yuan, profit tax of 151 million yuan, export value of 1.542 billion yuan, to earn foreign exchange through exports of $128 million. 1, July, 2006 gross industrial output value of 3.3 billion yuan, sales income 2.928 billion yuan, profit tax of 89.8 million yuan, the export value of 843 million yuan, to earn foreign exchange through exports of $83.79 million.