Analysis of Development Status of Bearing Industry in Hubei

The bearing is a key component of major equipment and is used to determine the relative movement of the rotating shaft and other parts and to support or guide it. In recent years, the pace of production and the transformation and upgrading of industries should be accelerated. China's bearing production and sales are booming, and it has entered the ranks of the world’s leading bearing manufacturing countries.

In the tile axis, Los axis and other old-fashioned bearing enterprises to restore vitality, the main bearing industrial base, such as Zhejiang Cixi, Hebei Linxi, Shandong Linqing and other development momentum unabated, the Hubei bearing industry vividly rises a bearing industry base bearing a famous enterprise This changed the situation in the past, becoming a rising star in the national bearing industry.

Huangshi City Xialu District has always been an important bearing manufacturing base, Huangshi Bearing Factory has long enjoyed a good reputation. However, due to the aging of the original company and new market competition, the bearing industry in Huangshi City faces enormous challenges.

In recent years, the landlocked region has seized the opportunity of the city’s implementation of the strategy for large industries and clearly stated in the construction of the central urban area that “black metal” industrial clusters must “center around one core, and lead two lively dances”. The core, the two leading industries in the live bearing and pipe industry. The focus will be on the introduction of a series of mechanical processing leading and flagship projects with large investment scales and high returns, and will create a precision bearing manufacturing base in the South China region.

After a series of reform measures, at present, the bearing industry in the area is developing rapidly. Hutbell Precision Forging Co., Ltd. and other large enterprises have risen one after another. The development of good industries has also attracted investment projects of large-scale enterprises such as Renmin Group and Wazhousha. Future development is inestimable.

Fuyang Bearing, one of the four major bearing factories of Havaluo, suffered huge losses for three consecutive years from 2000 to 2002, becoming a highly indebted, low-yield mess, and even being suspended from listing and becoming a ST family.

After gaining a glimpse of life through restructuring, Xiangyang Bearing seeks "rebirth" opportunities in all aspects. Introduce the Strategic Investor Plan, transfer 95% equity to Sanhuan Group free of charge, and win investment of not less than RMB 300 million for two years; implement the trademark plan, register “ZXY” trademark and be recognized as China Famous Trademark by State Administration for Industry and Commerce 1237 acres of land will be acquired and the "Zhuzhou Industrial Park" will be established, which will be built into a domestic first-class, internationally leading industrial park; the establishment of millions of funds, the introduction of domestic and foreign high-quality high-level professional and technical personnel; exertion of foreign markets, the formation of heavy The system of bearings for various types of vehicles, including medium, light, micro and passenger cars, has established 28 sales branches and 14 distribution centers throughout the country, and its sales and service network has spread throughout large and medium-sized cities throughout the country.

After a series of reform measures, the profit of Shenyang Bearing has grown slightly, and its anti-risk capability has been significantly improved. In the future, as one of the four major bearing factories, although the prospects are good, but to restore the glory of the past, Xiangyang Bearing still has a long way to go.