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Lida Holdings Limited, together with its subsidiaries, designs, manufactures, and sells air compressors, electric welding machines, and electrical tools. It offers piston, screw, and scroll air compressors used in the biotechnology, food processing, machinery manufacturing, electronic appliances, textiles and garment, home building materials, chemicals, petrochemicals, and other industries. The company provides its products under the Lida, Luowei, and Eagleland brands. It operates in China, Australia, Korea, Turkey, Germany, Thailand, Malaysia, South Africa, France, the United Kingdom, Belgium, Indonesia, and internationally. The company was founded in 1993 and is based in Grand Cayman, the Cayman Islands.