ZWZ Achieved a Year-on-Year Increase of 29.2% in Revenue in the First Half of the Year

Zhang Fengren, a operations manager of the export operation area of ZWZ(Wafangdian Bearing Group Corp.,Ltd.) high-end automobile bearing company, said, "In the first half of the year, both export orders and domestic orders in our operation area increased significantly. The monthly orders for single-row tapered bearings of a certain specification reached 80,000 to 100,000. In the face of adverse factors such as the increase in raw material prices and covid-19, we have explored our internal potential to improve production capacity." Through the transformation of the grinding and assembly production line, the adjustment of process route and the cultivation of multi-skilled workers, the production capacity of each production line in the operation area is not lost and the orders are delivered quickly.

With domestic demand as the main body and domestic and international dual cycles, the automotive bearing of ZWZ is moving towards a new pattern of high-quality development. The export heavy-duty truck bearing market has made breakthroughs, successfully entered into a number of new markets, and the order growth rate exceeded 200%. Not only the orders for automobile bearings are growing rapidly, but also the market orders for wind power bearings, super large bearings, precision bearings, metallurgical machinery bearings and other sectors of ZWZ are also growing steadily.

This year, ZWZ will make efforts to build "2021 Scale Year". The company has successively carried out the gift action of "a good start in January, a high start in the first quarter, and more than half of the time and tasks". Focusing on expanding capacity and production, improving quality and efficiency, and tackling key problems, the company has driven the market growth, steadily released the stock and effectively supplemented the shortcomings. The enterprise is constantly adjusting and optimizing. At the same time, the company broke the traditional distribution mode by implementing the adaptive organizational performance system and the dual salary distribution mechanism of technical grade allowances for skilled workers, stimulated the enthusiasm and initiative of all employees to grab orders and ensure delivery. The market orders grew, the production line efficiency improved continuously, and the employee income gradually increased. In the first half of the year, the company achieved a year-on-year increase of 29.2% in operating revenue.

At present, the company is carrying out the competition of "Hundred Days to Start a New Situation" in the third quarter, which once again set off an upsurge of increasing orders. All employees are going all out to hand in a brilliant answer to realize the high-quality development of the enterprise.