Shandong Hongyu Agricultural Machinery Inc,is located in the "blue and yellow economic superposition area" Laizhou Shandong, the first to develop, with great geographical advantages. The company now has become a leading enterprise in China which integrates researching and developing, manufacturing, sales and service, specialized in production of agricultural machinery (tractor lifting device). On 2nd August 2017 Shandong Hongyu Agricultural Machinery Inc. successfully landed on A-share capital market in the Shenzhen Stock Exchange small plate, the stock referred as "Hongyu shares", the stock code is 002890.This not only marks the birth of China's first listed company of agricultural machinery parts and components, but also the sixth listed agricultural machinery company in China, the 46th listed company in Yantai City. Modern factory layout and first-class manufacturing ability not only is the strong safeguard of future grand strategy but also a strong foundation for a famous brand. Hongyu Company covers an area of 155127 square meters; all kinds of processing and testing equipment more than 1,600 sets; Existing staff more than 600, junior, middle and senior professional technical staff more than 200. Senior engineers and senior accountants more than 10, middle technicians more than 30, senior technicians more than 90; Hongyu Company annually manufactures 300,000 sets of various types of hydraulic lifter, 500,000 sets of hydraulic cylinders, and more than 50 million sets of distribution valve. The company has the comprehensive management ability of annual sales 500 million RMB, total profits and taxes 110 million RMB, which is the key enterprise in Laizhou City. Hongyu Company develops and manufactures hydraulic lifter, which repeatedly won the Shandong Provincial Science and Technology Progress Award and the state-level new product award; the company's technical center is Yantai City Engineering Technology Research Center, Shando