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 Xiangyang Automobile Bearing Co., Ltd. was founded in 1968 and is a national key project invested 120 million yuan during the fourth five-year plan period in China, specifically for the manufacturing of supporting bearings for automobiles in China; In 1993, the joint-stock system transformation was completed, and in 1996, it was listed on the Shenzhen Stock Exchange (code 000678); In 2003, the reform and restructuring work with the main content of "state-owned employee identity conversion" was successfully implemented, with nearly 10000 employees completing their identity conversion at once; In April 2009, we successfully implemented a strategic restructuring with Sanhuan Group, and the actual controller of the enterprise was changed to Hubei Sanhuan Group Co., Ltd; In 2011, the Sanhuan Xiangxi Industrial Park, with an investment of 3 billion yuan and an area of 1070 acres, was a one-time construction of the automotive bearing industry park in the bearing industry. In August 2013, with the strong support of Sanhuan Group, Xiangxi successfully acquired the Polish bearing enterprise Krasnik Rolling Bearing Co., Ltd. (KFLT), entering the ranks of multinational corporations. San Huan Xiang Axle Company currently has more than 4500 employees, a total asset of 2.46 billion yuan, more than 4000 sets of main equipment, and an annual production capacity of 70 million sets. It is a Chinese automobile bearing manufacturer and a national key bearing export base. In November 1996, Xiangxi took the lead in passing the ISO9001 quality review in the bearing industry and obtained the ISO9001 quality standard certification; At the end of 1997, obtained the ISO9001 product quality certification from FMRC Company in the United States; In March 2005, it passed the audit of the TS16949 quality management system by the Swiss international certification body SGS company and obtained the TS16949 certificate. Over the past forty years since its establishment, Xiangxi has been committed to the strategy of high-quality brands, winning the trust of users with its excellent product quality, and establishing the brand image of "ZXY" bearings in the automotive industry and automotive parts market. It has a high reputation in the bearing industry and automotive parts industry. As early as the early 1980s, the company had more than 20 "national excellent", "ministerial excellent", and "provincial excellent" products such as the 7815E and 7608E. Among them, the 7815E won the title of "National Silver Award", and Dongfeng Company's military vehicle bearings have always been exclusively supplied by the designated Xiang shaft. In 2006, the company was jointly awarded the title of "Automobile and Parts Export Base" by departments such as the National Development and Reform Commission and the Ministry of Commerce; In 2008, the "ZXY" trademark was recognized as a "well-known trademark in China" by the State Administration for Industry and Commerce, and Xiangxi Company was awarded the title of "high-tech enterprise" by the People's Government of Hubei Province. In 2012, the company's technology center was recognized as a national level enterprise technology center. Xiangxi has an engineering technology center specializing in the research and application of new products and technologies for automotive bearings. It has a large number of senior professional engineering and technical personnel engaged in the development of new products. In addition to automotive bearings, it also involves various bearing products in the fields of machinery, agricultural machinery, household appliances, and wind power. The company's technological research and development capabilities are in a leading position in the domestic automotive bearing industry, with many national and provincial scientific achievement awards. Among them, multiple technologies such as reinforced tapered roller bearings, full roller cylindrical bearings, automotive air conditioning compressors, and clutch bearing simulation testing machines have national patents. The company's products have the ability to support a series of bearing products such as Dongfeng, Jiefang, Siltai, Beibu Mercedes Benz, Jianghuai Automobile, Beiqi Futian, Yuejin, Isuzu, etc., and can design and manufacture various types of bearings and component products for special purposes for users. Xiangxi Company has formed a system of supporting bearings for various vehicle models such as heavy, medium, light, micro, and sedans. It has established 28 sales branches and 14 distribution centers nationwide, with sales and service networks covering major and medium-sized cities across the country. ZXY brand bearings have a high reputation in the automotive parts market, and their products are exported to countries and regions such as Europe, America, and Southeast Asia. Xiangxi has established the enterprise development strategy of "building a first-class research and production base for automotive bearings in China". The company is further improving the transformation of sedan bearing projects, introducing advanced foreign sedan bearing production technology and equipment, and forming the capacity for mass production of sedan bearings. At the same time, it has also expanded its production capacity for heavy-duty truck bearings. At present, Xiangxi is planning to build a "Xiangxi Industrial Park" to create a "first-class and internationally advanced" automotive bearing research and production base in China, making unremitting efforts to create the best automotive bearings in China.
Headquarter Xiangyang
Establish Date 5/6/1993
Listed Code 000678.SZ
Listed Date 1/6/1997
Chairman Gao Shaobing.
CEO Zhang Lei.
Website www.zxy.com.cn

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