Luoyang Qinhan Precision was founded in 1992 with a registered capital of 44 million yuan and covers an area of 50 acres. It is a national high-tech enterprise integrating precision forging, cold and warm extrusion, and precision machining. Listed on the National Equities Exchange and Quotations (NEEQ) in January 2016 with the stock code 835448, it is a national-level specialized, refined, unique, and innovative enterprise, Henan Provincial Metal Near-Net-Shape Engineering Technology Research Center, Henan Provincial Science and Technology Little Giant Cultivation Enterprise, Henan Provincial Science and Technology Small and Medium-sized Enterprise, and Luoyang City Intellectual Property Strong Enterprise.

The company primarily specializes in precision cold and warm extrusion and forging. Currently, it boasts 27 sets of forging equipment ranging from 20 tons to 1250 tons, over 50 CNC lathes, more than 60 machining centers including turning and milling combined, three-axis, and four-axis units, and dozens of other drilling, milling, grinding, polishing, and heating equipment. Additionally, the company possesses dozens of inspection and testing devices such as coordinate measuring machines, film thickness gauges, Brinell hardness testers, ultrasonic flaw detectors, and metallographic microscopes.

The company holds 11 patents for precision molding inventions and 22 patents for utility models. It employs 2 full professors, 3 senior technical engineers, and 10 engineers.