About Us

Fobit Precision Technology Co., Ltd.

Fobit Precision Technology Co., Ltd. is an exclusive product sales company authorized by Weihai Dawang Machinery Technology Co., Ltd. Weihai Dawang Machinery Technology Co., Ltd. was established in 2007 and located in Weihai, a beautiful coastal city. Since July 2010, the company has been focusing on the R&D, design and production of high-end drill chucks. In the past 10 years, the company has developed the self-tightening drill chucks with gear transmission structure, strong clamping force, while working without slipping during work, manual clamping quickly, and easy release of drill tools. It broke the traditional structure of the drill chucks industry for more than 120 years, filled seven industry gaps, and obtained invention patents in China, the United States, EU, Japan, Russia and other countries and regions. Dawang company is recognized as a high-tech enterprise by the government.

In order to ensure product quality, Dawang Company has successively introduced more than 30 sets of advanced CNC machining equipment and precise testing equipment from international well-known companies such as Hardinge Inc. (USA) and Tsugami Company (Japan). The company has strong technical force and an efficient and professional technical management team. There are 8 professional technical engineers with intermediate and senior professional titles, who can provide technical support for the users at any time. The company has a perfect and scientific management system, and all production is managed by ERP system, and the quality is stable. In 2021, the company got the ISO9001 Quality System Certification.

Since the establishment, the company has been pursuing honest management, and has invested more in R&D continuously and paid attention to the production of high-quality, refined and new cost-effective products that are urgently needed in the market, so that to reduce the cost of customers directly and provide support to customers. At the same time, the company has been improving the working efficiency of products and expanding the processing range of product, and helping customers to get more profits. Whether it is product performance or customer service, customer satisfaction is the goal of the company for ever. Strive to become a well-known enterprise in the drill chucks industry within 5 years and a leading enterprise in the industry within 10 years. Fodbits is your choice, trust and satisfaction!