On July 17, the State-owned Assets Supervision and Administration Commission (SASAC) of the autonomous region and North Minzu University jointly held a signing ceremony for the cooperation framework agreement under the theme "Pooling Wisdom and Strength to Chart a New Chapter, Collaborating for a Shared Future." During the ceremony, NXZ signed a strategic cooperation framework agreement with the School of Mechanical and Electrical Engineering at North Minzu University. Du Zhixue, the company's Party Committee Secretary and Chairman, attended the event.

Du Zhixue, representing NXZ, signed the agreement and joined the university representatives in activating a laser balla symbol of win-win cooperationofficially marking the launch of their partnership.

This signing is a key achievement in the Autonomous Region SASAC's efforts to deepen university-enterprise collaboration. Other enterprises, such as Ningxia State Farms Winery Co., Ltd., also signed cooperation agreements with corresponding schools during the event.

As a leading enterprise in China's bearing industry, NXZ will leverage the School of Mechanical and Electrical Engineering at North Minzu University's strengths in scientific research and talent development to foster in-depth collaboration in two major areas:

Talent Cultivation Through targeted training programs, student internships, employment facilitation, faculty-industry exchanges, and appointing corporate technical and managerial experts as masters supervisors, lecturers, or industry mentors.

Scientific & Technological Collaboration By co-establishing research centers, joint R&D projects, and researcher exchanges to enhance theoretical research and product development capabilities.

This partnership not only injects innovation and intellectual support into NXZ but also aligns with the companys commitment to serving Ningxias "Six New, Six Special, and Six Premium" industrial layout, driving high-quality development in advanced equipment manufacturing. By integrating industry, academia, research, and application, it will accelerate technology commercialization and strengthen the regional manufacturing sectors core competitiveness.

This strategic alliance marks a crucial step for NXZ in deepening industry-academia-research integration and solidifying its development foundation. It is set to enhance Ningxias manufacturing reputation and contribute robustly to Chinas intelligent manufacturing endeavors in the Ningxia chapter.

About XiBei Bearing:

XiBeiBearingCo.,Ltd(NXZ) is one of the largest bearing manufacturers in China and the first listed company in the national bearing industry. The company has a state-recognized enterprise technology center and post-doctoral research workstation, and now has more than 180 engineering and technical personnel with bachelor's degree or above. The company has a complete management system, has passed ISO9001 quality management system certification, ISO/TS16949 automobile quality management system certification, ISO14001 environmental management system certification and other certifications, is a national level 1 measurement unit, national level 2 confidentiality qualification enterprise, and has obtained the national weapons equipment scientific research and production license qualification.

After becoming the actual controller in 2020, Ningxia State-owned Capital Operation Group Co., Ltd. has given great support to enterprises in terms of capital, technological innovation, talent training, etc. At present, the production units and relevant departments of the company are respectively engaged in specialized manufacturing, service, international trade and design research and development of bearing products, so that XiBeiBearingCo.,Ltd(NXZ) has a comprehensive ability from design, research and development to manufacturing and international trade.

Contact NXZ:

Address:No.388, West Liupanshan Road, Yinchuan, Ningxia 750021, China

Tel:0086-951-2020454

Fax:0086-951-2020454

Contact Person:Jane Li

Email:nxzjck@nxz.com.cn, nxzjck@gmail.com