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Jilin Heavy Metallurgy Bearing Technology Co., Ltd.DrivesTechnologicalInnovationandSupportsHigh-QualityDevelopment Recently, Jilin Heavy Metallurgical Bearing Technology Co., Ltd. has made new progress in technology research and development, intelligent manufacturing and market expansion, and continues to provide global customers with high-quality bearing products and professional solutions.   As a modern bearing enterprise integrating R&D, production, sales and service, the company has introduced advanced production equipment and testing instruments, established a sound quality management system, and its products are widely used in metallurgy, mining, construction machinery, wind power generation and other fields, and are exported to Europe, America, Southeast Asia, the Middle East and other countries and regions.   The company consistently adheres to the business philosophy of "quality first, innovation-driven, and customer foremost," continuously increasing investment in research and development to improve product performance and reliability. In the future, Jilin Heavy Metallurgy Bearing Technology Co., Ltd. will continue to deepen its expertise in the bearing industry, promote industrial upgrading, and contribute to global industrial development.  

In recent years, with the continuous acceleration of the transformation and upgrading of China's equipment manufacturing industry, precision bearings, as the core basic components of industrial equipment, have seen rising market demand and higher technical requirements. Located in Changchun Automobile Economic and Technological Development Zone, Jilin Zhongye Bearing Technology Co., Ltd. relies on the advantages of the northeast industrial base, devotes itself to the R&D and sales of bearings, and empowers the quality and efficiency improvement of the regional and national equipment manufacturing industry with professional technologies and high-quality products, becoming a vibrant emerging force in the bearing industry. Founded on October 28, 2021, Jilin Zhongye Bearing Technology Co., Ltd. is situated in Changchun, the first automobile industrial base in New China. Relying on the profound industrial heritage and complete industrial supporting facilities in the region, the company focuses on core businesses such as mechanical equipment R&D, and sales of various bearings and transmission components. It mainly deals in a wide range of bearing products including high-speed precision heavy-duty bearings, tapered roller bearings and deep groove ball bearings, which are widely used in many key industrial fields such as automobile manufacturing, metallurgy, high-speed rail and mechanical transmission, fully meeting the diversified and customized needs of customers in different industries. Since its establishment, the company has always adhered to the development philosophy of "Quality First, Technology Core, Service-oriented", rooted in the bearing segment market, continuously optimized the product system and strictly controlled product quality. Relying on its accurate grasp of industry trends, complete supply chain system and attentive pre-sales and after-sales services, Jilin Zhongye Bearing Technology has quickly opened up the market, established long-term and stable cooperative relations with many equipment manufacturing enterprises, and won wide recognition and good reputation from customers for its reliable product performance and efficient services. As a technology-based enterprise focusing on scientific research and market application, Jilin Zhongye Bearing Technology takes root in the industry track, accurately connects with the upgrading needs of industrial equipment, continuously deepens the precision bearing field, and improves the technical content and market competitiveness of products. Relying on the advantages of Changchun automobile industry cluster, the company actively integrates into the regional industrial chain, boosts the localization process of core parts of automobiles and high-end equipment, and injects new vitality into the revitalization of the old northeast industrial base. In the future, Jilin Zhongye Bearing Technology Co., Ltd. will continue to stay true to its original aspiration, strive in the precision bearing field, continuously increase technical optimization and product innovation, and enhance its core competitiveness. With better products and more professional services, the company will further develop the domestic market and expand industrial cooperation, help China's high-end equipment manufacturing industry break through the bottleneck of key components, and contribute more to promoting the high-quality development of the industrial manufacturing industry and facilitating the all-round revitalization of Northeast China.

On October 11, ZWZ (Wafangdian Bearing Group Corp.) was honored with the Silver-level ISO 22163 quality management system certificate for the European railway industry, becoming the first enterprise in China's bearing manufacturing industry to receive this accolade. The ISO 22163 quality management system, as a globally authoritative certification standard for the railway industry, its tiered certification represents the highest recognition of a company's exceptional quality management capabilities. All along, ZWZ Group has consistently adhered to the business philosophy of "quality above all," establishing a "3C + PDCA" quality management model. With the quality management policy of "respecting rules and procedures, getting it right the first time, continuously improving, enhancing customer satisfaction, and improving customer experience," the group is fully committed to providing full lifecycle system solutions for customers in the rail transit sector. The company, adhering to its established quality management model and centered around its core corporate philosophy, adopted a regular project management audit approach to enhance the effectiveness of its quality management system. Through rigorous control guided by problem-orientation, goal-orientation, and result-orientation, starting from the beginning of the year, the company drew on experiences, benchmarked against silver-level standards, and meticulously reviewed 33 clauses to accurately identify areas for improvement. It sorted out and identified the core quality management processes driving the company's operations, promoting the efficient operation of the quality management system in the rail transit manufacturing sector. Ultimately, during the annual audit by Laishang Company (TVRhcinlan), it achieved outstanding results with a system maturity score of 72%, a customer satisfaction score of 78%, and a performance evaluation score of 80%, earning full recognition from the expert panel. This certification not only serves as an authoritative recognition of the effectiveness ofZWZ's current quality management system but also establishes its benchmark position in system management within the domestic bearing industry. The company stated that in the future, it will continue to deepen system construction, constantly pursue higher performance goals, and inject sustained impetus into the development of ZWZ's quality management system towards an even higher standard.

