VPS is a high-tech group corporation specializing in the research, production and sales of various dry vacuum pumps and vacuum pump units. It is one of the companies in the world that produce a series of dry screw vacuum pumps, and it has VPS (VPS) and HC (Hongchen) brand dry screw vacuum pumps, roots vacuum pumps, mini oil screw vacuum pumps, liquid ring vacuum pumps, and rotary vane vacuum pumps.

The company was established in 2010 and the headquartered is in Beijing, with seven wholly-owned subsidiaries. They are VPS (Shandong) Vacuum Equipment Co., Ltd., VPS (Shandong) Machinery Co., Ltd., VPS (Shandong) Vacuum Technology Co., Ltd., VPS (Jiangsu) Vacuum Equipment Co., Ltd., Shandong Weibin Technology Co., Ltd., Beijing Shengji Xing Technology Co., Ltd. and VPS (Shandong) Metallurgy Technology Co., Ltd.

The production bases of the group are VPS (Shandong) Machinery Co., Ltd., VPS (Shandong) Vacuum Technology Co., Ltd. and VPS (Shandong) Vacuum Equipment Co., Ltd.. They are located in Weihai City, Shandong Province, with a total floor area of 57,000 square meters and a building area of over 42,000 square meters. The total registered capital of the group is over 100 million yuan, and the total investment exceeds 300 million yuan. The group has more than 200 employees and an annual production and processing capacity of over 3,000 units.