China Bearing Annual production capacity 10 billion sets, ranked third in the world

July, 3th, Beijing - (e-bearings.com) “China has overfulfilled 'China's the Eleventh Five-year Plan ' two year advanced in bearing industry, to plan the original main camp service ahead of time to receive 84 billion Yuan(aprox. 12.3 billion US dollars), the bearing output 8 billion set of economic output goals.” On June 26, Chinese Bearing Industrial association honorary Director Zhang Qiaofan indicated at this association six session of general meetings that, our country bearing industry each work all obtained made great strides, the industry has realized the fast steady development, became the world third big bearing to make the great nation.

Although financial crisis to bearing industry influence started from last June to appear. From Jan. to April this year, the bearing industry realization profit total amount 630 million Yuan(aprox. 100 million US dollars), reduced 29.94% compared with the same period of last year. But in April profit increased 44.94% on a month-on-month basis, although in March glide down on a month-on-month basis , but still presented grows, the benefit assumed the optimistic trend of escalation. Zhang Qiaofan believed that, at under the international finance crisis influence, the contradiction which the gradual market demand insufficiency and the domestic and foreign market competition will intensify extremely is prominent. But simultaneously also is the industry carries on the deepened reform, the adjustment structure, the promotion industry level golden opportunity. Chinese Bearing Industrial association estimated that, China bearing industry in 2009 the economic output will grow about 10%.

When reviews for 4 year development courses, Zhang Qiaofan said that, during 2005 to 2008, the industry complete product sale income and the bearing output increase progressively equally 18.52% and 19.52%, has realized the industry fast growth.

In 2008, China exports the bearing to reach 3,390,000,000 sets, grew 2.75% compared to the last year; export 2,970,000,000 US dollars, grew 38.07% compared to the last year; Imports the bearing 1,580,000,000 sets, reduced 0.73% compared to the last year with 2,690,000,000 US dollars, grew 24.99% compared to the last year. The trade surplus had achieved 280,000,000 US dollars, create historical new high.

China LYC Bearings Broken the Asian Record on Spherical Roller Processing

July, 2nd - Luoyang (e-bearings.com) At present, China LYC Bearings has broken the asian record on processing extra large size spherical roller again,which filled up the blank in domestic market. This successful development indicates that LYC Bearings has made a substantial progress in processing bottlenecks of the extra large size spherical roller.

The extra large size spherical roller of high-precision processed is a solid and symmetric product with the diameter of 150mm, height of 180mm and the finished product single weight of 23.4kg. It is 2.4kg heavier than the largest hollow spherical roller bearing in Asian, being processed by LYC company in 2008. The processing precision is up to the level of P5. The accuracy has been also improved.

Remarkably, this product is not only refresh the Asian record, but also brings the order of 1100 pcs to the company once, which is the largest order of spherical roller they ever had. The break of extra large size spherical roller processing record indicate that LYC has stepped on a new stage on product research and development, manufacturing and processing, which also established the solid base for expansion the market share of high grade products.

China Ningbo bearings exports in April exceeded 100 million sets

China Ningbo city, (e-bearings.com) - according to Ningbo customs statistics, exports 105 million sets of bearings in April 2009, worth 33.79 million U.S. dollars, respectively, increased 21.4% and 21.5% on a month-on-month basis. The average price is 0.32 U.S. dollars per set, basically the same price on a month-on-month basis.

Ningbo bearing industry's top three export markets is the European Union, India and ASEAN, respectively, exports of 8.866 million U.S. dollars, 5.596 million U.S. dollars and 3.791 million U.S. dollars, the three together accounted for 54% of total exports. The vast majority of export products is the ball bearings, worth 29.81 million U.S. dollars and accounted for 88.2 percent of total exports.

LYC Bearings Developed Large-scale Wind Bearing Tester

China, Luoyang - (e-bearings.com) With independent intellectual property rights, LYC Bearings developed the large-scale wind bearing tester to meet the technical performance testing for the wind turbine bearing. This let LYC Bearings has high reliability with a strong technical support for the company's wind power bearing producing and testing.

Simulation to take this test machine operating conditions of a wind load than a test, can simulate the wind power on the bearings in the fan installed and working conditions, the best products can detect a wide range of friction torque performance, to meet the user's wind power bearing high Personalized reliability requirements, both at home and abroad to expand the potential market for wind power bearing great significance. Recently, this test machine has been through domestic wind power of a well-known enterprises bearing the batch experiment, fully satisfy the user's technical requirements for products, a high degree of user acceptance and evaluation.

China Bearing Industry 2008 briefing report

The data shows that China Bearing Industry from January to Decembe rin 2008 industrial output value totaled 39.9032 billion yuan(about 584 million US$), up 15.65 percent; industrial sales output value of 39.3753 billion yuan, up 13.10 percent; 10,262,700,000 yuan industrial added value, an increase of 9.55 %.

1-12 months in 2008, a total of 101 enterprises producing sets of bearings 2,630,500,000, representing a decrease from the same period in 2007 sets 43,900,000, up 1.64 percent reduction; bearing sales of 2.734 billion units, representing a decrease from the same period in 2007 sets 75,500,000; the same period last year to reduce the 2.69%; bearing exports set to 1,235,000,000, representing a decrease from the same period in 2007 sets 269,600,000; 17.92 percent year-on-year reduction; bearings from stock sales in 2007 of 3.732 billion yuan over the same period increased to 4.467 billion yuan, an increase of 19.72%.

In 2008, due to the impact of financial crisis, from January to June the industry's leading enterprises the main business income and the bearing business income, respectively, over the same period in 2007 increased by 26.46% and 20.96%; to these two figures by the end of 2008 has fallen to 15.61% and 11.42%.

Income from exports, the industry in 2008 January to June bearing products mainly export revenue in 2007 grew by 16.37 percent over the same period; to the end of 2008 fell to 11.06 percent.

From the profit situation, the industry in 2008 January-June profit growth of major companies 18.16%, to the end of 2008 fell to 4.44 percent.

The China Chengdu Tianma wind power bearing project goes into production

May 11, with a total investment of 550 million yuan in Chengdu Tianma Railway Bearing Co., Ltd. precision bearings wind turbine projects have been formally put into operation in Chengdu. The project will be an annual output of wind power bearing (yaw and pitch bearings) 1.2 million units in 2010 to reach 20,000 sets of production capacity in the China domestic market share of more than 60%.(more on http://www.e-bearings.com/bearing-news/the-china-chengdu-tianma-wind-power-bearing-project-goes-into-production.html)

China Wafangdian City's Bearing output value in 2009 will reach 50 billion yuan

The most important bearing enterprise of China, the ZWZ Bearing, in Wafangdian has a reputation and influence in China. Now, there are more than 500 large and small bearing manufacturers in the city, has become a well-deserved name of "City of Bearing" for Wafangdian in China.

As the "City of Bearing", Wafangdian city's bearing output value will reach 50 billion yuan(about 735 million US dollar).