Shanghai New Way was founded in the early 21st century, focuses on the linear transmission industry for more than ten years. Today, NEW-WAY has become a modern enterprise integrating R&D, production, sales and trade.

In 2007, the company established the first Cooperation in the mainland, the screw processing production line. Later, it invested nearly 100 million yuan to form three modern production lines: rolling ball screw, grinding ball screw and nut.

In order to better integrate international technology, in 2011, Taiwan invested in SHAC Transmission Technology Co., Ltd. as a research and development center of the company. Later on Further investment was made in WERB Bearing industry in zhejiang province main land China.