Shandong Wuzheng (Group) Co. Ltd., locates in Rizhao a seaside city of east China and the bridgehead of Asia-Euro Land Bridge, is a many entity share-holding trans-regional, multi-industrial enterprise group. We conduct R&D, manufacturing, sales and international trade of agricultural vehicles, light-duty truck, electric vehicles and high-tech products.

Core enterprise of the Group Shandong Wuzheng Agricultural Vehicle Co. Ltd., is a key enterprise of Agricultural Machinery Industry of the State and of Machinery Industry of Shandong Province.
It has 5 enterprise departments; Vehicle Assembly Factory, Vehicle Body Factory, Rear Axle Factory, Ligh-duty Truck Plant and Sales Company, 4 share holding subsidiary company; Wuzheng High-tech Developing Co Ltd. Qingdao Wuzheng International Trade Co. Ltd., Rizhao Wooking Electric Vehicle Co. Ltd. and Wulian Anxu Machinery Co. Ltd.

About 3800 workers are working here, among which 300 are technicians in the field. Assets of the company are about RMB400, 000,000, real assets RMB98, 500,000. Main products include agricultural vehicles that have tricycle, transformed tractor, four-wheel light-duty truck and gasoline tricycle, etc. fall into 4 series and over 500 models. The products are sold well in 20 provinces over the country and also have been exported to South-east Asia, Africa and North and South American countries. Annual capacity has reach to 300,000 units. The products boast honor that been inspected twice by leader of the Party and the Country in Zhongnanhai.

In recent years, the State Agricultural Vehicle Market has declined in producing and sales. In spite of this disadvantage, Wuzheng people bent themselves to strengthen management, expand market actively. Support by the strategy Name Brand management and company culture cultivating and identified products producing, Wuzheng has find a developing road with its own character. Since 1997, the index of yielding and sales, sales amount and tax keep increasing at high rate in successive 7 years. The company run into Top 2 in the line from 17th place and sales amount ranks Top 10 in State Agricultural Machinery Line. It has become one of the best economic management, most potential enterprise. The booming of Wuzheng has been named "Wuzheng Phenomenon' honorably. CCTV and Commonalty Daily and other media have reported and studied Wuzheng. Due to high satisfaction, prestigious trademark reputation and strong market competitive force of Wuzheng products among consumers, it has been honored "products with most market potential" "products with most popularity" "best sell-well products" "best reputed products' in National Agricultural Machinery Market survey. In the year 2002 it gained the No. Brand among Top 10 Best Products of State Agricultural Machinery. President of the company Mr. Jiang Weidong has been voted as Top News Personality in 2000, Excellent Entrepreneur of Shandong Province, Top 10 Excellent Entrepreneur of State Agricultural Machinery line, and elected as Representative of the CPC and of the People Conference of Shandong Province.

As the manufacture scale multiplied, there is in depth change on craftsmanship factory virescence and spiritual civilization. Computer and network has been widely applied on product design, technic design, technical management, logistic management, cost management, and market mamagement, etc. The management of company upgraded greatly. From last year, company began to attach great importance on international trade and has gained great achievement.

The year 2003 saw the yielding of 130,000 units agricultural transporting vehicles, sales amount RMB1, 068,000,000, tax revenue RMB55, 190,000. It has increased about 33%, 74% and 66% compare to same period of last year. In 2003, the company has invest RMB100, 000,000 to built up a new light-truck plant. It will produce agricultural transporting vehicle, light-duty truck 200,000 units, and sales revenue will get to RMB1, 800,000,000. By the end of "Tehth Five Year Plan", the output will reach to 400,000 units' agricultural transporting vehicle and light-duty truck; sales amount will reach RMB4, 000,000,000.