Wanxin Technology Co., Ltd. of Zhanhua City 

A company specializing in engineering machinery counterweight products holds an important position in the industry.

Since its establishment in 2003, Wanxin Technology Co., Ltd. of Zhanhua City has invested a total of 119 million yuan, covering an area of 43,560 square meters and a building area of 28,130 square meters. After years of hard work and struggle, it has now become a company with strong development momentum and great innovation capabilities, specializing in research, production, sales and service. Its annual production capacity is 35,000 tons. The main products are cast iron counterweights, suitable for industries such as loaders, excavators, graders and forklifts, and the business scope ranges from 0.05 tons to 18 tons. Machining, primer and finish coat are completed. 

◆ Main production equipment: V-process production line, medium-frequency electric furnace, shot blasting machine, drilling machine, lathe, gantry milling machine, CNC end face milling machine, spray painting room, etc. Main testing instruments: three-coordinate measuring instrument, C-S analyzer, Si-Mn analyzer, etc. 

The company currently has 115 employees, including 10 management personnel and 5 senior casting engineers. It has long-term and stable cooperative relationships with global 500 companies such as Caterpillar, Volvo, Kato, Osa, Alamo, and Komatsu from various developed countries. It is a well-known local enterprise that exports and earns foreign exchange. 

In 2022, 18,000 tons of balancing products were sold. Among them, over 9,900 tons were sold for CAT products, accounting for 55%. Since 2023, Wanxin has sold a total of 17,700 tons of its products, with 10,000 tons sold for CAT products. The proportion is 58%.