On the evening of January 18, 2026, ZWZ Bearing Corporation disclosed an announcement stating that its controlling shareholder, Wafangdian Bearing Group Co., Ltd., had issued the "Tender Offer Report," intending to initiate a comprehensive tender offer with the aim of terminating the company's listing status. The tender offer price was set at 2.86 Hong Kong dollars per share, involving 158.6 million freely tradable shares, with a maximum total funding amounting to 454 million Hong Kong dollars. ZWZ B was listed on the Shenzhen Stock Exchange in March 1997. As of now, the company has a total share capital of 403 million shares, with ZWZ Group holding 244 million shares, representing a 60.61% stake. The remaining 39.39% equity, equivalent to 158.60 million freely tradable B-shares, will be fully covered by this tender offer, which also reflects the strategic adjustments of domestic veteran bearing enterprises amid performance pressures and changing market conditions.This tender offer has specific conditions for effectiveness, requiring that the proportion of shares held by the public be less than 10% after the acquisition. The acquisition period spans 39 calendar days from January 20 to February 27, 2026. According to disclosures, since the ZWZ Group's Party Committee decided to initiate the voluntary delisting process on November 17, 2025, all necessary decision-making procedures have been efficiently completed. ZWZ Group stated in the report that since 2025, the superposition of multiple adverse factors has further restricted the operations of ZWZ B and continuously increased its financial risks. To safeguard shareholders' interests and fulfill the responsibilities of a state-owned enterprise, it has decided to promote the company's delisting. Behind this decision lies the long-term pressure faced by the enterprise in its operational status. ZWZ has recorded losses in its non-recurring profit and loss for 12 consecutive years and suffered net profit losses for six consecutive years. In the first three quarters of 2025, it reported a net profit loss of 29.5136 million yuan and a non-recurring profit and loss loss of 45.6810 million yuan, with its asset-liability ratio reaching a high of 91.90% by the end of the third quarter. Although revenue in the first half of 2025 increased by 18.55% year-on-year and the loss margin narrowed, the profitability of its core business remained unimproved. The increase in cases of active delisting is a manifestation of the role of the “survival of the fittest” mechanism in the capital market. When the listing status cannot bring more gains, active delisting is a pragmatic choice. After a successful delisting, Wacker B can get rid of short-term performance pressure and achieve long-term transformation through business integration with the support of major shareholders. As the ninth company to announce an active delisting since 2025, the privatization process of Wacker B will provide a reference for similar companies. The editorial department of Bearing Home will continue to pay attention to the progress of the proposed acquisition. If it is successfully implemented, Wazhuo B is expected to focus on business adjustment and transformation with the support of Wazhuo Group, and this case will also provide new thinking for the marketization and institutional reform of the bearing market.

The world's first 4000-ton crane slewing bearing bearing came out,Recently, Waxin successfully developed the world's first large-tonnage slewing bearing bearing for the core component of a 400-ton all-ground lifting machine. The advent of this product marks that our country has made major breakthroughs in the field of core foundations and other components of ultra-large construction machinery, and has jumped to the international leading level. Facing the problem of safe and efficient hoisting of large-scale fans brought about by the upgrade of the wind power industry to high-power units of 8 megawatts and above, Wa Axis has concentrated on intelligent research and achieved systematic breakthroughs in the fields of materials science, mechanical design, simulation and calculation, and precision manufacturing, and successfully overcome the difficulties of R&D and manufacturing of this key bearing. This type of slewing bearing is currently the only domestic core component that can meet the overall hoisting needs of all large-scale wind turbines of 8 megawatts and above on land, and will become a strong support for the main wind power hoisting models in the future. With the green development of high-power wind power and the release of demand for equipment renewal, the potential for economic value growth in the coming years is huge.

