Shandong Hicredit Heavy Machinery Co., Ltd, which has more than 500 employees and 100 engineers, is a private enterprise and is specialized in manufacturing paper machinery with relative automatic control system. It is the managing director of Chinese Association for Light Industry Machinery and vice chairman of Shandong Association for Light Industry Machinery. The company has complete Technical design center and specifical design team with 50 technicians for different paper machinery and it cooperates with domestic and foreign experts and famous university in many aspects. The Hicredit Europe Technical Center is established in 2012 focusing on the research on new technology and process of paper-making machinery and forms research and development system with independent intellectual property rights as its core.