Wudi Xinhe Leather Industry Co., Ltd. was established in February 2009 with a registered capital of 50 million yuan, occupying an area of 155,000 square meters and a construction area of 96,000 square meters. The total investment is 298 million yuan, with 400 employees. The company has an annual production and processing capacity of 40 million square feet of cattle (sheep) leather, achieving annual sales revenue of 250 million yuan and profit and tax of 35 million yuan. It conforms to national industrial policies and boasts advanced management and development concepts. In August 2017, it passed the ISO9000 quality system certification. Meanwhile, the company has the qualification to process and store 1.8 million imported animal skins per year, enjoying favorable conditions for import and export trade and broad development prospects.

Shandong Mingsheng Gelatin Co., Ltd. was established in May 2020, focusing on the deep processing of industrial gelatin using raw materials such as cowhide, sheepskin, and wet blue leather. It occupies an area of 60 acres with a total investment of 176.13 million yuan. The annual output reaches 6,000 tons, with annual sales of 150 million yuan and profit and tax of 75 million yuan.