Shandong Yatai Medical Devices Co., Ltd. was established on July 5, 2013, and is a Sino-Korean joint venture. The registered capital is 65 million yuan. The enterprise is located in the Economic Development Zone of Lanling County, Linyi City. It is one of the larger and earlier manufacturers of acupuncture needles in the same industry in China.

The company covers an area of 26,644 square meters and has a planned construction area of 32,654 square meters. Among them, the first-phase purification production workshop covers an area of 7,869 square meters. It was planned and constructed in 2018 and put into use in 2019. The second-phase purification workshop covers an area of 7,966 square meters and has been put into use. The third-phase company office building, the traditional Chinese medicine experience and acupuncture needle culture exhibition hall, covering a total area of approximately 5,000 square meters, is currently under planning.