Change reason:
The company is the largest manufacturer of automotive bearings in China and one of the five largest bases for bearing exports in China. Due to the high brand awareness of the company's products both in the domestic market and the international market, good asset quality has attracted the attention of all parties. At present, the company has a car bearing research institute that specializes in the research and design of automotive bearings and a state-level automotive bearing technology center. It has formed a system supporting bearings for various models and enjoys a high reputation in the auto parts market.
Investment highlights:
(1) "ZXY" axles are supplied by Dongfeng, Jiefang, Jianghuai, Nanjing, Chang'an, and the "Isuzu" N series models, and have formed a system of supporting bearings for various models such as heavy, medium, light, micro and passenger cars. At present, it has established 28 sales branches and 14 distribution centers throughout the country. The sales and service network has spread throughout large and medium-sized cities across the country and enjoys a high reputation in the auto parts market.
(2) The company has a car bearing research institute specializing in the research and design of automotive bearings and a national automotive bearing technology center. The company passed the ISO9001 review in the bearing industry and obtained the ISO9001 product quality certification from the US FMRC company and the TS16949 quality management system audit by the Swiss international certification body.
risk warning:
The production of steel and steel plates required by the company’s bearings continued to increase significantly, and electricity prices and oil prices also rose to varying degrees, putting a lot of pressure on the company’s production and operations.
Fuyang Bearing: higher reputation brand advantage