Shandong Luoxiang Automobile Manufacturing Co., Ltd. is located in Mengyin Economic Development Zone and was registered and established in 2011. It covers an area of over 1100 acres and has a high standard production workshop of 200000 square meters. Currently, it has more than 3000 employees. The company has been committed to the research and development, production, and sales of semi trailers for a long time, with products covering the country and exported overseas.

The company is a member unit of the China Association for Automotive Standardization, a pilot enterprise for national industrial brand construction, a provincial demonstration enterprise for innovation and transformation of small and medium-sized enterprises, a provincial gazelle enterprise, a national high-tech enterprise, a provincial "hidden champion" enterprise for small and medium-sized enterprises, a provincial high-end brand cultivation enterprise, a provincial technological innovation demonstration enterprise, and a recognized enterprise technology center in Shandong Province. It was listed as a "Good Shandong" brand in 2022.

In 2016, a new trailer "robot welding production line" was added, in 2017, a new "electrophoresis coating production line" was added, in 2019, a new national standard "axle automation production line" was added, as well as a new national standard "disc brake automation production line". In 2020, a new trailer "intelligent assembly production line" was added, and for six consecutive years, the production and sales of a single factory led the way.

Since its establishment, Luoxiang Automobile has been guided by the core values of "customer first, unity, struggle, and loyalty" and adheres to the development principle of "technology as the guide, innovation as the driving force, and quality as the market". It has always regarded innovation as the driving force for enterprise development and continuously accelerated the pace of technological innovation. It has now established research platforms such as Luoxiang Automobile Research Institute, Shanghai R&D Center, Jinan R&D Center, and postdoctoral workstation, There are currently over 180 R&D personnel, over 8000 square meters of R&D buildings, over 1000 sets of R&D equipment, and more than 200 nationally authorized patents, which have leading technological advantages in the industry.

The enterprise has long-term cooperation with more than 10 higher education institutions and research units such as Tsinghua University, Tongji University, Shandong University of Technology, and Shandong Machinery Design and Research Institute, focusing on the application of new materials, new technologies, and new processes, optimizing and improving multiple key parts of trailers, and independently developing more than 30 new products such as compressed garbage transport vehicles, self dumping semi trailers, warehouse gate transport specialized vehicles, and gooseneck container transport vehicles.

While carrying out research and development of lightweight and practical products, relying on scientific research platforms such as Luoxiang Automobile Research Institute, Research and Development Center, and "Postdoctoral Research Workstation", we accelerated the research on intelligent operation of special purpose vehicles. The research project of hybrid semi-trailer has achieved phased results, achieved information-based management, intelligent manufacturing, Digital transformation, and led the industry development.