As the city's largest production base for manufacturing of bearing products, with an annual output of 150 million Yangtze bearing sleeve bearings and auto parts production capacity, the main products include automobile transmissions, brakes, transfer case bearings and other products. In accordance with the basis of domestic focus brands, the implementation of the first phalanx squeeze into the world's business strategy, invested 50 million yuan in recent years, the Yangtze bearings for technological research and development, and its products matching objects from the previous micro-cars, economy cars world-class high-end steering brand vehicles, has become the United States BorgWarner, Getrag in Germany, Japan, Tangshan Aisin and other Fortune 500 companies supporting suppliers to enter the Mercedes-Benz, Audi, Ford, Toyota and more than 20 well-known brands supporting chains.
"Through technology research and development to improve the added value of products and prices, to enhance the core competitiveness." Yangtze bearing official said the transition to export-oriented enterprises last year after the Yangtze bearings for export income 62 million yuan, an increase of 966 percent, ranking domestic industry first in export growth. Yangtze bearings will achieve expected export revenue 100 million yuan or more, to consolidate the domestic industry growth "top spot" position.
Tasted the innovative R & D, "happiness", now has an additional 20 million yuan Yangtze bearing investment for new product development, testing, production, etc., and to develop within two years stationed in Frankfurt, Germany, set up R & D centers in Europe for the implementation of European and American customers nearest synchronous development, implementation international strategic objectives.