Shaoxing bearing industry faced with bonus after upgrading
Resource from: CBCC Likes:284
Jul 05,2017
Yesterday, the first batch of 50 auto wheel bearing of Xinchang Kaiyuan Automobile Bearings Co., Ltd. got approved by the US clients, which means that the order of tens of millions of dollars has been absolutely certain. "By the end of August, there are 250 different specifications of the new product for review." General Manager Yu Jianming said. To keep production capacity and demand matched, the investment of 100 million new project is about to start.
Acoording to the sample survey, in the first 5 months of this year, 80 percent of 78 bearing enterprises have increased their profits by 30 percent. "This development trend does not come easy." City Machinery and Electronics Industry Federation Vice President and Secretary-General Professor Wang Wenkui keeps focus on bearing industry, "after several years of industry revolution, a group of living business brought back to life "
Affected by international and domestic demand, China's bearing industry fall into valley a few years ago. In the last two years, more than 1300 bearing enterprises have closed down in Xinchang. A number of bearing enterprises that survived have to think and explore: how to be better under this hard environment?
Concentrating on innovation and high-end products, more bearing enterprises increased the management, products and technology. Shaoxing Sanxiong Auto Parts Co., Ltd. successfully entered into Germany "Schaeffler" supply system with its manufacturing capabilities of high-precision automotive bearings.During the first 5 months, its sales reached more than 130 million yuan, 8 times more at same period last year. Zhuji Hongyuan Electric Power Machinery Co., Ltd. focuing on the field of nuclear power, with technological transformation research, mastered CPR1000 nuclear power cooling main pump bearing casting core technology, achieving the localization of million kilowatt-class nuclear pump bearing manufacturing in China.
"Transforming from the production to demand, many bearing enterprises expanded new market with new products and new technology in Shaoxing. They began to enjoy upgrade bonus." Wang Wenkui said, with research and development capabilities enhanced, the industry is entering a new upgrade development channel.
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