Laiyang Hongda New-type Commercial Concrete Co., Ltd. was established in 2004 and is a subsidiary of Shandong Hongda Construction Machinery Group Co., Ltd. It is a professional enterprise with joint venture with Taiwan and with a third-level qualification for ready-mixed commercial concrete.

The enterprise is located east of Heshan Road, north of Qilidi Village, Laiyang City. It covers an area of 50 mu and has a total investment of 10 million yuan.

The company has strong power and advanced equipment. It has two HZS120 concrete mixing plants and one HZS90  concrete mixing plant, 20 mixer trucks, 2 Isuzu 52-meter concrete pump trucks, and 3 wheel loaders. It has a complete set of equipment for experiments and tests. The annual production capacity is over 300,000 cubic meters.