Weifang will build the world's largest commercial wheel end product base

November 6, 2013, the world's largest commercial vehicle wheel end product production base in Weifang, Shandong signing ceremony was held. It is understood that the world’s largest commercial wheel end product base is another important base for cooperation between the United States and the Shandong Haoxin Group Co., Ltd. based on the original joint venture company - Weifang Haoxin Kangmai Parts Co., Ltd. The base is located in Changyi City and is constructed in phases with a registered capital of US$30 million and an initial investment of US$90 million. After an operation, mainly produces commercial vehicle wheels, brake drums, the annual turnover of up to $ 35 million, profits of $ 5 million.

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