Shandong Rizhao Luda Mining Industrial Group Company was set up on the basis of Rizhao Asbestos Ore built in 1958 to exploit snake line stone,to adopt and select asbestos,to process asbestos deeply and utilize the products synthetically.It is a state-run(1st)type enterprise.

Group company is a closing type enterprise divided into more than 10 of factories with legalized qualifications,such as Rizhao asbestos Ore,rizhao leixin mining resource co.,ltd,Rizhao Luda Automobile Fittings Co.,Ltd.,Rizhao Luda Mining Group Airtight Materials Factory,Rizhao Jinyuan Photoelectric General Corporation,Rizhao Zhaorun Industrial Corporation,Rizhao Xinxing Maintenance of Automobile Factory,etc. It covers 260,000m2 and has fixed assets over 60,000,000 yuan and 590 stuffs and 65,000,000 yuan of annual industrial output value.The sales income of products is 60,000,000 yuan.The profits fax is 8,500,000 yuan.

Its main productions are asbestos and asbestos products,dashboard,senior cylinder spacers,snake line stone powder,(high,middle-and-low-grade)asbestos rubber board,oil- resisting asbestos rubber board,etc.Among them,the senior cylinder spacers and asbestos rubber board products find a good sale in the countries and regions,such as Pakistan,Thailand,Iran,Japan,Hong Kong,etc.The senior line stone powder at high quality is used for iron-smelting and sell to Shanghai Baoshan Iron and Steel Plant and exported to Taiwan and Japan,etc.