Fangyuan Group is located at Haiyang city of Jiaodong peninsula, surrounded by the open coastal cities like Qingdao, Yantai and Weihai. The Group has 26 subsidiaries, including Construction Machinery Co., Ltd., Hoisting Machinery Co., Ltd., Transport Machinery Co., Ltd., Building Materials Machinery Co., Ltd., etc. The Group has set up 3 wholly-owned manufacturing enterprises in Beijing, Shenyang and Shanghai, and a provincial technical center. With an employee team of 3,600 persons, an area of 1.8 million m2 and the floor area of 900,000 m2, the Group has set up the overall business frame in multiple industries, i.e. the 3 predominant industries like building and construction machinery industry, wine industry, and oil and food processing industry, and the auxiliary business like hotel services and transport.