The company adheres to the road of innovation and development, and has taken measures such as close alliance with Harbin Institute of Technology and other famous domestic colleges and universities, and hiring famous machine tool manufacturing experts at home and abroad, to increase the development of new products and enhance the competitiveness of the enterprise. The company has successfully developed open 5-axis linkage CNC system, nano-scale CNC drilling and milling machine with international advanced level, magneto-electric rotary encoder and other high-tech products, series of vertical machining centers and horizontal machining centers, series of CNC gantry machining centers and CNC gantry milling machines and CNC gantry rail grinding machine products, series of bed-type CNC milling machine, large-size surface grinder and cylindrical grinder. HD-500 five-axis linkage CNC system software has obtained the "computer software copyright registration certificate", becoming the only machine tool enterprise in China that owns completely independent intellectual property rights of the CNC system. The CNC system passed the appraisal organized by Shandong Provincial Science and Technology Department, which is the leading level in China, and won the First Prize of Science and Technology of Weihai City in 2004. 6 new products passed the appraisal organized by Shandong Provincial Science and Technology Department in 2005, among which, 3 products, including VS2090 Vertical Machining Center, CPN2025C Constant Beam Gantry Machining Center and SGN2035A Constant Beam CNC Gantry Guideway Grinder, have reached the leading level in China. have reached the domestic leading level.
In February 2006, the company won the bidding of Beijing-Tianjin Intercity Railway Project of China Railway Six Bureau of the Ministry of Railways and successfully contracted a large-scale CNC grinder for Bogie boards, which broke the long-term monopoly of the manufacturing powerhouse, German companies, in this field, and made an important contribution to the domestication of the key equipment for the intercity railway project in China, realizing that the machine tool has 14 axes of CNC control, any four-axis linkage, milling and grinding composite, It realized the advanced technology of CNC 14-axis, arbitrary four-axis linkage, milling and grinding compound, non-contact automatic measurement, etc. It became the first machine tool in China and the second one in the world, and fought for the glory of China's machine tool enterprises. The company and a South Korean company on CNC machine tools to reach agreement on cooperation matters, and signed a technical cooperation agreement, the two sides will also sign a long-term supply contract, the company's CNC machine tools products successfully entered the Korean market.
In January 2009, the company and Germany Heath Shoeming Co., Ltd. joint venture Weihai Huadong Heavy Industry Co., Ltd. registered capital of 15 million U.S. dollars, of which Huadong CNC accounted for 75%, Heath Shoeming accounted for 25%. Ltd. with a registered capital of 15 million US dollars, of which Huadong CNC accounts for 75% and Heath Shoeming 25%. The company cooperates in the design and manufacture of large-scale precision machine tools and the processing of power generation equipment parts. The company covers a total area of 330,000 square meters, plans to build new plants and ancillary facilities 200,000 square meters. The project is to be implemented in two phases, the first phase of the new plant and ancillary facilities of 50,000 square meters, the maximum lifting capacity of the plant 500 tons, the highest plant 35.8 meters, with double-deck cranes. All projects are expected to be completed by the end of 2010.