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Northwestern Bearing Co., Ltd.

China's first bearing industry An A-share listed company

Northwest Bearing Co., Ltd. is located in Yinchuan City, the capital of Ningxia Hui Autonomous Region. It was founded in 1965. In April 1996, Northwest Bearing Co., Ltd. was established and is the leader in my country's bearing industry. An A-share listed company.

Company name

Northwestern Bearing Co., Ltd.

Headquarters location

Yinchuan City, Ningxia Hui Autonomous Region

Established Time

April 1996

Company nature

Listed company

Company profile Scientific research development history TA said reference materials

Company Profile

Northwest Bearing Co., Ltd. is located in Yinchuan City, the capital of the Ningxia Hui Autonomous Region, known as the "City on the Lake". Its predecessor was Northwest Bearing Factory, which was founded in 1965. In April 1996, Northwest Bearing Co., Ltd. was established, becoming the first A-share listed company in my country's bearing industry.

The company is mainly engaged in the production and sales of various types of rolling bearings. The products are widely used in main engine supporting industries such as petroleum, metallurgy, railways, mining, construction engineering, heavy-duty vehicles, motors, and agricultural machinery. The company is the largest R&D and production base for petroleum machinery bearings in China, and its core manufacturing technology for petroleum machinery bearings is at the leading international level. The company is able to produce more than 5,000 types of rolling bearings with outer diameters from 40 mm to 3500 mm in accordance with international standards and the latest national technical standards, and can also produce various non-standard bearings and bearings with special structures according to user requirements. The company has self-operated import and export rights and exports bearing products to more than 50 countries and regions.

The company passed IS09001 quality system certification, IS014001 environmental management system certification and national GB/T19022-2003/ISO10012 perfect measurement system certification (AAA) in 1997, and is a national first-level measurement unit. It has a national-level enterprise technology center, a postdoctoral research station and the only petroleum machinery bearing research institute in China's bearing industry. The "NXZ" trademark was recognized as a "well-known trademark in China". In 2008, the company won honorary titles such as "National Export Commodity Inspection-Exemption Qualification" and "Autonomous Region Petroleum R&D Innovation Team", and passed the "National High-tech Enterprise" certification.

After more than 40 years of development, the company's product design and process manufacturing levels, scientific research and development and technological innovation capabilities have been continuously improved. It has mastered metallurgical rolling mill bearings, heavy-duty vehicle bearings, petroleum machinery bearings, especially petroleum machinery bearings. Mechanical bearings are mature, unique and relatively stable core technologies. In the domestic bearing manufacturing industry, the comprehensive technical level of Northwest bearing products is in a leading position. More than 100 new products have filled the domestic gap. 10 products have been rated as national key new products. The "NXZ" brand metallurgical and petroleum machinery bearings have been rated as It is a famous brand product in Ningxia. The company has high-level technical R&D personnel and independently developed computer CAE-CAD-CAPP design software and bearing data management integrated PDM system, which are at the leading level in China's bearing industry. The company was awarded the "National CAD Application Engineering Demonstration Enterprise" by the Ministry of Science and Technology. "title.

The company's development has also received great attention and support from the state and governments at all levels, including party and state leaders such as Hu Jintao, Wu Bangguo, Qiao Shi, Li Ruihuan, Li Tieying, Wang Zhongyu, Qian Qichen, Zou Jiahua, Wang Bingqian and others. I visited the company successively and spoke highly of it. The company has successively won the "China 21315 Quality Credit Rating Certificate", "Mechanical Industry Management Progress Demonstration Enterprise", "Mechanical Industry Highly Skilled Talent Training Demonstration Base", "National Ankang Cup Competition Winning Unit", "Top Ten Meritorious Contributors in Promoting Ningxia's Sustainable Development" Unit" and other honorary titles.

Scientific research

Northwest Bearing Co., Ltd. [1] was reorganized and restructured from the Northwest Bearing Factory. It is the first listed bearing company in my country.

After more than 30 years of development, Northwest Bearing Co., Ltd. has entered the ranks of the 100 largest machinery industry enterprises in China and has become one of the largest bearing manufacturers in my country. Mainly engaged in the production and sales of various types of rolling bearings, the products are exported to more than 50 countries and regions. The company's technology center has been recognized as a national enterprise technology center and develops nearly 200 new products every year. In 2000, more than 100 new products were developed to fill domestic gaps, and a large number of products have reached the advanced level of similar foreign products. The company has a complete quality system and reliable quality assurance capabilities. In 2003, it passed the ISO9001:2000 quality system certification. It has successively won many honors such as the "May 1st" Labor Certificate, "National Advanced Enterprise for Quality and Efficiency", "National Advanced Enterprise for Quality Miles", etc.

