On December 23, 2015, the Provincial Reform Office came to our company to carry out investigation and guidance.

At 14:00, Wei Xuewu, Director of the Supervision and Guidance Division of the Shandong Provincial Reform Office, and his party visited Shandong Huifeng Group Wheel Unit Manufacturing Company, Dongying Huifeng Auto Parts Co., Ltd. for investigation and guidance, accompanied by Song Xuehua and Dawang, Deputy Secretary of Guangrao County Town Party Committee Deputy Secretary Wang Haiqing and People's Congress Chairman Xu Bingde and other party and government leaders.

Director Wei and his party went to the workshop site accompanied by Ding Shijun, general manager of the parts company and Wang Lei, deputy general manager of the group. They visited the machining workshop, heat treatment workshop, grinding workshop, and assembly workshop of the first phase of the hub unit project. In-depth and meticulous understanding, and put forward valuable opinions. During the survey, General Manager Ding Shijun introduced to Director Wei the equipment configuration, development planning, product research and development, and market expansion of Wheel Hub Company. Director Wei spoke highly of the construction of the HSBC Group's digital and informatization workshops, and pointed out that science and technology are the root of enterprise development. Only by trying to promote scientific and technological innovation can we maintain the vitality of enterprises.

Dongying Huifeng Auto Parts Co., Ltd. mainly produces the first, second, and third-generation wheel bearing units and the fourth-generation research and development of wheel bearing units. The total investment of the project is 350 million yuan. The first phase of the project has been completed and put into production. In 2018, after the project is fully completed, it will achieve a production capacity of 10 million units per year. By then, it will become a national first-class hub bearing unit production base.

Shandong HSBC Group is a constant velocity universal joint R & D and production enterprise in Shandong Province. The group has successively been awarded honorary titles such as “High-tech Enterprise”, “Top 100 Auto Parts Enterprise in China” and “Star Enterprise in Shandong Province”.