Xiangyang Automobile Bearing Co., Ltd. was founded in 1968. It is a national project dedicated to manufacturing supporting bearings for my country's automobiles with a national investment of 120 million yuan during the fourth five-year plan. The shareholding reform was completed in 1993, and it was listed on the Shenzhen Stock Exchange in 1996 (code 000678). In 2003, it successfully implemented the reform and reform work with the main content of "state-owned employee identity conversion", and nearly 10,000 employees completed the identity conversion at one time. In April 2009, the strategic restructuring was successfully implemented with the Third Ring Group, and the actual controller of the company was changed to Hubei Third Ring Group Co., Ltd. The Sanhuan Xiangxiongshaft Industrial Park, which invested 3 billion yuan in 2011 and covers an area of ​​1,070 mu, is an automobile bearing industrial park built by the bearing industry at one time.

In August 2013, with the strong support of the Third Ring Group, Xiangxiong successfully acquired Krashink Rolling Bearing Co., Ltd. (KFLT), a larger bearing company in Poland, and entered the ranks of multinational companies. Sanhuan Xiangxiong Company currently has more than 4,500 employees, total assets of 2.46 billion yuan, more than 4,000 sets of main equipment, and an annual production capacity of 70 million sets. It is a Chinese automobile bearing manufacturer and a national bearing export base.

Over the years, Xiangxixib has won the trust of users with its excellent product quality, established the brand image of "ZXY" bearings in the automotive industry and auto parts market, and has a high reputation in the bearing industry and auto parts industry. Xiangxiong has an engineering technology center specializing in the research and development and application of new products and new technologies of automobile bearings. It has a large number of senior engineering and technical personnel engaged in the development of new products. In addition to automobile bearings, it also involves many fields such as machinery, agricultural machinery, home appliances and wind power. Bearing products.

The company's technical R&D capabilities are at an advanced level in the domestic automotive bearing industry, among which a number of technologies such as reinforced tapered roller bearings, full-roller cylindrical bearings, automotive air conditioning compressors and clutch bearing simulation test machines have national patents. The company's products have the ability to match the entire vehicle with Dongfeng, Jiefang, Sertai, Beifang Mercedes-Benz, JAC, BAIC Foton, Yuejin, Isuzu and other series of bearing products, and can design and manufacture various bearings and parts products for users with special purpose. .

Xiangxiong Company has now formed a system of supporting bearings for various models such as heavy, medium, light, micro, and sedan. It has established 28 sales branches across the country, built 14 distribution centers, and its sales and service network covers all major cities across the country. In the city, ZXY brand bearings enjoy a high reputation in the auto parts market, and their products are exported to Europe, America, Southeast Asia and other countries and regions.

Xiangxiliary established the corporate development strategy of "building a first-class automotive bearing research and development and production base in China". The company is further improving the transformation of the sedan bearing project, introducing advanced foreign sedan bearing production technology and equipment, and forming the ability to mass produce sedan bearings. , and also expand the ability to produce heavy truck bearings. At present, Xiangxixiong is planning and building the "Xiangxiong Industrial Park" to build a "China's first-class and internationally advanced" automotive bearing research and development and production base, and work tirelessly to build China's high-quality automotive bearings.