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In July 2003, the state-owned enterprises of masteel dragon co., LTD. (maanshan slewing bearing factory) on the basis of the transformation, by more than mid-level management personnel, parts production, technology and marketing backbone established jointly formed within the ma on shan slewing bearing co., LTD. In December 2006, the ma on shan fangyuan slewing bearing co., LTD. The overall change to ma on shan fangyuan slewing bearing co., LTD. In August 2007, the company listed on the shenzhen stock exchange, securities referred to as "fangyuan bearing", stock code 002147.

Company is the largest domestic r&d, design and manufacture in a body's specialized slewing bearing manufacturer, for the industry since the first and only a listed company, and is the first formal by identifying the military radar with rotary bearing private manufacturing enterprises. Company's existing changsha fangyuan slewing bearing co., LTD

, liuyang fangyuan hydraulic co., LTD, ma on shan fangyuan power technology co., LTD., anhui ChengHuan parts co., LTD., with four subsidiary and general, precision, reshipment and fangyuan transmission machinery four division, has provincial enterprise technology center and slewing bearing in anhui province engineering research center.

Company insist from the hardware platform construction management mode, perfect technology system, improve and staff quality upgrade four aspects, to continuously promote product manufacturing system of the lean process, now has 771 sets of domestic advanced production and testing equipment, has successfully developed production of a single type, double volleyball volleyball type, cross roller type, three rows of column type, double row ball type, double rotary, waist drum, injunctions eight major categories of more than 3000 kinds of specifications of rotary bearing. Main production subsidiary of changsha fangyuan rotary bearing products; Liuyang fangyuan hydraulic main production of tower shield cylinder, pump cylinder, oil cylinder, long arm oil cylinder, oil cylinder spiral cylinder and static pressure pile of six categories of oil cylinder products; Fangyuan power technology mainly produce the turbocharger and the core parts, cast copper, cast and other products; With ChengHuan main manufacturing ring parts, forging, mechanical equipment, hydraulic equipment and machinery processing etc. Company products are widely used in construction machinery, engineering machinery, port machinery, metallurgical machinery, light industry, clean energy, wind power generation, medical CT and military industry and other fields, over the years for xugong, yuchai, sany, liugong, fukuda thunder, and other domestic famous enterprises to provide supporting products, and bulk exports the United States, Canada, Japan, Italy, Russia and southeast Asia and other countries and regions, have good market visibility and reputation.

Company is the national standards, industry standards for unit, the national torch plan key high-tech enterprises, the national labor relations harmonious enterprise, the national May Day labor diploma, innovative enterprises in anhui province, anhui province "twin" enterprises, mayor of excellent performance management prize, the ma on shan in anhui province quality prize for enterprises, the China construction machinery industry association construction machinery accessories section of the most influential brand, special contribution to the enterprise.

Company of Chinese engineering machinery industry association director unit, China construction machinery industry association, vice director of the unit, excavator accessories chapter branch standing director unit, construction crane branch governing units, and the standing director unit of China's small and medium-sized enterprise board.

Company since its inception, with "founder, satisfactory work" is the management idea, with "the relationship within the circle, loyalty, excellence" as the spiritual pursuit, in order to "care for fangyuan, care for employees" for business purposes, to "make fangyuan, brand with continuous pursuit of customers, shareholders, employees and stakeholders win-win" as the management goal, set up a collaborative work, loyalty, and pragmatic technocrat, high-quality management team, for advancing the management of the company's work, maintain the stable development of the company laid a solid foundation.