Industry News

   Pegasus shares mid-year report 2011, released today, the main results of operations are as follows: first half of 2011 the company achieved operating income of 1.672 billion yuan, an increase of 2.91%; to achieve 281 million yuan net profit attributable to parent company, an increase of 2.57%, brass bushing diluted Earnings per share was 0.24 yuan.

   At 13:40 on August 12, DU bushing Wutongqiao Squadron received Detachment Command Center dispatch command, said the area bridge boiler plant behind the place with houses of fire, the fire was burning fiercely, is becoming a spreading trend, the situation is grim, you squadron quickly to dispose of. Alarm,Mould guide plate the tank squadron quickly dispatched three fire engines, a rescue vehicle to the scene after 40 minutes of struggling to put out the fire at 14:20 was successfully extinguished, the maximum saved people's lives and property damage.
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  As a high-speed rail-based high-speed trains bearing parts of the field, the Swedish SKF, German FAG, NTN Japan and other international giants are firmly occupy the Chinese market. R & D and high-speed bearings as soon as possible to solve application problems, will this "bushing small but important" short board make up, has become a major task of China's bearing industry.

  "The more difficult the more forward!" Parts for China's enterprises should be so. Understand the industry status quo, to see the opportunities for development, is the current economic situation, the most extensive parts enterprises should take priority.DU bushing For the real strength of the parts business, the entire parts industry, "the best of times" is to appear.

     Nanjing Bearing Co., Ltd. is a professional Zhuo selling famous domestic and imported bearings of the company. The company with strong financial strength, HRB Harbin Bearing Manufacturing Co., Ltd. Nanjing is the only designated authorized agents. Luoyang LYC Bearing distribution company, Northwest NXZ bearings, Sweden SKF Bearing, FAG Bearing Germany, Japan NSK Bearings, DU bushing INA Bearing Germany, Japan ITN bearings, bearings and other domestic U.S. TIMKEEN well-known brands.
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   Short board: high enough

    Compared with independent intellectual property rights in China have high-speed EMU technical reality, supporting the localization of the bearing application is still blank, which is seeking high-end equipment in the manufacturing industry is a short board.

   Investment Highlights:

We are different from the market point of view: the existing business, focusing on promising railway bearings, railway bearings next five years, heavy truck market transformation capacity of $ 36 billion, will lead the rapid growth of rail bearing markets; shared policy priorities to support, DU bushing the product structure upgrading, integration and import substitution industry's future performance will be rapid growth of the most important driving force.

    International Bearing Industry through the fierce market competition, survival of the fittest, mergers and acquisitions, ten years ago, Mould guide plate eight multinational companies have formed the dominant pattern, its market share reached 80%.

    Shandong bearing industry after years of development, has become one of the country bearing province, ranking third in total size. Existing large and small, bearing more than 2,000 enterprises with annual sales of more than 200 billion, of which the scale bushing (20 million) more than 150 companies with annual sales of nearly 80 billion yuan. At the recently held Second Shandong axis co-first enlarged meeting of the Council, bearing in Shandong Province Fastener Association, Liu Dongfu made this opening. Although no one can still "Wahaluo" comparable companies, but medium-sized and growing business or bearing parts step by step onto the bearings in Shandong province of location.

   Wafangdian Bearing Group Co., Ltd. (hereinafter referred to as "ZWZ") is the birthplace of Chinese bearing industry, is China'sDU bushing largest bearing manufacturers, ranked eighth in the world bearing industry. ZWZ leading products is a major technical equipment supporting bearings, rail bearings, automotive vehicles, bearings, bearing new energy sources such as wind power, more than 16,000 kinds Mould guide plate of bearing products all have independent intellectual property rights. ZWZ ZWZ trademark was recognized as China Well-known trademarks.