The company is a high-tech enterprise located in the Dezhou (Yucheng) National High-tech Industrial Development Zone in Shandong Province. It was listed and traded on the Shenzhen Stock Exchange GEM on March 8, 2011. In August 2020, the company completed the change of controlling rights and officially became a subsidiary of the Zhuhai Port Holding Group, embarking on a new starting point for the rapid development of Tongyu Heavy Industries Holdings by the Zhuhai Port Group. The company is mainly engaged in R&D, manufacturing and sales of functional materials such as large-scale forgings, castings, structural parts and hard alloys. The main products and services include wind power products, wind power forging spindles, casting spindles, wheels, frames, bearing seats, rotor cases, stator frames, pipe molds and other forging products, DN50mm-DN3000mm, shafts, cylinders, gear rings, hydroelectric power unit forgings (hydraulic turbine shafts, magnetic yoke, etc.), pressure vessel forgings, etc., which are widely used in electric power, shipbuilding, metallurgy, mining, cement, chemical and heavy machinery manufacturing Electric motor forgings (hydraulic turbine shafts, magnetic yoke, etc.), marine shaft forgings (drive shafts, curved arms, etc.), Pressure vessel forgings, etc. The company has won many honorary titles such as a leading enterprise in China's industrial industry, an outstanding enterprise in China's machinery industry, an environmentally friendly enterprise in Shandong Province, and an advanced energy-saving enterprise in Shandong Province. It received the first prize of the Shandong Machinery Industry Science and Technology Award, the second prize for scientific and technological innovation in the Shandong equipment manufacturing industry, and honors such as China Nuclear Power Engineering Corporation's 4A supplier and the top ten suppliers of China Nuclear Engineering Project Division 2.