Shandong Weida: The company is the only listed company in the machine tool and power tool accessories industry in China, and one of the world's largest professional manufacturers of drill chucks. The company occupies 35% of the world's drill chuck market share and has a domestic market share of 60%. It basically monopolizes the domestic high-end drill chuck export market. The powder metallurgy products and saw blade products using the raised funds have good economic benefits. The company cooperates with Germany Rem to jointly invest 1 million euros to produce and sell Rem's patented RVE series drill chucks and enter the high-end drill market.
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YUCHENG TENY MEASURE TOOLS CO.,LTD , https://www.tenytools.com