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Shandong Haoyu Vehicle Co., Ltd.

Shandong Haoyu Vehicle Co., Ltd.

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Company History and Background

Founded: 2005

Shandong Haoyu Vehicle Corporation is the first vehicle assembly enterprise in Laiwu, which is a key project supported by the local government and a growing SME supported by Shandong Provincial Government. Founded in 2005 with a total investment of 400 million Yuan, the company takes up an area of about 30 acres and a constructed area of 60,000 square meters. Currently we are staffed with over 300 employees, including 60 engineers and technicians, and more than 120 employees with junior college diplomas or above. At present, the company's total assets amount to 874 million Yuan. We have domestically advanced vehicle welding line, coating line, assembly line and computer monitoring line, which enable the company to produce 100,000 vehicles and refit 50,000 vehicles annually. In 2012, a high-standard automatic assembly line for electric vehicles is completed, which can assemble 30,000 units of electric vehicles per year.

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