
The focus of the signing of the seven projects, with a total investment of 930 million yuan, involving the production and processing of bearings and auto parts and other high-end equipment manufacturing industry.

At present, TCCI has completed the complete independent development of main bearings from small diameter to super-large diameter, and has achieved the full coverage and localisation of the main bearing product spectrum from 3m diameter to 8.61m diameter.

The cooperation between the two companies will not only bring more comprehensive solutions to end customers, but also traverse the current business development and provide experience in green low-carbon and sustainable development.

The so-called bearing clearance refers to the amount of movement when the bearing is not mounted on the shaft or the bearing box, when the inner ring or the outer ring is fixed on one side, and then the unfixed side is moved in radial or axial direction.

The newly launched ZWZ Legacy series of products is a new high-end series of products under the ZWZ brand of Wajax Group.

In 2023, SKF resolved to invest SEK 3 billion in achieving the goal of decarbonising its own operating side by 2030, announcing a ban on the use of any fossil fuels and plans to replace existing fossil fuels by 2029 with renewable or approved non-fossil energy sources.

With the continuous improvement of its local R&D and innovation capabilities, the company will deeply integrate into the Chinese market and contribute to the development of the industry in the fields of electrification, intelligence and digitalisation.

In June this year, Tosyali Turkey 1800mm hot rolling project constructed by Sinosteel equipment was officially put into production.

In recent years, Lingbi County to seize the Yangtze River Delta regional integration and development, northern Anhui to undertake industrial transfer agglomeration area construction, the county's new urbanisation to make up for the shortcomings and strengthen the weakness of the demonstration of the construction of major national strategies, anchored in bearing characteristics of the industry as the leader of the main direction of the development of intelligent equipment manufacturing industrial clusters, and strive to build a high-quality bearings in the country has an important influence on the production base.

A total of 36 award-winning projects were selected, and the "Innovative System and Key Technology Development and Application of Guided Rubber Wheel System (Yumba)", which was developed by BYD and participated by relevant units, won the first prize of the 2022 China Urban Railway Transportation Association's "Scientific and Technological Progress Award for Urban Railway Transportation".