Shandong weida machinery co.,ltd.Has its origin from shandong weida machine tools corporation,and was established in 1998. Within a short period of time, the company has grown rapidly into a strong internationally known organization by 2004,and also became the world largest manufacturer of drill-chucks. The company totally assets has now reached 0.5 billion r.m.b, and is regarded as a leader in the field of drill chuck makers in china. In july 2004 the company has reached a new peak by successfully entering the stock - market in Shenzhen china. Thus becoming a public company,consolidationg the resources and opertunities for the future development of the company, Weida has set many new goals including further expansion of the core business "drill-chucks" with new inovative chuck products, and diversifying with new lines of business such as production of high precision cnc machine power chucks. With such a foresight.Weida can become an even more powerful company in the future.