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How to unleash max power with a wrench in innovation?

2016/12/2 16:27:15   source:sdchina.com

  On Dec. 1, 2016, the media group of ‘Open Shandong’ Omnimedia Reporting arrived at Wendeng Maxpower Tool Group Co., Ltd (Maxpower Group) in Weihai, east China’s Shandong Province. (sdchina.com/Bi Ran)

  The president of Maxpower Group was introducing the development history of the company. (sdchina.com/Zheng Tao)

  On Dec. 1, 2016, the media group of ‘Open Shandong’Omni media Reporting arrived at Wendeng Maxpower Tool Group Co., Ltd (Maxpower Group) in Weihai, east China’s Shandong Province.

  The Maxpower Group is the biggest hardware tools manufacturer in China and mainly produces upscale hand tools, air tools, industrial blowers, environmental-protection equipment, agricultural machinery and automatic facilities, among which the output of adjustable wrench ranks first around the world.

  The journalists saw over 4,000 types of hand tools in the exhibition hall of Maxpower Group, among which over 1,000 products are self-developed. The patented products account for over 30 percent of the total production in Maxpower Group, ranking first in export for earning foreign exchange across the country.

  The development of the smart digital torque wrench equipped with WIFI function has been completed and can come into service by the end of 2016. Then Maxpower Group will break up the technical monopoly by foreign companies and be the first company producing this type of wrench in China. Maxpower Group has undertaken over 20 state-level and provincial-level projects, winning 17 technological awards and developed over 40 new patented products.

  Maxpower kept over 20 percent of market shares in 2015, achieving foreign sales of 101,262 yuan, nearly 75 percent of the total sales.

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