Weida Group was founded in 1976, having 30 subordinate companies, including 7 high-tech enterprises and more than 3800 employees. The main products include precision fixtures (drill chucks, etc.), CNC machine tools, robot automation, switches, battery, powder metal parts, precision casting parts, saw blades,etc. Now Weida Group is the largest precision fixture products base in the world, China key CNC machine products base and the National Intelligent Manufacturing Pilot Demonstration Project Enterprise. Main industry products quality level are reached or near the international advanced level, forming a group of international famous brands with independent intellectual property rights. Shandong Weida was established in 1998,and it is Weida Groups core factory,it is the largest drill chuck manufacturer in the world.Drill chuck products include key-type, keyless-type, keyless with lock function and keyless self-tightening with the more than 300pcs varieties. The companys products are well sold in domestic more than 28 provinces and autonomous regions and more than 80 counries and regions worldwide.With current over 42% international market share and over 60% domestic market share.In January 2017, the company was listed as the first batch of national single champion demonstration enterprises in manufacturing industry.