Shijiazhuang Hadiwei Fastener Co., Ltd. was authorized by Shanghai Hadiwei Fastener Co., Ltd., the largest fastener group company in China, to be the general distributor in the Hebei Shijiazhuang region in 2000. In 2001, it was authorized by “Pengchi Hardware Products Co., Ltd.” from Taiwan to be the general distributor of “Pengchi” brand 12.9 grade alloy steel fasteners in the Shijiazhuang region. In 2002, it was granted the general distribution rights in the Shijiazhuang region by “Dongming Industrial (Jiaxing) Co., Ltd.”, a wholly foreign-owned enterprise, and was approved to use the “THE” trademark for promotion and sales.