Shandong Lepad Spring Co., Ltd. is a Sino-Australian joint venture company located in Luanchuan Economic Development Zone in 2007. It is a modern production and trade enterprise integrating design, research and development, manufacturing, product export and trade of auto parts. Completed and put into production at the end of 2008. In November 2008, when the company was completed and put into operation, it coincided with the outbreak of the global financial crisis. In the face of the crisis, the company called on all employees to take active actions to strengthen their confidence and respond positively. With the successive introduction of various national infrastructure construction projects and automobile industry revitalization plans, the market demand for heavy-duty vehicles has grown rapidly, making it the leading supplier of heavy-duty trucks for the company's main supporting sales customers - China National Heavy Duty Truck Group At the beginning of this year, the Group has rapidly increased its production plans to the highest level. It is precisely because of the strong internal strength of the company during the early stages of its development. The company has become a leader in the industry, both in terms of production capacity and product quality, and it is capable of providing production for the CNHTC Group. Reliable protection, so in the face of surging market demand, other automotive spring manufacturers have no way to deal with, Lepad company stand out from many competitors, smoothly Sinotruck Group nearly 200 million procurement plan into the bag . At the same time, with its own strength, the company also received the qualification for supplying heavy military vehicles with the highest technical requirements. From January to May of this year, the company completed a sales income of 48 million yuan and a profit tax of 5.2 million yuan. Also this year, two new supporting sales customers, CNHTC Jinan Special Vehicle Co., Ltd. and China National Heavy Duty Truck Group Jining Commercial Vehicle Co., Ltd., were newly developed. The market share has increased from the previous 20% to 30%. At present, the company is actively expanding its production scale. The second production line with an investment of 30 million yuan has been completed and put into production. The second phase of the project is planned to start in 2010. After the project is completed, it will reach an annual output of 50,000 tons of automobile leaf springs and 10 million engine valve springs. The scale of 10 million suspension springs is among the highest in the industry in the country.