Cylindrical roller bearing for the healthy development of the industry provides a good opportunity for development

second five "development plan" put forward, "Twelve Five" period, the bearing industry's main business grew 11.84 percent average annual production average annual growth of 13.30%, industry profits grew 13.90 percent average annual total goals. This reflects the country fully affirmed the important status and role of the bearing industry in the national economy, as well as support for the development of industrial Cylindrical roller bearing  for the healthy development of the industry provides a good opportunity for development.
According to Mr. Li Northwest bearing, general manager of introduction, Northwest Bearing developed " wind power generation equipment spindle bearings" project, designed to meet the requirements of the user direct drive wind turbines. Can not only improve the company's own income, but also effectively promote the local wind power equipment, downstream industrial agglomeration and development in  and promote the formation of the wind Tapered roller bearings power industry development and industry chain, has far-reaching implications for industrial restructuring, transformation of economic growth mode; company developed the "heavy-duty vehicle nose cone bearing" project, in addition to improving the company's revenue, but also by dump truck with a nose cone bearing development, open-highway heavy-duty dump truck bearings supporting the localization market; company developed "Metro (light rail) development and application of bearings "project, if successfully implemented, can promote China's subway cars bearing domestic work, breaking the monopoly of foreign technology, reduce procurement costs and improve the ability to self-repair, revitalize national industry, to promote the development of China's rail transportation equipment manufacturing and upgrades.

Cylindrical roller bearing into account the intensity of competition in the industry

Core assumptions (1) Consolidated Company 2014 after taking into account the various types of equity investment and equity investment and non-bearing production line will be gradually put into full production, and the industry boom downturn trend will continue for some time, we have production capacity of the company to raise investment Cylindrical roller bearing projects after the release of the results of the contribution cautiously optimistic. Assuming 2014-2015, the company bearing business will achieve 18% and 15% growth in the spindle business will achieve 5% and 10% growth, bearings and Cylindrical roller bearing steel trading income remained shrinking trend, but the decline narrowed, respectively, to achieve -28% -25% growth.
(2) Taking into account the intensity of competition in the industry, and the company bearing high-speed rail Precision Bearing project and the robot can contribute to the results take time, we assume that products bearing the company's gross profit margin decreased slightly steady, 2014 - 2015 gross profit margin of 24.50%, respectively, and 24.00 %, spindle product gross margin remained at around 5% level; bearings and bearing steel trade continues downward trend, respectively, 1.50% and 1.50%.
(3) We assume that the company can maintain the current level of government subsidies and corporate tax levels.
The main risks (1) the risk of a further decline in downstream demand; risk (2) changes in tax policies; (3) the company raised investment project progress is slower than expected risk.

Its main function is Cylindrical roller bearing to support the mechanical rotary member

Our bearing forging industry developed rapidly, which have a more positive impact for the smooth bearing steel market. Currently the demand for high-end bearings are now substantial growth, such as a ball screw support with precision angular contact ball bearings, aerospace bearings, precision bearings for machine tools photovoltaic industry, high-speed spindle bearings, turntable bearings, wind power bearings, Tapered roller bearing  bearing high-speed rail , automotive bearings, crane sheave bearings, turbocharger bearings, hydrodynamic bearings.
Bearing is a kind of modern machinery and equipment vital components. Its main function is to support the mechanical rotary member, the drive device for reducing the mechanical load during the friction coefficient. Rolling bearings and sliding bearings can be divided into two categories.
After the founding of new China, a strong push in the reform and opening up, the bearing industry has entered a slim section ball bearing new period of rapid development of high quality, has achieved a small to large, from weak to strong development strategy, the formation of the layout is reasonable, medium and small Enterprise coexist relatively complete product of relatively complete industrial system.
Now, with the national attention, and bearing trend on the domestic equipment manufacturing industry has become increasingly evident that China bearing market will usher in a broader space for development.