Company Overview - Shandong LCM Industrial Technology Co., Ltd. was established in February 2010 and is located in the Linqing Economic Development Zone, recognized as a national high-tech enterprise [1] - The company is one of the largest and strongest in R&D capabilities within the magnetic chuck industry in China, holding 61 authorized patents for magnetic chuck products [1] - The company was listed on the Qilu Equity Exchange in 2016 and has received multiple honors, including being recognized as a specialized and innovative small and medium-sized enterprise in Shandong Province [1] Product Offerings - The company specializes in intelligent magnetic and electric equipment, including machining chucks and lifting chucks, with products such as electromagnetic chucks, permanent magnetic chucks, and demagnetizers [1] - Lifting products include electromagnetic lifting devices, permanent magnetic lifting devices, and customized magnetic chucks based on user requirements [1] - The company exports to over 40 countries and regions, with exports accounting for approximately 10% of total sales [1] Technological Advancements - The company is advancing its products towards automation, specifically targeting robotic mechanical arms with electric permanent magnetic chucks, which have replaced foreign imports and received positive feedback from users [3] - A collaboration with a research team from Shandong University has led to the development of the LCM intelligent electromagnetic lifting device, which has successfully addressed four key technologies and achieved a leading position domestically [3] - The successful development of this product has contributed to the upgrade and transformation of the lifting industry in domestic ports, terminals, and logistics parks, promoting energy conservation and low carbon emissions [3]