The company was founded in 1968. In 2003, reform and restructuring with the “conversion of status as state-owned workers” was successfully implemented, and nearly 10,000 employees completed the status conversion at once; in April 2009, a strategic restructuring was successfully carried out with the Sanhuan Group, and the actual controller of the enterprise was changed to Hubei Sanhuan Group Co., Ltd.; in 2011, the Sanhuanxiang Industrial Park, which invested 3 billion yuan and covered an area of 1,070 acres, was an automobile bearing industrial park built once by the bearing industry. It is mainly engaged in the production, scientific research, sales and related business of bearings and their components. The company's main products are automobile bearings, constant velocity universal joints, etc., and it is currently one of the major domestic production bases for automobile bearings. Company honors: National Top 100 Auto Parts Suppliers, Fangsheng Axle Excellent Supplier, National Torch Program Key High-tech Enterprise, Excellent Management Innovation Enterprise, Science and Technology Entrepreneurship Star Enterprise, etc. In 2023, the company accelerated the upgrading of intelligent manufacturing, implemented the first phase of the digital factory project using the car bearing branch as a pilot project, and won many provincial honors such as “2023 Hubei Intelligent Manufacturing Pilot Demonstration Enterprise”, “First Batch of Typical Application Scenarios for the Digital Economy in Hubei Province”, and “2023 Hubei 5G Full Connectivity Factory”. In 2023, the company was selected as a national “green factory”.
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