Gao Shaobing: Rebuilding a Fuyang Bearing in Three Years

Recently, Xiangyang Bearing's motion to supplement Yuan Hongliang, Yang Yuehua and He Yixin from the Sanhuan Group to the company's directors was passed, marking the third step in the cooperation between Sanhuan Group and Xiangyang Bearing.

Gao Shaobing, chairman and general manager of Fuyang Bearing, said in an exclusive interview with a China Securities Journal reporter that it will use the opportunity of strategic cooperation with Sanhuan Group to build Xiangyang Bearing into a first-class, internationally advanced car in China through the construction of Xinyi shaft industrial park. The R&D and manufacturing base of the bearing realizes the goal of recreating a shaft for three years. He said that the current Xiangyang Bearing is on the eve of rapid development.

Strong and strong

Gao Shaobing said that the 40-year-old Xiangyang Bearing, under the background of the country's vigorous development of the automotive industry, will have a very good synergy effect with the restructuring of the Sanhuan Group, which also focuses on auto parts, and can better benefit from The great development of the automotive industry.

Sanhuan Group is an aircraft carrier for the special automobile and auto parts industry in Hubei Province. Shu Jian, chairman of Sanhuan, once said in an interview with a China Securities Journal reporter that the cooperation with Xiangyang Bearing will be an important strategic fulcrum for the Sanhuan Group to create a 10 Billion Third Ring.

Gao Shaobing said that Fuyang Bearing has made significant progress every year from 2003 to 2008. Its production scale has been continuously improved, market development has been continuously improved, and last year it obtained the only national well-known trademark in the automotive bearing industry. The current Xiangyang Bearing has formed a domestic host, domestic maintenance and foreign host three positions. Against the background of the international financial crisis, the company's export business in the first half of the year achieved a year-on-year increase of approximately 13% on the basis of rapid growth in 2008.

For the cooperation with the Sanhuan Group, Gao Shaobing is also full of confidence. He said that compared with the Axis, the Tricyclic Group has capital, systems, policies and advantages in the market, and these advantages combined with the technical advantages of Xiangyang Bearing in the automotive bearing field will drive the rapid development of Xiangyang Bearing. In fact, during the short months of cooperation with the Sanhuan Group, the complementarity between the two parties has already become more apparent.

Regarding the positioning of the Third Ring Group, which is concerned about the market, Gao Shaobing explained that the company will arrange technical and management experts to replenish the stencil board, and in terms of management, it will rely on the original management team and leadership team of Shenyang Bearing. Independent management.

To seek industry integration

Gao Shaobing said that at present, Xiangyang Bearing is planning to build a new 1,000-acre industrial park. He said that the newly built industrial park will be the leading equipment manufacturing industrial park in China. After the completion of the industrial park, the equipment capacity, technological level, and product quality of Xiangyang Bearing will be greatly improved, and the production capacity will also be expanded exponentially.

Gao Shaobing said that after the completion of the industrial park, Fuyang Bearing will seek to integrate the industry through capital and brand expansion.

China is currently a big country in the production of automotive bearings, but it is not a powerful country. The domestic bearing market is more than 800 billion yuan each year, but there are about a few thousand bearing manufacturers in the country. As a leader in automotive bearings, Fuyang Bearing's operating revenue in 2008 was only 510 million yuan, and the industry share was very decentralized. Leading foreign bearing manufacturers, the annual output value is in the billions of dollars, and the industry is highly concentrated, such as the Japanese bearing market concentrated in the hands of more than 10 manufacturers, Germany is Schaeffler to form a monopoly. Therefore, China's bearing market will have more room for integration.

Gao Shaobing said that with the support of Sanhuan Group, Sunyang Bearing will strive to achieve an output value of over one billion yuan in three years or so through the construction of industrial parks and industrial integration.

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