- Business
- Zhejiang JW Precision Machinery Co., Ltd. (300984.SZ) manufactures precision bearing rings for global bearing producers including Schaeffler, SKF, NSK, NTN and JTEKT; its core products encompass deep groove ball bearing rings, angular contact bearing rings, cylindrical roller bearing rings, tapered roller bearing rings, needle roller bearing rings and insulated bearing rings; the company also produces screw parts and ball screws, serving industries such as transportation, construction machinery, household appliances and metallurgy. Founded in 2011 and headquartered in Quzhou City, Zhejiang Province, China, the company operates production facilities domestically and exports to more than 20 countries across Europe, Asia, South America and North America. In recent developments, Zhejiang JW Precision Machinery advances its insulated bearing rings for frequency conversion motors in new energy vehicles, inverter air conditioners and industrial applications, with its first production line targeting two million units annually by the third quarter of 2025; new businesses including ball screws and insulated bearing rings near mass production amid a first-half 2025 net profit increase of 94% year-over-year to 25 million renminbi; the firm pursues targeted stock issuance for expansion, as announced in its 2025 prospectus draft.