The company, formerly known as Zhejiang Wuzhou Lunar New Year Group Co., Ltd., was jointly invested and established by Zhang Feng and Zhang Tianzhong. After experiencing a secondary equity change, Zhejiang Wuzhou Xinchun Group Co., Ltd. was completely changed to a limited company company using September 30, 2012 as the benchmark date, and registered with the Shaoxing Administration for Industry and Commerce on December 27, 2012. It currently holds a business license with a unified social credit code of 91330600704507918P. The company's shares were listed and traded on the Shanghai Stock Exchange on October 25, 2016. The company's main business is the R&D, production and sales of bearings, precision mechanical parts, automotive safety systems, and thermal management system components, providing industry-leading solutions and efficient guarantees for related host customers. The company produces all kinds of precision deep groove ball bearings, tapered roller bearings, needle roller bearings and self-aligning roller bearings. Corporate honors: National Torch Plan, Awarded Outstanding Management Innovation Enterprise in China's Bearing Industry during the “11th Five-Year Plan” period, Bearing Process Equipment Manufacturer, 3rd National Bearing Industry Management Advanced Enterprise, etc.
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