Shandong Huacheng Group was formerly the state-owned enterprise Shandong Boshan Forging Factory established in 1956. It was once a designated production unit of the Ministry of Machinery Industry. It was reorganized in 2004 and has now developed into a water collecting ring vacuum pump, precision reducer, slurry pump, and desulfurization. An enterprise group integrating research, development, production and sales of pumps, engine connecting rods and other equipment products. The company is a national contract-abiding and credit-oriented enterprise, and a demonstration enterprise for the progress of China's machinery industry management. The company is composed of Zibo Water Ring Vacuum Pump Factory Co., Ltd., Zibo Huacheng Pump Industry Co., Ltd., Zibo Boshan Huacheng Forging Co., Ltd., Shandong Huacheng Zhongde Transmission Equipment Co., Ltd., and Zibo Huacheng Import and Export Co., Ltd., with Shandong Provincial Fluid Mechanical Engineering Technology Research Center and Provincial Enterprise Technology Center.

The company has developed and manufactured precision reducer products, introduced German technology and talents, and introduced international brands of German Hofler CNC gear mill, American Gleason spiral bevel gear mill, Austria Aixin heat treatment production line, Germany Klin Advanced equipment such as Berg gear testing center, Mitsubishi machining center in Japan, Parmesan machining center in Italy. The company has successfully developed three series of reducers with thousands of specifications in M, HB and KPL. The products have all passed the expert appraisal of Shandong Provincial Department of Science and Technology, reaching the international advanced level and representing China's world level to participate in international competition.

Huacheng Group takes it as its mission to revitalize the national equipment manufacturing industry, develops and produces international vacuum equipment and world transmission equipment, replaces imported products step by step, and wins national dignity in the competition for international equipment manufacturing.