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Deepen industry‑ecosystem collaboration and solidify the Group’s strategic transformation.
Release time:
Jun 26,2026
On June 22, a delegation from NTN’s China management team visited Lixing Group, where the two sides engaged in in-depth discussions on strategic cooperation in both local and global supply chains, as well as on the development of new projects.
As a key partner within NTN’s global supply chain, Lixing Group has long provided reliable rolling-element support for NTN’s worldwide operations. Over the years, the two parties have collaborated closely on technological synergy, quality control, and production capacity planning, with the scale of their cooperation steadily expanding and their areas of collaboration continuously broadening.
Government–Enterprise Collaboration | Leaders of Fenghua District Conduct a Field Visit to Lixing Headquarters
On June 25, Chen Qirong, Director of Shangtian Subdistrict in Fenghua District, Ningbo, along with Deputy Director Mao Linhai, paid a visit to Lixing’s headquarters to conduct a fact-finding mission. The delegation discussed and assessed future investments in the second-phase project in Fenghua, focusing on robotic micro-ball bearings and commercial aerospace initiatives, while also exploring collaboration between the local government of Ningbo and the industry chain.
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Lixing Group will continue to leverage its technological leadership, relying on its Fenghua base to actively strengthen and supplement regional industrial chains, thereby injecting new momentum into Fenghua’s economic development.
Lixing Group and Baosteel Co., Ltd. have signed an agreement to comprehensively deepen their cooperation.
On June 24, a signing ceremony marking the comprehensive deepening of cooperation between Lixing Group and Baosteel Co., Ltd. was held at Lixing’s headquarters.
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Under the agreement, Baosteel Co., Ltd. will serve as the core raw-material supplier for Lixing Group, giving priority to meeting supply demands and ensuring timely, high‑quality, and quantity‑compliant delivery of materials. The two parties will deepen technological collaboration in key areas such as bearing steel wire rod, jointly tackle critical performance indicators like heat treatment, and leverage steel balls for wheel hubs as a new breakthrough point in new‑product development, thereby jointly driving the transformation and upgrading of their products toward the new‑energy sector.
At present, Lixing Group is accelerating its strategic transformation and actively expanding into cutting-edge application areas such as new-energy vehicles, specialized equipment, aerospace, and embodied intelligence, thereby placing increasingly stringent demands on the reliability, service life, and flexibility of raw materials.
This agreement will significantly strengthen Lixing’s procurement and supply-chain resilience, providing robust support through a diverse pool of raw-material suppliers to ensure flexible delivery schedules, rapid customer responsiveness, and cost competitiveness, thereby laying a solid foundation for the implementation of the company’s new strategy and the expansion of its business.
Zhiyuan Robotics has taken an equity stake in Shanghai Xinqi Robotics, jointly forging a new future for core components in the field of embodied intelligence.
Recently, Zhiyuan Innovation (Shanghai) Technology Co., Ltd., an affiliate of Zhiyuan Robotics, has officially acquired a stake in Shanghai Xinqi Robotics.
Since its establishment last year, Lixing Co., Ltd. has been incubating innovative robotics companies, focusing on the research, development, and manufacturing of embodied intelligence systems and core actuation components for the commercial space industry.
At present, humanoid robots are at a critical juncture—transitioning from “technology validation” to “mass‑scale delivery.” The entry of leading robotics companies such as Zhiyuan is helping Xinqi and Lixing align with the cutting‑edge needs of top-tier system integrators, accelerating technological iteration and product upgrades, and reinforcing the group’s strategic shift toward an embodied‑intelligence‑driven industrial ecosystem.
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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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