1988
Established Wujin Needle Bearing Plant
1994
First successful development of the one way clutch for motorcycle in China
1995
Imported vertical broaching machine
1998
Changed the name to Jiangsu Nanfang Bearing Co.,Ltd.
1999
First successful development of the needle bearing for automobile starter in China
2001
Relocated the factory to Wujin High-Tech Industry North Zone
Import a transfer press machine
2002
First successfully development the one way clutch for aircraft rotors.
2003
First successfully development of needle bearing for automobile steering device in China
2004
Identified the Key High-Tech Enterprise by the Ministry of Science Technology of China
2006
First successfully development of inner race and outer race for automobile torque converter in China
First successfully development of sleeve for automobile transmission oil pump in China
2007
Became the first company in China to successfully develop “O” type welding cage forming equipment and related technology as well as owns independent intellectual property right.
2008
First successfully development of Needle Bearing Assembly Heat Treatment process for drawn cup needle bearing in China
2009
Established the Jiangsu High Precision Bearing Technology Research Center approved by Jiangsu Science and Technology Department
2010
Relocated factory to Wujin National High-Tech Industry Zone
Developed the OAP for automobile alternator
2011
Listed on the Shenzhen Stock Exchange and became the first listed enterprise producing needle bearings in China
2012
First successfully development of the needle bearing for automobile throttle body in China
2013
First successfully development of the thrust bearing for automobile EPB system
2014
Developed the precision bearing for RV reducer of industrial robot
Established The Enterprise Technology Center approved by Jiangsu Development and Reform Commission
2015
Established Nanfang Bearing (Germany) GmbH in Germany
Developed the Progressive die tamping machine and tooling which own relevant intellectual property rights.
2016
Developed the Pump Piston for automobile ESC system
2018
First successfully development of the thrust bearing for automobile torque converter in China
Established the Business Office in India
Established the National Postdoctoral Workstation
2020
Invested Pan Asian Microvent Tech (Jiangsu) Corporation and IPO successfully
Acquired Shanghai ZCAN Microelectronics Technology Co., Ltd. and start working for semiconductor industry.
2021
Approved by “The National Specialized and Special New Little Giant”Enterprise
Developed the Ball screw for new energy vehicles
2022
Changed the name to Jiangsu Nanfang Precision Co., Ltd.
Established Jiangsu Nanfang Changsheng Amperex Technology Co., Ltd. and start working for new energy vehicle electric compressor industry.