Shandong Hengfeng Financial Leasing Co., Ltd. was established in October 2012, with a registered capital of $ 40 million. It is a Sino-foreign joint venture Financial Leasing company co-founded by Shandong Hengfeng Rubber & Plastic Co., Ltd. and Yongfu Development Co., Ltd. registered in the British Virgin Islands, which was approved by the Department of Commerce of Shandong. The company is based in Shandong, and oriented to the entire country. With “integrity, cooperation and win-win situation” as the tenet, the company is mainly engaged in the Financial Leasing for all types of production equipment, telecommunication equipment, rubber machinery, construction machinery, transportation machinery and other equipment. It is a strong emerging enterprise in the financial leasing industry in Shandong.

The parent company, Shandong Hengfeng Rubber & Plastic Co., Ltd., is located in Dongying, a central city on shore of the Bohai Sea and in the Yellow River Delta Blue Ecological Economic Zone, enjoying advantageous location and convenient transportation. The company was established in 1995, covering an area of about 1.6 million square meters, with total assets of more than 5 billion yuan, more than 6,000 employees, a large-scale TBR tire plant with a capacity of 4 million sets, a large-scale semi-steel radial tire plant with a capacity of 12 million sets, a rubber machinery plant and a thermal power plant. It is a group company integrating development, design, production and sales. The company adheres to technological innovation, having introduced international advanced manufacturing technologies and production equipment from Europe, the United States, Japan and other places based on the National Technology Center as the development platform, and established a sound quality assurance system. The company has passed the National Compulsory Product Certification (CCC) certification, the ISO9001 Quality Management System certification, the TS16949 Quality Management System certification, the quality and safety certification of the Department of Transportation (DOT) of U.S., the product safety certification of the Economic Commission for Europe (ECE), the Brazil (INMETRO) certification and the Indonesia (SNI) certification; at the same time, the company is a provincial contract abiding and trustworthy enterprise, provincial product inspection exemption unit, a provincial AAA credit enterprise, a provincial consumer satisfaction unit and A-grade tax-paying enterprise. The products of the company have a full range of specifications. With superior quality, they are sold across the country and exported to Europe, America, Africa, the Middle East, Southeast Asia and other parts of the world.