Summary

Revenue : 000,000 M USD
Finance : 000,000 M USD
Earning Cap : 000,000 M USD
Invest : 000,000 M USD
R & D : 0000 People
Growth : 00% AGR

DIGDAL CAP

Overview

General Introduction Fujian Longxi Bearing (Group) Co., Ltd. is a modern state-owned holding listed group company that produces and operates joint bearings, tapered roller bearings, and high-end mechanical components. It is one of the top 100 enterprises with core competitiveness in China's mechanical industry, a key high-tech enterprise under the National Torch Plan, a national innovative pilot enterprise, the first batch of 54 national manufacturing single champion demonstration enterprises, and the first batch of 42 national industrial brand cultivation demonstration enterprises, It is a leader in the joint bearing industry in China. The company has 12 holding subsidiaries including Fujian Yong'an Bearing Co., Ltd., Fujian Jinchanglong Machinery Technology Co., Ltd., and Longxi Bearing America Co., Ltd. It has an annual production capacity of 20 million sets of joint bearings, 8 million sets of automotive tapered roller bearings and AG bearings, 2.6 million pieces of maintenance free cross shafts, and 20 million sets of shaft sleeves. The company's leading products, including joint bearings, rank first in the world in terms of variety, production and sales, and are widely used in aerospace, heavy-duty vehicles, engineering machinery, construction roads and bridges, high-speed rail trains, clean energy, metallurgical equipment, port machinery, water conservancy and hydropower, and other fields. They have broken the international blockade for major national projects such as China's Tianyan, Tiangong, Tianhe, Tianzhou, Shenzhou, Tianwen, and large aircraft C919, MA700, AG600, We have made outstanding contributions to achieving domestic substitution and technology autonomy and controllability. Our products are exported to more than 40 industrialized countries and regions, including Europe, America, and Asia. The company vigorously develops high-end aviation joint bearings and has undertaken more than 30 national, provincial, and ministerial level scientific research projects, including research on common technologies of aviation joint bearings and construction of research and maintenance conditions for aviation joint bearings. Among them, "Construction of Joint Bearing Product Technology Innovation Platform", "PTFE Fabric Liner for Aviation Self lubricating Joint Bearings", and "Research and Industrialization of High end Self lubricating Joint Bearings" have won the first and second prizes for scientific and technological progress in Fujian Province, The "Long Life and High Reliability Heavy Truck Thrust Rod Joint Bearing" won the second prize of Fujian Province Technology Invention Award, successfully providing supporting products for national aviation, aerospace, sea, and land high-tech projects, effectively reversing the long-term dependence on imports for high-end joint bearings in the aviation industry, and becoming the main manufacturer of high-end joint bearings in China's aviation industry. The product has passed the strictest A-standard bearing certification by the most authoritative experimental institution in the field of joint bearings - the Naval Aviation Command (NAVAIR) Laboratory of the United States, and is the only enterprise in China that has passed the certification. The aviation joint bearings developed by the company with over 6000 specifications and 8 categories have been included in the US government procurement qualified product catalog (QPL-AS81820). The company is the only enterprise in China that fully covers the American Aeronautical Standard AS and European Aeronautical Standard EN products, and has the ability to design various non-standard aviation joint bearings in the forward direction. The company has a complete R&D system and strong R&D capabilities. It has academician and expert workstations, postdoctoral research workstations, national enterprise technology centers, and the only joint bearing research institute and national joint bearing testing and experimental center in China. It has been approved as a key laboratory for joint bearing enterprises in Fujian Province, a joint engineering research center between China and the local government, a high-end joint bearing engineering research and development center in Fujian Province, and a precision bearing engineering research and development center in Fujian Province Zhangzhou Equipment Manufacturing Industry Technology Research Institute is a secretariat unit of the Joint Bearing Sub technical Committee of the National Rolling Bearing Standardization Technical Committee, the main drafting unit of national and industry standards for joint bearings, and the only unit in China to participate in the drafting of international ISO joint bearing standards. It has won the first prize of the Fujian Provincial Standard Contribution Award and currently has 110 valid authorized patents, including 44 authorized invention patents.The company draws inspiration from excellent management concepts both domestically and internationally, and continues to adopt a quality management system model based on process management. The platform is based on GB/T15498 "Enterprise Standard System Management Standards and Work Standard System", and the main lines are ISO9001 "Quality Management System Requirements", IATF16949 "Quality Management System Requirements for Automotive Production Parts and Related Service Parts Organizations", and GB/T19580 "Excellence Performance Evaluation Criteria", Based on the requirements of the ISO14001 "Environmental Management Systems - Requirements and Guidelines for Use" standard, ISO45001:2018 "Occupational Health and Safety Management Systems - Requirements and Guidelines for Use", as well as specific management system standards such as internal control systems and integrity risk prevention and control, a combination of process (function) centralized structure and hierarchical structure is adopted to construct an expression form that includes enterprise management foundation, resource management The four major sections of product implementation and service provision, as well as evaluation and improvement, extend the structure of several process (functional) modules, covering management standards, technical standards, and work standards in the standard system, forming a unified management standard system that integrates quality, environment, safety, internal control, and other systems. It has successively won the National Civilized Unit (4th, 5th, 6th), National Recognized Enterprise Technology Center, and Top 100 Innovative Enterprises in China National Advanced Enterprise for Employment, National Model Enterprise for Harmonious Labor Relations, National Civilized Unit in the Machinery Industry, National Machinery Industry Quality Award, China Machinery Industry Science and Technology Award, China Excellent Integrity Enterprise, National Machinery Industry Advanced Collective, Third Fujian Provincial Government Quality Award, Fujian Provincial Quality Integrity Demonstration Unit, Fujian Provincial Industrial Enterprise Quality Benchmark, Fujian Province's First Batch of Haixi Industrial Talent Highland The Best Credit Enterprise in Fujian Province, Outstanding Contribution Enterprise to Fujian Province's Economy and Society, Top 100 Fujian Enterprise Groups, Excellent Enterprise in Fujian Province's Ideological and Political Work, Fujian Province Charity Contribution Award, Fujian Province Enterprise Culture Construction Demonstration Unit, Fujian Province Safety Culture Construction Demonstration Enterprise, and other honors.
Headquarter Zhangzhou City
Establish Date 12/24/1997
Listed Code 600592.SH
Listed Date 8/5/2002
Chairman Chen Jinhui.
CEO Chen Zhixiong.
Website www.ls.com.cn

Buy Premium Now

$15/month billed now

View the full stack of insights immediately

Or 7 Days Free Charge for Trial

See feature available in the Trial and Premium

See our Solution and Servicetrial.solutionservice.trial

See our Uniquness and Value deliveringtrial.solutionservice.trial