Northwest Bearing Products Re-enter the Domestic Railway Freight Car Bearing Field
Baota Industry's subsidiary Northwest Bearing Co., Ltd. is a backbone enterprise in China's bearing industry that was established in Ningxia by the National Third-line Construction in the 1960s. Over the past 50 years, the Northwest Bearing has experienced relocation, listing, loss and restructuring. At the end of 2020, Ningxia state-owned capital operation group has become the actual controller of the pagoda industry. While taking over the management of the company, it has also taken the burden of leading the pagoda industry to continue its reform and development.
In March of this year, Northwest Bearing's first set of railway freight car bearings produced by an automatic assembly line was successfully rolled off the assembly line. This marks the re-entry of Northwest bearing brand products into the domestic railway freight car bearing field after 20 years of leaving the railway market.
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