Shandong Luistone Wheels Co., Ltd. is a new machinery processing enterprise built by Shandong Shuangwang Group with an investment of RMB 420 million in 2010, with a registered capital of RMB 122.10 million and an area of 357 mu. Integrating the R&D, production, processing and sale of aluminum alloy vehicle wheels, our company has been certified to ISO9001:2000, 16949, CCC, VIA and TUV. We have established the most advanced automatic manipulator casting lines among hub industry and introduced lots of production and testing equipment such as Doosan precision machine tools, Italian balancing machine 400P and 800P and Arun spectrometers at the initial stage, laying a powerful market competition foundation. In the strategy of €œConstant Innovation, Leading Technology€, we follow global market trends and set up a R&D team composed of a staff of more than 1, 000 (200 technicians). Relying on casting mould water-cooling technology, our casting quality has reached domestically leading level. Our chromate-free passivation technology has solved the environmental problems of wheel industry. We have entered into close relationships with many famous auto enterprises and made hubs for Benz, BMW, Volkswagen, Toyota and Land Rover. In 2011, we made aluminum alloy wheels of 1.5 million sets, and realized sales revenue of RMB 600 million. After our project completes, we can realize a production capacity of 3 million sets, sales revenue of RMB 1.2 billion yuan and a tax of 120 million yuan.