According to information from the State Intellectual Property Office, Wafangdian Zhongke Precision Bearing Manufacturing Co., Ltd. has obtained a patent called “A sheet stamping die with collection function”, authorized announcement number CN223761947U, and the application date is February 2025. The patent abstract shows that the utility model discloses a sheet metal stamping die with a collection function, which belongs to the technical field of stamping die and includes a mold base. One side of the top of the mold base is provided with a jacking structure. The jacking structure comprises a rotating block, and the rotating block is rotationally connected to the mold base.At the top of the rotating block, one side of the rotating block is fixedly connected with a top block, the other side of the rotating block is fixedly connected with a lever, and a finite position hole is opened at one end of the rotating block. The sheet stamping die with the collection function, by setting the rotating block, the top block and the derailleur, the remaining waste of the sheet placed inside the placement groove needs to be removed and replaced after the stamping process. The personnel use the connecting rod to extract the limit plug-in rod from the inside of the bit hole groove, and then through the connecting rod, the limit plug-in rod is extracted from the inside of the bit hole groove.The press of the lever causes the rotating block to drive the top block to tilt up, so that one end of the plate scrap stuck inside the placement slot is lifted up, so that it is convenient for personnel to take out the plate scrap stuck inside the placement slot for replacement. Tianyan checked the data to show that Wafangdian Zhongke Precision Bearing Manufacturing Co., Ltd., established in 2008 and located in Dalian City, is a company mainly engaged in general equipment manufacturing. The registered capital of the enterprise is 20 million yuan. Through Tianyan's big data analysis, Wafangdian Zhongke Precision Bearing Manufacturing Co., Ltd. has 1 trademark information and 15 patent information in terms of property clues. In addition, the company also has 5 administrative licenses.

Our city held the 2025 Wafangdian bearing industry solid chain extension production and demand docking meeting. Representatives from national and relevant provincial bearing associations, well-known enterprises and scientific research institutes in Beijing, Wuhan, Jiangsu, Zhejiang, Shandong, Shanghai and other places gathered together to focus on in-depth discussions on the precise docking of supply and demand, the efficient integration of innovative resources, and the in-depth empowerment of financial power, so as to build consensus in the docking of supply and demand, and in collaborative innovation.Solve difficult problems, jointly promote China's bearing industry to the middle and high-end of the global value chain, inject strong kinetic energy into the high-quality development of our city's bearing industry, and contribute to the construction of a manufacturing powerhouse “Wafangdian Power”. Feng Meng, deputy director of the Provincial Department of Industry and Information Technology, Ma Yingji, secretary of the Municipal Party Committee and director of the Standing Committee of the Municipal People's Congress, attended the meeting; Mayor Sun Zong attended the meeting and delivered a speech. Zhou Yu, Chairman of China Bearing Industry Association, Niu Hui, Secretary-General, and Xu Xiaodong, Deputy Director of Dalian Municipal Bureau of Industry and Information Technology, were invited to attend the meeting. In the demand release and corporate promotion links, CRRC Dalian Rolling Stock Co., Ltd., Northeast Special Steel Group Co., Ltd., Wafangdian Bearing Group Co., Ltd., Dalian Metallurgical Bearing Co., Ltd., Wafangdian Metallurgical Bearing Group Co., Ltd., Wuhan Huazhong Cnc Co., Ltd., Zhejiang Rifa Precision Machine Tool Co., Ltd. and Xingtai (Jiangsu) Precision Machinery Co., Ltd.Co., Ltd. and other participating companies focused on core issues such as stable supply of raw materials, collaborative research and development of key components, upgrading of precision machining technology, and precise matching of market supply and demand. In-depth discussions and pragmatic docking have effectively tapped the huge potential for the collaborative development of the industrial chain and laid a solid foundation for follow-up cooperation. In addition, China Post Savings Bank introduced financial services tailored for the bearing industry, so that enterprises can truly feel the strong support of financial institutions for industrial development; China Unicom (Dalian) Industrial Internet Research Institute introduced the function of the “Bearing Industry Brain” of Liaoning Province's “Unveiling the List” project, demonstrating digitization and the bearing industry.Broad prospects for integration.

