China Market

LYC company and CREG built the alliance of developing tunnel and ungerground space

Resource from: 27 Jun,2017
Reported 22th June, China Railway Engineering Equipment Group Co.,Ltd. and Luoyang LYC Bearing Co., Ltd. recently signed a strategic cooperation agreement in Luoyang.

    According to reports, known as the "king of constructional machinery," the shield machine consisting of more than 100,000 components, represents the highest level of China's high-end equipment manufacturing industry. However, its main bearing and other core components are still depending on imports, and the localization of key components has been the focus in the industry. In 2015, Ministry of Industry called for bids on project of "transforming and enhancing the basics of industry", CREG successful won the bidding of main bearing reducer industrial test platform project.

    LYC is one of the largest comprehensive bearing manufacturers in China. It is the birthplace of the largest diameter and the highest precision bearing in China. It is also the producing base of various bearings for every fields.

    In recent years,LYC has increased the intensity of independent research and the development of quality.The axle box bearings, subway bearings, high power locomotive bearings and other products they made always stand in the peak. With AAR quality certification, the railwany bearings of LYC has entered in north american market, enhancing the reputation of LYC in the global.

    According to the agreement, the two sides will cooperate in the fields of tunnel boring machine and the main bearing, building the intertactions of scientific research and market development. Importantly, they built the alliance of developing tunnel and ungerground space.
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