Shandong Lihui Heavy Industry Co., Ltd. was founded in 1997 and officially registered in 2004. It is a high-tech enterprise in Shandong Province and a star enterprise with Chinese patents in Shandong. The "High speed CNC Vertical Pulling Machine Tool" project undertaken has received support from the National Science and Technology Innovation Fund for Small and Medium sized Enterprises, and the "YL6120B Digital Variable Frequency Horizontal Pulling Machine" project has been selected as one of the second batch of innovation fund projects in 2011. Hydraulic lathe, horizontal lathe, CNC lathe, and "high-speed CNC vertical lathe series products" have been included in the action plan of the Ministry of Science and Technology for serving enterprises.