Shandong Desheng Heavy Industry Group Co., Ltd. was established on September 22, 2020 with a registered capital of 160 million yuan. The company is a private enterprise and is located at No. 1919, Maoshan Road, West Coast New District, Qingdao City, Shandong Province. Shandong Desheng heavy industry group is composed of four subsidiaries. Qingdao port Ruihua Yisheng auto parts import and Export Co., Ltd. was established on December 30, 2013, with a registered capital of 5 million yuan. Its main projects are logistics, maritime international transportation agency and international shipping agency. Qingdao Xinhui Taihe auto repair Co., Ltd. was established on October 11, 2018, with a registered capital of 10 million yuan. It is a company Qingdao Ruihua Yisheng Maixiang Food Co., Ltd. was established on April 7, 2017 with a registered capital of 17.77 million yuan. Its main business is food production and sales. It is a strategic partner with Qingdao danxiang Group Co., Ltd. and has signed a food contract with a military region Goods supply agreement. Qingdao Putaisu International Health Management Co., Ltd. was founded on June 16, 2020, committed to creating high-end fitness and beauty services.Shandong Desheng Heavy Industry Group Co., Ltd. is adjacent to Shandong Port Group (Qingdao port wharf) in the East and Haier Avenue in the West. It has superior geographical location and convenient transportation. It is specialized in the sales of import and export automobiles, port heavy industry machinery, medical equipment qualification, drug sales qualification, goods import and export, technology import and export and other business operations, with more than 300 employees, fixed assets of 160 million yuan, and customs import and export goods self declaration qualification.

Shandong Desheng Heavy Industry Group Co., Ltd. obtained the power of attorney from Xuzhou Heavy Machinery Co., Ltd. (hereinafter referred to as XCMG) on November 30, 2020. XCMG is a well-known construction machinery manufacturer in China. Shandong Desheng Heavy Industry Group Co., Ltd. is also authorized by the manufacturer of Xuzhou Xugong Port Machinery Co., Ltd. its main authorized products are: front crane, empty container stacker, heavy forklift and other port machinery.