Qingdao Jowon Mechanical and Electrical Co., Ltd. was found in 2003. The total investments of the company have been 400 million RMB and the capacities per year have reached 20,000tons of casting products. There are more than 500 equipments and instruments, for example, automatic molding line from Japan, CNCS from Taiwan, mould carving machine, optical spectrum analyzers and 3D tester and so on. The company mainly produces brake drums, axle wheel hubs, brake disc and bearer and other automobile components.