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Chongqing Yongda Precision Machinery Co., Ltd. was established in September 1999. In December 2004, it was separated from Chongqing Qingshan Industrial Co., Ltd. as the principal and subsidiary company. It was converted from solely state-owned to collective ownership of employees. The company specializes in the production and manufacture of automobile disc gears, axle gears and synchronizers. It is a well-known domestic automobile enterprise supporting Chang'an, Beiqi, Geely, Hippocampus, SAIC General Wuling, FAW Group, sport cars, Huachen Automobile and so on. It is a city-level "technology center" and "high-tech enterprise" in Chongqing. The backbone enterprise of automotive parts.
 
There are more than 300 employees, with output value of 211 million yuan, 230 million yuan and 210 million yuan, respectively, and fixed assets of 230 million yuan from 2016 to 2018.