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Lixing Group has signed a strategic cooperation agreement with Luozhou Bearing and Harbin Bearing, and announced the establishment of a new company called “Lixing New Energy Technology.”
Release time:
Dec 21,2024
On December 18, 2024, Lixing Group signed a strategic cooperation framework agreement with Luoyang Bearing Group Co., Ltd. (hereinafter referred to as “Luozhou”) and Harbin Bearing Manufacturing Co., Ltd. (hereinafter referred to as “Harbin Bearing”). The companies also officially announced the establishment of a new company named “Lixing New Energy Technology.” This marks Lixing Group’s strategic deployment in the northern market and underscores its long-term goal of deepening its expertise in the new energy technology sector and leading industry development.
Shi Xianggui, Chairman of Lixing Group, and Wang Xinying, Chairman of Luoyang Bearing Group Co., Ltd., signed the agreement on behalf of their respective companies. 
Shi Bo, President and CEO of Lixing Group, and Xue Kunpeng, Executive General Manager of Harbin Bearing Manufacturing Co., Ltd., signed the agreement on behalf of their respective companies.
As established leaders in China’s bearing industry, Luozhou and Harbin Bearing boast deep technological expertise, sophisticated manufacturing processes, and extensive market influence. This strategic partnership between the two companies represents a powerful alliance built on complementary strengths and shared resources. By integrating their core advantages in technology R&D, production manufacturing, and market channels, they will jointly create a more competitive and innovative industrial ecosystem, fully prepared to meet future market challenges and seize emerging opportunities.
The newly established “Lixing New Energy Technology Co., Ltd.” (hereinafter referred to as NET) will focus on cutting-edge technology research and product development applications in silicon nitride ceramics and related derivative fields. Guided by market demand and driven by technological innovation, NET is committed to developing efficient, reliable, and environmentally friendly solutions that span multiple sectors, including new-energy vehicle components, precision machine tools, medical equipment, robotics, and more.
The signing of the Northern Capacity Transfer Strategy and the establishment of NET New Company represent Longstar Group’s long-term strategic decision, driven by its precise insights into global market trends and industry development directions. This strategic move will help the Group further optimize its product mix, expand its business scope, and enhance its overall competitiveness.
More information
Stock Code:300421
Fax: 0086-513-87516774
E-mail: xwu@jgbr.cn
Address: No. 68 Xingyuan Avenue, Rugao City, Jiangsu Province, China.
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