Xiangyang Automobile Bearing Co., Ltd. (000678)

Xiangyang Automobile Bearing Co., Ltd. (000678)

Xiangyang Automobile Bearing Co., Ltd. was founded in 1968, and is a national key project specially for the manufacture of supporting bearings for China's automobile during the fourth Five-Year Plan period, which was invested by the state for 120 million yuan; In 1993, the company completed the reform of the stock system and listed on Shenzhen Stock Exchange in 1996 (code 000678); In 2003, the reform and reform work with the main content of "state-owned employee identity transformation" was successfully implemented, and nearly 10000 employees completed the identity transformation at one time; In April, 2009, the strategic restructuring was successfully implemented with Sanhuan group, and the actual controller of the enterprise was changed to Hubei Sanhuan Group Co., Ltd; In 2011, the Xiangxian Industrial Park, which invested 3 billion yuan and covers an area of 1070 mu, is a one-time automobile bearing industrial park built by the bearing industry.

In August, 2013, with the support of Sanhuan group, Xiangxi successfully acquired klflt, the largest bearing enterprise in Poland, and entered the ranks of multinational companies. Sanhuan Xiangxian company has more than 4500 employees, with a total assets of 2.46 billion yuan, more than 4000 main equipment and 70million sets of annual production capacity. It is the export base of China's automobile bearing manufacturers and national key bearings.

In November 1996, Xiangxi shaft took the lead in bearing industry to pass ISO9001 quality review and obtained ISO9001 quality standard certification certificate; At the end of 1997, it was awarded ISO9001 product quality certification by FMRC company of USA; In March, 2005, it passed the audit of TS16949 quality management system by SGS, the Swiss international certification agency, and obtained TS16949 certificate.

Since the establishment of the factory for more than 40 years, Xiangzhou axis has been committed to the strategy of high-quality brand, which has won the trust of users with excellent product quality, and established the brand image of "ZXY" bearing in the automobile industry and auto parts market, and has a high reputation in the bearing industry and auto parts industry. As early as the early 1980s, the company has more than 20 "national excellent", "Ministerial" and "provincial" products, including 7815e and 7608E. Among them, 7815e has been awarded the title of "National Silver Quality Award", and Dongfeng company has been designated as the exclusive supply of Xiangxi shaft. In 2006, the company was jointly awarded "automobile and parts export base" by the national development and Reform Commission, Ministry of Commerce and other departments; In 2008, the trademark "ZXY" was recognized as "China famous trademark" by the State Administration for Industry and commerce, Xiangzhou company was awarded the title of "high-tech enterprise" by the people's Government of Hubei Province, and the technical center of the company was recognized as the national enterprise technology center in 2012.

Xiangxi shaft has a special engineering technology center specializing in the research and development and application of new products and new technologies of automobile bearings. It has a large number of senior professional engineering technicians engaged in the development of new products. Besides automobile bearings, it also involves many bearing products in the fields of machinery, agricultural machinery, household appliances and wind power. The company has the leading position in the domestic automobile bearing industry, and has many national and provincial scientific achievements awards, among which, the reinforced tapered roller bearing, full roller cylindrical bearing, automobile air conditioning compressor and clutch bearing simulation testing machine have national patents. The company has the ability to complete the whole vehicle with Dongfeng, Jiefang, stele, North Benz, Jianghuai Automobile, BAIC Futian, Yuejin, Isuzu series bearing products, and can design and manufacture various bearing and parts products for special purposes for users.

Xiangzhou axle company has formed a system of supporting bearings for various types of vehicles such as heavy, medium, light, micro and sedan. It has 28 sales branches nationwide, and has 14 distribution centers. The sales and service network is spread across the large and medium cities of 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.

Xiangxi shaft has established the enterprise development strategy of "building China's first-class automobile bearing R & D and production base". The company is further improving the transformation of car bearing project, introducing advanced production technology and equipment of car bearing abroad, and forming the capacity of mass production of car bearings, and also expanding the capacity of producing heavy truck bearings. At present, Xiangzhou is planning and building "Xiangzhou Industrial Park", building a "China first-class, international advanced" automobile bearing research and development and production base, and making unremitting efforts to build the best Automobile Bearings in China.

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