Wuxi Machine Tools Co., Ltd. (also known as Wuxi Machine Tool Factory) is one of the 520 national key enterprises and a national high-tech enterprise. Its predecessor, "Kaiyuan Machine Factory", was founded in 1948 by Mr. Rong Desheng, a famous Chinese industrialist and businessman. It has a history of nearly 80 years in machine tool manufacturing and was one of the "Eighteen Arhats" in China's machine tool industry in the early years after the founding of the People's Republic of China. It is now a manufacturing base in China specializing in the production of centerless grinding machines, internal grinding machines, bearing grinding machines, roll grinding machines, high-speed electric spindles, and other products. It is the unit responsible for formulating relevant national and industry standards in the grinding machine sector.

The company possesses numerous high-precision equipment from Europe and America, complete metrology and testing equipment, and advanced CAD / CAPP / CAM / PDM / ERP network systems. It has the capability to design, develop, and manufacture various types of special grinding machines, CNC grinding machines, and large machine tools. The technical level of its products represents the national standard, with more than 300 varieties of products available annually. They serve many industry sectors in China such as energy, automotive, bearings, textile machinery, electronics, light industry, and railways, and are exported to more than 20 countries and regions in Europe, America, and Asia.

The "XIJI" brand CNC grinding machines have successively won the titles of "Most Market Competitive Brand" and "China Famous Brand". The "XIJI" centerless series grinding machines have been designated as national exempt-from-inspection products.