Wafangdian Bearing Group Corporation, short for ZWZ, was initially established in 1938, restructured to be a exclusively State-Owned Company in 1995 and came to B share market as the founder member in 1997. Bing the birthplace of China bearing industry, it was known as the hometown and cradle of this field. It comprehensively ranked No. 1 in China bearing industry and No. 13 in the world. It is listed in Top 500 Enterprise in China manufacture industry and also the Top 500 Power Enterprise in China machinery. The brand of ZWZ is the No. 1 bearing brand in China.

The dominant products of ZWZ are Industrial bearing、C.V.Joint and Precision Ball Screws which widely applies in railway, automobile, metallurgy, mining, general machinery, petrol, irrigation works, electric power, machine tools, chemical industry, IT, industrial robot, aviation, spaceflight, etc，and are sold to more than ten thousands of domestic customers and more than 80 countries and areas.

ZWZ owns the state-level Technical Center and the largest Testing Center with wide functions and advanced means. It has a CNAL accreditation and owns more than 100 China patents invented by the bearing experts and disciplines leader in various field. It also has the independent intellectual property rights of 13500 types of bearing and C.V.Joint, share 26% types of the general bearing in the whole world, and most of them reach an international level. The new products developed each year are more than 600, accounting for 65% in the bearing industry.

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