The company has a registered capital of 11.3 million us dollars, which covers an area of 200,000 M2 with a building area of 110,000 M2 and employs more than 1,700 staff. This modern factory is equipped with complete processes including mould developing, stamping, die-casting, plastic-injecting, powder-coating and electroplating.

　In April of 2012, approved by Ministry of Commerce, Shandong Guoqiang Hardware was acquired by ASSA ABLOY GROUP which is the largest global supplier of intelligent locks and security solutions. Since its formation in 1994, ASSA ABLOY has grown from a regional company into an international group with around 43,000 employees, sales of about SEK 47 billion and own operations in over 70 countries. Its products account for more than one in ten of all lock and security installations worldwide.

　Shandong Guoqiang Hardware has passed the certifications of ISO9001-2000\ISO14001:2400, TS16949:2009 and CE as well as many patents.  The brand GQ was awarded “National Famous Trademark” and has kept continuous 7 years of “Topmost Sales Volume in China”. Now the products are not only popular in domestic market, but are also sold well to more than 40 countries from Europe, America, Asia and Africa.