1948
Founding Era
Born

Predecessor 'Anyang Machine Tool Factory' is established, laying an industrial foundation.
1997
Group Restructuring
Group
Restructured into 'Anyang Machine Tool Group', moving toward a modern corporate system.
2002
Birth of "Xinsheng"
Xinsheng

Founded by employees, operating on an 'asset-light' model as a new entity.
2002
Complete Takeover
Complete Takeover
Acquired the original group, completing the privatization from state-owned to private.
2008
Joint-Stock Upgrade
Joint-Stock Upgrade

Converted to a joint-stock company with capital of RMB 132M, targeting capital markets.
2014
Capital Operation
Capital Operation
First private placement brings in new investors, increasing capital to RMB 135.5M.