In the 1980s, China was still in the period of planned economy and was facing a wave of reform and opening up. The Jiangsu and Zhejiang regions implemented the Jiangnan model, and enterprises in various regions faced the impact of market economy. The fierce competitive environment required enterprises to reform and innovate.

In 1988, when the company was founded, it was still a rural collective enterprise. Several founders and Shanghai Bearing Research Institute jointly established Wuxi Second Bearing Factory (named Second Bearing because it was during the planned economy period and there was already a Wuxi Bearing Factory). In 1990, the company was restructured and Mr. Yang Jin, the current chairman, served as the legal representative of the company. It was renamed Wuxi No.2 Bearing Co., Ltd. with the registered trademark "XEZ", Naming second is characterized by Chinese humility, while also constantly implying that we sit and look at each other, always striving for the best products and services.