Zhengyu Group was established in June 2004, located in the Yellow River delta - Guangrao county, Dongying city, covers an area of 470000 square meters, is an enterprise in the wheel manufacturing and integrating independent research and development, design, manufacture, sales and international trade. The group has several subordinate companies including two large manufacturing enterprises of Shandong Zhengyu Wheel Group Co., Ltd, Shandong Zhengyu Aluminum Industry Co., Ltd, and Shandong tyrewheel import&export trading Co., Ltd, Shandong donglv magnesium aluminum technology Co., Ltd, Zhengyu Energy Co., Ltd.
In 2012, the group launched the annual output of 3 million pieces of high-end aluminum magnesium alloy new material wheel project in Guangrao economic development zone, which marks the company achieving the full digitization, automation, manpower saving and low carbonization in the production process, and leads the manufacturing of world high-end aluminum magnesium alloy wheel, accelerated the upgrading of car wheel.
At present, except providing the professional supporting for the domestic numerous well-known automobile manufacturers, Zhengyu wheel are also exported to Europe and United States, Japan, Korea,southeast Asia,Middle East, Africa and other countries and regions. The company has "Dunchi", "Donglun","Jinbozhengyu” "Zhengyujinduan", “ZERONEAL”and several other famous brands.