Founded in 1962, it has a long history of nearly 50 years. There are more than 4000 employees, including 598 engineers and technicians, covering an area of about 480,000 square meters, with an annual output value of nearly 800 million yuan.The company has been appraised as Shandong famous brand product, China famous trademark and Shandong exemption product in the past 20 years. Jiuxin Tool Group is a medium-sized enterprise at the provincial level, and a designated manufacturer of tools export in Shandong Province. It is the vice-chairman unit of Tool Branch of China Hardware Products Association and the first president unit of Shandong Federation of Industry and Commerce Hardware Machinery and Electrical Chamber of Commerce. It is the top five enterprises of hardware tools in China. It is a national contract-abiding enterprise and a vice-chairman enterprise of provincial economic contract management association. It has been The A-level taxpayer granted by Tai'an State Tax Bureau and Local Tax Bureau in Shandong Province was designated as Shandong Machinery Tool Manufacturing Base by Shandong Government in 2010. For more than 20 years, it has been a fixed-point network supporting enterprise of FAW, FAW, CNOOC, CRC, Great Wall, Yutong Heavy Industry, Xugong, PetroChina and China Power.