Zhejiang Changsheng Sliding Bearing Co., Ltd. was established in June 1995, and was reorganized as a joint stock company in September 2011. It was successfully listed on the Shenzhen Stock Exchange in November 2017 with a registered capital of 198 million yuan. It has three holding subsidiaries, covering 17.4 hectares of land, a construction area of 145,000, and more than 700 employees. According to authoritative statistics, the company's operating income, total assets and other major operating indicators in 2013-2016 above the scale of self-lubricating bearing industry enterprises ranked first for four consecutive years。

The company is a high-tech enterprise specializing in R & D, production and sale of self-lubricating bearings. The main products are bimetal self-lubricating bearings, metal-plastic self-lubricating bearings, metal-based self-lubricating bearings, plastic self-lubricating bearings, of which about 50% are exported to more than 30 countries and regions, such as Europe and the United States, Japan, mainly used in automobiles, construction machinery, agricultural machinery, construction machinery, light industrial machinery and aerospace, military, high-speed. Self-lubricating bearings have become one of the sub-industries of bearing industry in the fields of train, large-scale construction machinery, high-speed and high-precision CNC machine tools and so on.

The company has provincial-level research institutes and provincial innovation teams with strong independent innovation capability. At present, 43 patents have been granted, including 4 international invention patents and 15 domestic invention patents. The company has been awarded the national high-tech enterprises, Zhejiang innovative demonstration enterprises, Zhejiang patent demonstration enterprises, Jiashan high polymer materials provincial high-tech characteristic industry base backbone enterprises.

The company is the first Secretariat unit of the self-lubricating bearing Sub-Committee of the National Technical Committee for Sliding Bearing Standardization, and one of the main formulators of the industry standards. Presided over or participated in the formulation of 25 national and industrial standards, 17 of which have been released. Many products of the company have been assessed as national key new products and national Torch Program projects. In the past ten years, many provincial-level new products have been checked and accepted every year.