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Shandong Yuanda is a professional enterprise of researching, developing and manufacturing high-end specialty metals and the products, with annual production more than 20,000 tons. Our company is provided with all production facilities and conditions of the whole progress of refining, forging, heat treatment, machining, assembly, inspection and test, with main products including specialty metals and the products for high-speed railway and oil drilling, mold materials and the finished molds, specialty metals for aerospace and nuclear power, etc. Our company has more than 10 invention patents. More than 50% of our products have independent intellectual property rights. The output rate of the new products is more than 70%. There are three products filling the gaps domestically but manufactured exclusively in our company, for which we have the technical and price right to speak. Our company covers an area of 240 mus, with fixed assets worth 240 million yuan and the annual output value 400 million yuan.