Qilute Steel Co., Ltd.  is a large-scale high-quality special steel and forgings manufacturer with self-support import and export rights. It is currently one of the main high-alloy steel forgings, forgings, rolls, billets, fan shafts; one of the 1-50 tons of steel ingots and electroslag remelting ingots. The company has now developed into a backbone enterprise of supporting services for military, locomotive, machinery, mold, automobile, shipbuilding, chemical and other industries in China. The number of employees is 3,000, including 480 high- and mid-level engineers. Covering an area of 460,000 square meters, construction area of 200,000 square meters, fixed assets of 1.2 billion yuan, annual production of special steel forging capacity of 600,000 tons, has an annual output value of 10 billion yuan. The products sell well all over the country and are exported to 20 countries including the United States, Britain, Germany, France, Italy, Spain, Russia, Australia, Turkey, Egypt, South Korea, Japan and Southeast Asia. The company has been rated as a national large-scale enterprise, a leader in China's industrial industry, a high-tech enterprise in Shandong Province, and a AAA credit enterprise in Shandong Province.