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Official Announcement | Lixing Shares Signs Strategic Cooperation Agreement with Wuzhou Xinchun Group
Release time:
Jan 12,2026
Jointly promote global collaborative development in the fields of intelligent bearings and lead screws.
Recently, Jiangsu Lixing Co., Ltd. and Wuzhou Xinchun Group officially signed a strategic cooperation agreement in Xinchang, Zhejiang Province. The two parties will engage in in-depth collaboration in the fields of bearings and related key components, jointly building a long-term strategic partnership characterized by mutual benefit, win-win outcomes, and sustainable development, and accelerating their coordinated global market expansion.
This agreement was signed by Shi Bo, President of Lixing Shares, and Zhang Feng, Chairman of Wuzhou Xinchun Group, representing their respective sides. At the signing ceremony, senior company executives—including Wang Xueyong, Vice Chairman of Wuzhou Xinchun Group, and Sha Xiaojian, Head of New Energy Technology at Lixing Shares—attended and jointly witnessed this significant moment.
Front row, leftmost: Zhang Feng, Chairman of Wuzhou Xinchun Group; front row, rightmost: Shi Bo, President of Lixing Shares; back row, third from the left: Wang Xueyong, Vice Chairman of Wuzhou Xinchun Group.
Complement each other’s strengths and solidify the foundation for strategic cooperation.
According to the agreement, Wuzhou Xinchun Group, as an internationally renowned manufacturer and developer of bearings and lead screws, boasts a mature technological system, strong brand influence, and extensive market coverage. Lixing, the world’s second-largest manufacturer of rolling elements, enjoys significant advantages in product quality stability and market recognition. The core competencies of both parties in the bearing and related fields are highly complementary, laying a solid foundation for deepening their cooperation.
Both parties unanimously agreed that establishing a closer strategic collaboration mechanism would help further enhance overall operational efficiency, optimize cost structures, and jointly advance their respective market expansion strategies, thereby continuously creating greater business value.
Focus on high-end applications and deepen collaboration across multiple fields.
Regarding this strategic cooperation, both parties will take the signing of the agreement as a new starting point and focus on carrying out comprehensive collaboration in the following areas:
High-precision bearings for machine tool spindles
Steel balls and ceramic balls for high-speed bearings used in new-energy vehicle wheel hubs and motors.
Micro and small steel balls and ceramic balls for humanoid robots and lead screw components.
The collaboration will cover the demand for rolling elements in a variety of application areas, including industrial machinery bearings and automotive component bearings. By jointly advancing key products and application scenarios, Lixing will help Wuzhou Xinchun further enhance its product competitiveness and support its business expansion into overseas markets such as North America and Mexico, thereby fostering long-term, stable, and mutually beneficial cooperation between the two parties.
Looking ahead, let’s join hands to expand into the global market.
The signing of this strategic agreement marks the entry of Jiangsu Lixing and Wuzhou Xinchun into a new phase of systematic and long-term cooperation in the fields of bearings and rolling elements. Both parties stated that, in the future, they will fully leverage their respective strengths in technology, manufacturing, and market presence to deepen collaboration across a broader range of application scenarios and global markets, jointly promoting the high-quality development of the high-end bearing and critical basic component industries.
More information
Stock Code:300421
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