- CEO
- Zong Cheng Jiang
- Full Time Employees
- 1,142
- Sector
- Producer manufacturing
- Industry
- Metal fabrication
- Address
- No. 9 Longxiang Road Changzhou JS China 213164
- IPO Date
- Feb 25, 2011
- Business
- Jiangsu NanFang Precision Co., Ltd. (002553.SZ) engages primarily in the research, development, manufacturing, and sale of precision bearings and related components for automotive, motorcycle, industrial, and new energy applications. The company produces needle roller bearings for use in automobiles, motorcycles, engineering machinery, garden equipment, agricultural machinery, printing and food packaging machinery, textile machinery, mining equipment, robot reducers, power tools, and industrial valves; one-way clutches, including cylindrical and wedge types, applied in motorcycle engines, new energy vehicle transmissions, construction machinery, agricultural and mining equipment, and packaging and printing systems; overrunning alternator pulleys (OAP) to mitigate engine speed fluctuations in automotive alternators, enhancing belt life and NVH performance; and precision machined parts such as automotive torque converter inner and outer races, transmission oil pump sleeves and blade rings, brake system ball screws, electro-hydraulic brake (EHB) three-way valves, automatic parking braking (EPB) pistons, electronic stability controller (ESC) tappets and pump pistons, internal spline rings, outer gear rings, ferrules, leaf rings, and various pins. Founded in 1988 and headquartered in Changzhou, Jiangsu Province, China, the company operates principally in China with products supplied internationally to Fortune 500 enterprises and major firms in automotive, industrial transmission, aviation, machine tools, and robotics sectors; it listed on the Shenzhen Stock Exchange in 2011 as the first in the needle roller bearing industry and holds certifications including IATF16949, ISO14001, and ISO45001. Recent developments include recognition as a national-level "specialized and innovative" small giant enterprise in 2022, approval as the Jiangsu High Precision Bearing Technology Research Center, development of ball screws for new energy vehicles, and participation in 2025 trade shows such as CeMAT ASIA, the China International Industry Fair (CIIF), and Hannover Messe, alongside third-quarter 2025 earnings showing EPS of CNY0.39, up from CNY0.14 in 2024.