Sinomach Precision Steps Up Expansion into High-End Bearings for Space and Robotics

On January 6, 2026, Sinomach Precision Machinery (stock code: 002046) disclosed its investor relations activity record, stating that it received a total of 57 institutions, including funds, securities firms, insurance companies, and private equity funds, for a concentrated research visit that day. During the exchange, the company systematically introduced the current status of its main business and its future strategic direction, especially demonstrating a clear layout path in emerging high-tech fields.

Currently, Sinomach Precision Machinery's core business consists of two major segments: high-end bearings and superhard materials. The bearing segment covers special bearings (with a market share of approximately 90% in aerospace), wind power bearings (spindles, gearboxes, yaw and pitch bearings), and precision machine tool bearings, showing steady overall development. The superhard materials segment is operated by its 67% owned subsidiary, Sinomach Diamond, which focuses on high-performance abrasives widely used in the semiconductor, automotive, and optoelectronic industries, primarily benchmarking against leading international companies.

Looking to the future, the company has clearly identified commercial aerospace bearings, humanoid robot bearings, diamond heat sinks, and optical windows as the core drivers of its second growth curve. Among these, robot bearings have been included in the "15th Five-Year Plan" key development direction, and high-value-added products such as crossed roller bearings will become the focus of R&D.

In the aerospace field, the company currently mainly provides high-reliability bearings and some momentum wheel components, and is not currently involved in other structural components. Due to the extremely demanding and high-barrier-to-entry requirements of aerospace applications, the current market competition landscape is relatively stable, but the company also anticipates the possibility of intensified competition in the long term.

Notably, its functional applications of diamond have already shown initial success. Since 2023, heat sinks and optical windows have generated commercial revenue, with related revenue expected to exceed 10 million yuan in 2025, mainly from the non-civilian market. Currently, several leading domestic civilian customers are testing and verifying diamond heat dissipation solutions. If progress is smooth, key test results are expected to be announced in 2026, propelling this material from "optional" to "essential."

To enhance its cost competitiveness, in addition to technological optimization, the company has also reduced costs through capacity relocation adjustments—the newly built MPCVD diamond deposition production line is located in Hami, Xinjiang, leveraging the local low electricity prices to further reduce energy costs. This technology not only produces high-purity diamonds but also possesses excellent product scalability, simultaneously supporting the development of heat dissipation, optical, and even future semiconductor-grade diamonds.

Analysts point out that Sinomach Precision is undergoing a profound transformation from traditional manufacturing to the "high-precision, cutting-edge, and specialized" fields. Its strategic positioning at the intersection of national strategic scientific and technological strength and emerging intelligent equipment may become a key fulcrum for long-term value reassessment.