Hangzhou Huaxing Kechuang Holding Group Co., Ltd. was established in March 1995. Currently, there are Hangzhou Huaxing Bearing Co., Ltd., Hangzhou Yijia Precision Bearing Co., Ltd., Zhejiang Aiken Machinery Co., Ltd., Zhejiang Aijing Machinery Technology Co., Ltd., and Hangzhou Aibesi Bearing Co., Ltd., Huaxing Bearing Technology (Changxing) Co., Ltd. 6 companies and 2 industrial parks. The group covers a total area of ​​66,800 square meters, with a planned total construction area of ​​130,000 square meters and a built-up area of ​​70,000 square meters. Three of the six companies have passed the identification of high-tech enterprises in key areas supported by the state, and have two provincial-level high-tech R&D centers. The group's R&D center has more than 80 scientific research personnel including doctors, masters, and industry senior engineers. The R&D team is strong. It has participated in the research and development of national science and technology projects and national defense strong military projects for many times. In 2020, Yijia Precision has entered the Aerospace Science and Technology Group and AVIC Group procurement system.

The group's subsidiaries are mainly engaged in the research and development and production of various high-end precision bearings, military bearings, energy-saving and environmentally friendly electric spindles for high-end CNC machine tools, high-end equipment and parts, new energy automobile bearings, etc. The products are widely used in aerospace, ship weapons, and intelligent manufacturing. Services, medical equipment, high-end CNC machine tools, precision machinery, 3C industries and special industries.The company strictly follows the IATF16949, ISO9001 quality management system and ISO14001 environmental management system, adopts an institutionalized and scientific production management model, and continuously introduces advanced automated processing equipment and high-precision measurement and testing equipment at home and abroad to establish scale advantages, quality advantages and Management advantage.The group operates two industrial parks of Chengxi Science and Technology Innovation and Huaxing Zhengtao. Among them, Huaxing Zhengtao Cross-border E-commerce Industrial Park is the first China (Hangzhou) cross-border e-commerce comprehensive pilot zone, Yuhang Park, led by the government, and currently has settled enterprises. 88 companies, with annual sales exceeding 150 million U.S. dollars.