Xiangyang Automobile Bearing Co., Ltd.
Address: No. 97, Dengcheng Avenue, High-tech Zone, Xiangyang City, Hubei Province
Company Overview
Xiangyang Automobile Bearing Co., Ltd. was founded in 1968. It is a national project dedicated to automobile manufacturing bearings during the fourth five-year plan of my country with an investment of 120 million yuan. In 1993, it completed the transformation into a joint-stock company and was listed on the Shenzhen Stock Exchange in 1996 (code 000678). In 2003, it successfully implemented the reform and restructuring work with the "state-owned employee identity conversion" as the main content, and nearly 10,000 employees completed the identity conversion at one time. In April 2009, it successfully implemented a strategic reorganization with Sanhuan Group, and the actual controller of the enterprise was changed to Hubei Sanhuan Group Co., Ltd. In 2011, Sanhuan Xiangzhou Industrial Park, which invested 3 billion yuan and covers an area of 1,070 acres, is a one-time automobile bearing industrial park in the bearing industry. In August 2013, with the strong support of Sanhuan Group, Xiangzhou successfully acquired the largest bearing company in Poland, Krasnik Rolling Bearing Co., Ltd. (KFLT), and entered the ranks of multinational companies in one fell swoop. Sanhuan Xiangzhou Company currently has more than 4,500 employees, total assets of 2.46 billion yuan, more than 4,000 sets of main equipment, and an annual production capacity of 70 million sets. It is a Chinese automobile bearing manufacturer and a national bearing export base. In November 1996, Xiangzhou's bearing industry passed the ISO9001 quality review and obtained the ISO9001 quality standard certification. At the end of 1997, it obtained the ISO9001 product quality certification of the American FMRC company. In March 2005, it passed the audit of the TS16949 quality management system by the Swiss international certification agency SGS and obtained the TS16949 certificate. Over the past 40 years since its establishment, Xiangzhou has won the trust of users with its excellent product quality, established the brand image of "ZXY" bearings in the automotive industry and auto parts market, and has a high reputation in the bearing industry and auto parts industry. Xiangzhou has an engineering technology center specializing in the research and development and application of new products and new technologies for automotive bearings, and has a large number of senior engineering and technical personnel engaged in new product development. In addition to automotive bearings, it also involves a variety of bearing products in the fields of machinery, agricultural machinery, home appliances and wind power. The company's technical research and development capabilities are in a leading position in the domestic automotive bearing industry. Among them, many technologies such as reinforced tapered roller bearings, full roller cylindrical bearings, automotive air-conditioning compressors and clutch bearing simulation test machines have national patents. The company's products have the ability to match Dongfeng, Jiefang, Seltai, North Benz, JAC, Beiqi Foton, Yuejin, Isuzu and other series of bearing products for complete vehicles, and can design and manufacture various types of bearings and parts for special purposes for users. Xiangzhou Company has now formed a system of supporting bearings for various types of vehicles such as heavy, medium, light, micro, and sedans. It has established 28 sales branches and 14 distribution centers across the country. The sales and service network covers all major and medium cities across the country. ZXY brand bearings enjoy a high reputation in the auto parts market, and the products are exported to Europe, America, Southeast Asia and other countries and regions. Xiangzhou has established the corporate development strategy of "building a first-class automotive bearing research and development and production base in China". The company is further improving the transformation of sedan bearing projects, introducing advanced foreign sedan bearing production technology and equipment, and forming the ability to mass produce sedan bearings. At the same time, it has also expanded the ability to produce heavy truck bearings. At present, Xiangzhou is planning to build the "Xiangzhou Industrial Park" to create a "China-first-class, internationally advanced" automotive bearing research and development and production base, and is working tirelessly to manufacture high-quality automotive bearings in China.