Third Shanghai Machine Tool Plant and Shanghai Machine Tool Plant fourth, respectively, founded in 1944 and 1926, respectively, of its predecessor Haiya in the Iron Works and Shanghai Heng new machine plant.
Shanghai Machine Tool Plant was the third in the 20th century to the 1940s created China's first Cylindrical Grinder, the fourth Shanghai Machine Tool Plant in 1940 created on the 3rd universal milling machines, is China's earliest grinder and milling machine manufacturer. Two plants in the late 1950s officially changed its name to Shanghai Machine Tool Plant and the third Fourth Machine Tool Plant of Shanghai, specializes in the development of milling machines and grinders, development and production. December 2000, according to the Shanghai Electric (Group) Corporation request, the third Shanghai Machine Tool Plant of Shanghai Machine Tool Plant for the fourth reorganization of assets for the development of China's machine tool industry will make a greater contribution to.
Precision machine tool manufacturing plant has a long history, with well-developed product design and manufacturing capabilities, the establishment of the ISO9001: 2000 quality management system, and with China Quality Certification Center certification. Enterprises have a set of sound production system, strong technical force, excellent manufacturing processes and high quality products and excellent technical service reputation at home and abroad, an endless stream products sold throughout the country, but also exported to Eastern Europe, Western Europe, United States, Japan and Southeast Asia and other countries in the world. In 1992, the factory was the first to inform the Shanghai Municipal People's Government as "high-tech enterprises in Shanghai."