Shandong Carter Power Technology Co., Ltd. is a joint-stock enterprise established by six large diesel engine enterprises in Weifang, aiming at joint service, mass production, joint procurement and cost reduction. The company is located in Weifang, Shandong, a famous cultural city with a long history. Under the beautiful Qingyun Mountain, it is adjacent to 222 provincial highway and Weiri Expressway in the west, with convenient transportation. With a registered capital of 58 million yuan, the company now has a fixed asset of 300 million yuan, an area of 200000 square meters, and a building area of 69000 square meters. The company has advanced production assembly lines, accurate detection means, advanced equipment and strong technical force, and produces 100000 sets of various diesel engines annually. Based on the idea of developing while building, the company plans to go public around 2020.