With the rapid development of the automotive industry, the automotive precision bearing market has also become the hottest area. Nearly everyday state Koyo Bearing Co., Ltd. (referred to as Koyo Bearing) formally submitted an IPO application. Koyo bearing IPO application is an important measure for the company to strengthen the international market expansion. At the same time, this move of Guangyang Bearing also accelerated the development of China's precision bearing industry.
It is understood that Guangyang Bearing Co., Ltd. has been engaged in R&D, manufacturing and sales of automotive precision bearings since its establishment in 1994. The main products are needle roller bearings, roller bearings, clutch release bearings and wheel hub bearings. The products are mainly used in automotive transmissions and clutches. Important assemblies such as heavy truck axles and wheels are important parts of the mainframe.
One of the focuses of market competition in the precision bearing industry is the strength of technology research and development. Guangyang Bearing has strong independent research and development capabilities. Guangyang Bearing is one of the nine laboratories approved by the bearing manufacturing enterprises in the country, and the testing capability has been recognized internationally. The Guangyang Bearing Research and Development Center has been identified as the provincial-level enterprise technology center in Jiangsu Province. Jiangsu Needle Roller Bearing Engineering and Technology Research Center, and Guang Yang Bearing as the first drafting unit and participated in the drafting of the completed series of bearings for automotive transmission with the national standard formulation work.
Guangyang Bearing has repeatedly won national awards at all levels. In 2004, 2006, and 2009, Guangyang Bearing was recognized as "high-tech enterprise in Jiangsu Province" by the Science and Technology Department of Jiangsu Province for three consecutive years. In 2010, it was named the "National Torch Program Key High-tech Enterprise".
With its continuous investment in R&D, Guangyang Bearing has continuously improved its technical strength, supplied localized bearings for bearings used by many customers, and replaced imported products, creating value for both parties while deepening cooperation.
Guangyang Bearings For overseas markets, Guangyang Bearing has a dedicated marketing department responsible for the development and sales of products in overseas markets, and adopts the sales model of “direct sales†and “distributionâ€. Guangyang Bearing actively explores overseas markets.
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