LAIZHOU HUAYUAN AUTOMOBILE FITTING CO., LTD., a Sino-foreign joint venture, specializes in producing auto brake discs and brake drums. The company, with a history of more than 20 years, integrates design, casting, machining, and manufacturing of machinery. At present, it has two 0.5-ton electric furnaces, one 0.75-ton electric furnace, ten advanced CNC production lines and advanced inspection means. Moreover, it has more than 170 people, an annual productivity of more than 0.9 million pieces of products, a floor area of more than 50 mu, and European and American brake discs and brake drums of more than 1, 500 varieties. The company boats its large export volume and high product quality.