Penglai Jinchuang Precision Casting Valves Industry Co., Ltd. (Penglai Jinyifeng Industry Co., Ltd.) enjoys favorable location and transport. It is located in Shandong Penglai Economic Development Zone with 206 national road beside the south, Yantai Airport and Railway Station 60km in the East, Penglai New Port 3km in the North.

Penglai Gold Group Corporation and Taiwan Jisan Shipping Machinery Co. Ltd. founded the company in 1997. The initial investment is 10 million U.S.Dollars. The product line includes precision castings, mechanical processing parts up to the annual quantity of 1,200T. The company takes 30,000sqm land in which there is 10,000sqm workshop. 350 Working staff involves 4 Senior Engineers, 1 Senior Economist, over 30 engineers. Computer application is adopted to realize information and network solution.

Many advanced equipments for precision casting production line, machining line are installed. They are disk wax mould machine, vacuum moistening slurry machine, auto mould dryer line, high frequency melting furnaces, machine center, CNC tooling machine, spectrometer, metallurgical microscope, hardness testing machine, computer material test machine, etc. Stainless steel ball valves, quick joints and pipe fittings are the main products with material CF8, CF8M.The main materials of products exported to Europe are 1.4408,1.4308,1.0619.It can also manufactures WCB, 316L, and 40Cr products. Sizes are from DN8 to DN100 for valves, DN6 to DN150 for fittings, DN15 to DN150 for quick joints. Valves are 1 piece, 2pieces and 3 pieces. Connecting can be screw, flange, welding. Standard can be Chinese national standard, ASTM, DIN, and JIS.

The company passed ISO9002 certificate in 1999 and CE certificate in 2002. It has a good reputation by internal and external customer for its good quality and good sales service. Now 70% products of JINCHUANG brand are exported. The company has opened office in Beijing, Shanghai, Dalian, Shenyang, Jinan, Wulumuqi and Yantai. The products are widely used in such industries as petrochemicals, pharmaceuticals, breweries, environmental protections, etc.