In 2008 and 2009, he successively undertook a number of new technologies such as the autonomous region’s key technological innovation projects, the autonomous region’s key new product trial production projects, the autonomous region’s scientific and technological research projects, and the capital projects for optimizing the import and export structure of electromechanical and high-tech products. For the research and development of new products, 6 patents have been applied for, and 3 utility model patents have been obtained for the new structure of two-way cylindrical roller thrust bearings, oil drilling rig slewing bearings and backing bearings; the development of 12,000-meter deep well onshore oil drilling rig slewing bearings, 2008 In December of this year, it passed the appraisal of scientific and technological achievements of the autonomous region. Through the implementation of the project, the scientific research level of the company's engineering and technical personnel has been improved. Three people were selected into the “New Century 313 Talent Project” of the autonomous region, one person received a special subsidy from the autonomous region government, and two people obtained professor-level senior salary qualifications.

Development History

According to the overall deployment of the country's third-line construction, approved by the former Ministry of Machinery Industry, it was built by Wafangdian Bearing Factory. From the end of 1964 to the beginning of 1965, one machine The ministry sent people to Ningxia twice to inspect, and established the Northwest Bearing Factory in Dashuigou, Pingluo County, Ningxia, which met the requirements of "backing, concealment, and dispersion" for combat readiness. In April 1996, the former Northwest Bearing Factory was transformed into a joint-stock company and established Northwest Bearing Co., Ltd., the first listed company in China's bearing industry. In its 47 years of development and construction, the West Axis has generally gone through three stages.

The first stage

From 1965 to 1981, it was the stage of building factories in mountainous areas. Thousands of builders from Wafangdian Bearing Factory and all over the country lived and worked hard in Dashuigou, building roads, bridges and factories. After several years of hard work, it was officially put into production in 1970. In the following years, the factory developed slightly, but due to its remote location and inconvenient transportation, production stagnated. In the early 1980s, production hit a trough and Ningxia became a major loss-maker at that time.

The second stage

From 1982 to 1992, it was the adjustment and transformation stage. That is to say, the adjustment and relocation from Dashuigou in Helan Mountain to Yinchuan City will be implemented. With the care and support of the party and the government, we merged the original Yinchuan Bearing Factory, opened a new factory area in the new urban area of ??Yinchuan City, and started our second business venture. In 1986, the main production branches such as material preparation, forging, heat treatment, lathe, medium-sized and large-scale were moved to Yinchuan. Later, all production branches, auxiliary production branches and thousands of employees' families were gradually moved to the new factory area. Without asking for a penny from the country, without suspending production for a day, and under the very difficult circumstances of production and life, we carried out infrastructure construction, relocation, production, transformation, and development. It took 10 years and the adjustment and relocation was successfully completed at the end of 1992. To fulfill the historical mission, Xixixi people used their wisdom and hard work to compose a song of entrepreneurship and victory.

The third stage

Starting from 1993, it is a stage of rapid development. In 1996, Northwest Bearing Co., Ltd. was founded. From 2002 to 2006, the goal of "getting out of trouble in three years, doubling in five years, and achieving leapfrog development" was proposed and realized, and then it was proposed to "achieve total sales of 1 billion yuan in 3-5 years, and achieve total sales of 1 billion yuan in 10 years." The goal is to become one of the top 5 companies in the industry within a short period of time. In 2007, after asset reorganization, China Great Wall Asset Management Company obtained 81.92 million shares of Xiaxis shares held by Xiaxis Group, accounting for 37.78% of the total share capital, and became the largest shareholder of Xiaxis.

The "NXZ" trademark was recognized as a "China Famous Trademark". In 2008, the company won the honorary titles of "National Export Commodity Inspection-Exemption Qualification", "Autonomous Region Petroleum R&D Innovation Team", and passed the "National High-tech Enterprise Certification".

In May 2011, Ningxia Baota Petrochemical Co., Ltd. acquired Northwest Bearing 20 shares held by Great Wall Asset Management Company and became the largest shareholder of Northwest Bearing. Great Wall Asset Management Company still holds Northwest Bearing 17.78 shares, becoming the second largest shareholder of our company. After Pagoda took over the West Axis, it insisted on the West Axis people to govern the West Axis, timely proposed and established the development strategy of "strengthening the main business, expanding the scale, and developing side businesses" with "big thinking, big efforts, and great courage", and then proposed "a The short-term goal is to get out of trouble in two years, move up the ladder in two years, and achieve great development in three years. Through the unremitting efforts of all employees, the company achieved a turnaround in 2011 and is moving forward bravely towards the goal of "stepping up in two years and developing in three years".

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Reference materials

[1]?Petroleum machinery bearing R&D team?·?Ningxia Hui Autonomous Region Science and Technology Department?[Citation date 2013-03- 28]

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