On July 7, 1937, the "Marco Polo Bridge Incident" erupted, and Japan occupied the entire Northeast region of China within three months, subsequently launching a full-scale invasion of the country. The Japanese ruthlessly plundered China's resources, monopolized industry and commerce, and implemented a policy of "sustaining the war through war," aiming to permanently occupy and colonize the Northeast and gradually devour all of China. In 1938 alone, over 200 factories were established in the Northeast to serve the war effort, with the Manchuria Bearing Manufacturing Co., Ltd. (the predecessor of Wafangdian Bearing Factory) being one of them. In 1938, the Japanese Toyo Bearing Manufacturing Co., Ltd. acquired 30 acres of land in the northern suburb of Fuxian (now Wafangdian), Liaoning Province, to establish the Manchuria Bearing Manufacturing Co., Ltd., with a total investment of 2 million yen. After nearly two years of construction, it was completed on April 1, 1940. At that time, it had five workshops (referred to as "jichō" by the Japanese at the time), employing over 400 Chinese, Japanese, and Korean workers, and equipped with more than 30 machine tools. Initially, it produced single-row ball bearings and bearing components. Around 1947, the bearing factory mainly undertook ordnance repair work. On January 1, 1949, the Northeast Machinery Industry Administration took over the former Manchuria Bearing Manufacturing Co., Ltd., and renamed it Wafangdian Ball Bearing Factory. In May of the same year, three production units for turning, grinding, and heat treatment, as well as a machinery branch factory, were established, and production was officially resumed. In June 1949, steel balls and cages were successfully trial-produced. In September, industrial bearings independently manufactured by the Chinese were successfully trial-produced, fulfilling the aspiration to present them as a gift for the founding ceremony of the People's Republic of China. When the Korean War broke out in 1950, as the earliest established key bearing enterprise in China, some workshops and employees of Wafangdian Ball Bearing Factory relocated northward to Xiangfang District, Harbin in October to establish the Northeast Machinery No. 14 Factory (the predecessor of Harbin Bearing Factory), which commenced production in October 1951 and became the first bearing enterprise established after the founding of New China. In 1953, the first set of automotive bearings in China was produced. In 1989, Wacker began to intervene in the field of automotive bearings, and in 1995, the bearing factory was restructured and established. During the reform of state-owned enterprises, Wa Axis cadres, party members and workers fully played a leading role and used practical actions to help Wa Axis survive that difficult period. In the new century, it has successively developed and produced insulated bearings, megawatt wind power generation bearings, cement roller press accessories bearings, and completed a series of overseas acquisitions. Eighty-six years of ups and downs have created the vigorous development of the tile shaft today.

"Liaoning Youpin” is a public brand created by the Liaoning Provincial government. It aims to focus on products and services with obvious advantages, distinctive characteristics, and good resource endowments in key industries in key regions of Liaoning Province. In accordance with the principle of “high standards, strict selection, strong supervision, and traceability", a group of brand management sciences have been cultivated.A first-class brand enterprise with standardization and steady improvement of quality and efficiency, and a group of “Liaoning Youpin” brands with excellent quality, strong competitiveness, obvious driving effect and high market share have been created. 　　 All along, Wazhong Group has always been oriented to customer needs, adheres to the business philosophy of ”quality first", and iteratively solves the technical problems of “stuck neck” in wind power, metallurgy, mining, papermaking and other industries with technology, and joins hands in the industrial chain to build a joint laboratory through breakthroughs in materials science, innovation in manufacturing processes, and expansion of application scenarios.The innovation path will continue to output internationally competitive bearing product solutions.

Wazhu Group's 2025 dealer Conference was held at Dalian Yuanzhou International Hotel. The meeting focused on the theme of "Working together and going to the new", and deeply explained that after the strategic reorganization of the company with Dalian Heavy Industry Equipment Group, the company has implemented a series of changes such as organizational optimization, built an all-round three-dimensional marketing system, and joined hands with partners from all walks of life to build the core competitiveness of the enterprise. The mission is to unite the forces of all parties and jointly promote WA.Axis business has reached a new level. Zhang Xinghai, a member of the Party Committee of Heavy Industry Equipment Group, deputy secretary of the Party Committee and General Manager of Wa Axis, delivered a welcome speech and made a keynote speech. Dealers and industry experts from all over the country gathered together to witness and work together to open a new chapter in the high-quality development of Wa Axis in the future.

Wa Axis Group has recently made a number of advances in scientific and technological innovation, product breakthroughs, and industry cooperation. Scientific and technological achievements and product breakthroughs In March 2025, seven scientific and technological achievements of Wazhong Group passed the appraisal of the China Machinery Industry Federation, two of which reached the international advanced level. ‌12 In August 2025, the world's first 4,000-ton all-ground crane slewing bearing was successfully developed, marking China's international leading breakthrough in the field of core components of ultra-large construction machinery. ‌2 In October 2025, stamped cage-type spherical roller bearings were certified by “Liaoning Youpin” and ISO 22163 International railway industry quality management system Silver certificate. Industry cooperation and market expansion In November 2025, Peng Huagang, president of the China Enterprise Reform and Development Research Association, led a team to investigate Dalian Heavy Industry Equipment Group, and Meng Wei, chairman of Wazhu Group, participated in a discussion to discuss enterprise reform and collaborative development. ‌4 In October 2025, Wa Axis Group was selected as one of the first batch of members of the “guarding brand” government-enterprise cooperation mechanism of the State Administration for Market Supervision and Administration, becoming the only selected enterprise in Liaoning.