Shaanxi Hande Axle Co., Ltd. (hereinafter referred to as "Hande Axle") was established in 2003, jointly invested and formed by Weichai Power and Shaanxi Automobile Group. The company has always been committed to customer satisfaction and strives to become a world-class provider of a full range of wheeled vehicle axle systems. Hande Axle is a large high-tech enterprise that integrates research and development, manufacturing, sales, and service. It has established four major production bases in Xi'an, Baoji, Zhuzhou, and Tongchuan, with a total factory area of 988 acres and a factory area of 477 acres (318000 square meters). It has an annual production capacity of 1.5 million pieces of various bridge assemblies and an annual output value of over 13 billion yuan. It has two wholly-owned subsidiaries, Hande Axle (Zhuzhou) Gear Co., Ltd. and Shaanxi Jinding Casting Co., Ltd., with a total of more than 5200 employees, including 4100 Hande Axle employees and a research and development technology team of more than 1000 people.