JGBR and XCC.ZXZ Team Up to Grow Global Bearing and Components Market
On January 12, Lixing Bearing Co., Ltd. officially announced that it had recently signed a strategic cooperation agreement with XCC.ZXZ in Xinchang, Zhejiang Province. The two parties will focus on deepening cooperation in the field of bearings and related key components, jointly building a long-term strategic partnership of mutual benefit and win-win results, and accelerating the process of coordinated global market layout.
According to the agreement, this cooperation will focus on three core areas, conducting comprehensive and in-depth collaboration: firstly, high-precision bearings for machine tool spindles; secondly, steel and ceramic balls for high-speed bearings in new energy vehicle wheel hubs and motors; and thirdly, small steel and ceramic balls for humanoid robots and lead screw components.
The cooperation will cover the rolling element needs of multiple fields, including industrial machinery bearings and automotive component bearings. Leveraging the synergistic efforts in core products and application scenarios, Lixing Technology will help XCC.ZXZ further solidify its product competitiveness, while also supporting its business expansion in overseas markets such as North America and Mexico, promoting long-term, stable, and mutually beneficial development for both parties.
As an internationally renowned bearing and lead screw R&D and manufacturing enterprise, XCC.ZXZ possesses a mature and complete technology system, a strong brand influence, and a broad market layout; while Lixing Technology is the world's second-largest rolling element manufacturer, with outstanding advantages in product quality stability and market recognition. The core capabilities of both parties in bearings and related fields are highly complementary, laying a solid foundation for the implementation of this strategic cooperation.
Both parties agreed that they will further improve overall operational efficiency and optimize cost structure by establishing a closer strategic cooperation mechanism, jointly promote their respective market expansion strategies, continuously explore business potential, and create greater industrial value.
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