2021 August ITS News Recommendation-2020 China Machinery Industry Top 100 List includes three bearing enterprises
On July 28, 2021, the 17th China Machinery Industry Top 100, Automobile Industry Top 20, Components Top 30 Enterprise Information Conference was held in Deyang, Sichuan. The conference aims to summarize the achievements of the machinery industry in the past year, further play the leading role of the backbone enterprises in the industry, guide the enterprises in the industry to continue to be stronger, better and bigger, accelerate industrial transformation and upgrading, cultivate new momentum for development, and promote high-quality development of the industry.
In the past year, my country’s machinery industry faced a complex and changeable external situation. In accordance with the overall deployment of the Party Central Committee, we insisted on coordinating epidemic prevention and control and economic development, and achieved good results in that major economic indicators rebounded more than expected throughout the year.
Last year, the added value of the machinery industry increased by 6% year-on-year, 3.2 and 2.6 percentage points higher than that of the national industry and manufacturing industry in the same period; operating income was 22.85 trillion yuan, a year-on-year increase of 4.49%; total profits were 1.46 trillion yuan, a year-on-year increase of 10.4%.
Since 2021, the machinery industry has continued to move forward under pressure and strive to maintain stable economic development. The added value of the machinery industry from January to June increased by 22.3% year-on-year, which was 6.4 percentage points higher than that of the national industry. Among the 121 major products monitored, 114 have increased year-on-year, accounting for 94.21%. On the whole, it is not easy for the machinery industry to maintain a stable and positive development trend last year.
100 companies including Weichai Holding Group Co., Ltd. were selected as the "Top 100 Chinese Machinery Industry in 2020". Twenty companies including Shanghai Automotive Group Co., Ltd. were selected as one of the “2020 Top 20 Complete Vehicles in the Auto Industry”. Thirty companies including Weichai Holding Group Co., Ltd. were selected as "Top 30 Parts and Components 2020".
Among them, there are three domestic bearing enterprises selected in the list of ' 2020 China ' s mechanical industry top 100 ' : Zhejiang Renben Industry Co., Ltd., Wafangdian Bearing Group Co., Ltd., Luoyang LYC Bearing Co., Ltd. ( 24 th, 69 th, 73 th ).
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The ITS team has been engaged in manufacturing bearings and international trade for more than 20 years. ITS's products are ball bearings, roller bearings, mounted units, linear bearings, stamping bearings, plastic roller bearings and automotive hub units. These are widely used in automotive aftermarket, mining & construction, agriculture, machine tools, household equipment, etc.
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