A quarter of each year is the bearing industry

A quarter of each year is the bearing industry, the production and sale of the off-season , this year , the domestic bearing industry is facing a lack of demand , overcapacity grim predicament. But Wazhou first quarter than last year output growth of 2.8% , operating mobile crane bearing income grew by 1.6% , more eye-catching two figures is that high-end products accounted for 50 % of revenue , bearing exports grew by 20% , ie, by expanding the high-end market and international market , Wazhou reversing the crisis of overcapacity .
Pressure on the domestic bearing industry dilemma squeeze
China has become the world's largest bearing consumer, but also the formation of Harbin , Wafangdian sealed bearing three manufacturing bases in Zhejiang and Jiangsu private enterprise bearings, bearing manufacturing companies as well as international joint ventures or wholly-owned company third of the world 's industrial structure , bearing ZWZ became the industry leader .
Currently, the bearing industry has shown a trend of internationalization of domestic competition . Nearly 80 percent of the world bearing market is split bearings eight foreign giants , of which 40% share from the Chinese market , mostly for high-end products. Not only that, but also to increase investment in the world bearing the giant forward China 's low-end market expansion ; while domestic companies manufacture products bearing 90% of the low-end products , squeeze through the traditional market price competition . Under the pressure of the squeeze , ZWZ urgent need to find a new market space.

precision spindle bearings the China Machinery Industry Federation in Luoyang

Recently, the China Machinery Industry Federation in Luoyang, organized by the company as the lead unit commitment "five" National Science and Technology Support Program "High-speed rail and urban rail transit vehicles bearing key technology research and application" will be the subject of acceptance. Experts involved in the acceptance of the view that the subject completed the research and assessment criteria specified in the mission statement, to achieve the desired goal, it was agreed that subject to acceptance. Bearing Science & Technology, said the acceptance by the subject project will not have a significant impact on the Company's short-term operating results.
It is reported that the subject is to solve high-speed rail and urban rail transit vehicles bearing long-term dependence on imports, a key technology to carry out the study design, analysis, simulation bearing structure optimization, developed a 250km / h high-speed railway bearing and over 100km / h or more urban rail transit vehicles bearing, bearing samples have been detected by the national quality supervision and Inspection Center and other institutions.