1988
Established Wujin Needle Bearing Plant
1994
Successfully developed and mass produce the one way clutch for motorcycle
1995
Imported vertical broaching machine
1998
Changed the name to Jiangsu Nanfang Bearing Co.,Ltd.
1999
Successfully developed and mass produced the needle bearing for automobile starter motor
2001
Relocated the factory to Wujin High-Tech Industry North Zone
Import a transfer press machine
2002
Successfully developed and mass produced the one way clutch for aircraft rotors.
2003
Successfully developed and mass produced needle bearing for automobile steering device
2004
Identified the Key High-Tech Enterprise by the Ministry of Science Technology of China
2006
Successfully developed and mass produced inner race and outer race for automobile torque converter,Successfully developed and mass produced sleeve for automobile transmission oil pump
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
Successfully developed and mass produced Overrunning Alternator Pulley (OAP) with independent intellectual property rights
2011
Listed on the Shenzhen Stock Exchange and became the first listed enterprise producing needle bearings in China
2012
Successfully developed and mass produced the needle bearing for automobile throttle valve
2013
Successfully developed and mass produced the thrust bearing for automobile EPB system
2014
Successfully developed and mass produced 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
Successfully developed the progressive die tamping machine and tooling with intellectual property rights in China.
2016
Successfully developed and mass produced the Pump Piston for automobile ESC system
2018
Successfully developed and mass produced the thrust bearing for automobile torque converter
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
Successfully 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.