Wuxi Machine Tool Co., Ltd. (also known as Wuxi Machine Tool Factory) is a national key enterprise and national high-tech enterprise. Its predecessor "open source machine factory" was founded in 1948 by the famous Chinese industrial and commercial industrialist Rong Desheng, with nearly 70 years. The history of machine tool manufacturing is one of the "18 Arhats" in China's machine tool industry in the early days of the founding of the People's Republic of China. Now it is the manufacturing base for the production of centerless grinding machines, internal grinding machines, bearing grinding machines, roll grinding machines and high-speed electric spindles. It is the formulation unit of relevant national standards and industry standards for the grinding machine industry.