Development course of Luoyang Bearing Research Institute Co., Ltd.

Luoyang Axial Research Technology Co., Ltd. is a high-tech enterprise that focuses on developing "high-precision, sharp, specialized and special" bearing products for key hosts in various fields of national economic construction and national defense construction. Its predecessor, Luoyang Bearing Research Institute, was established in 1958, which is the only national comprehensive research institute in bearing industry in China. 1999 entered China machinery industry group co., ltd and was transformed into a science and technology enterprise; 200 1 Luoyang Axial Research Technology Co., Ltd. was restructured and listed on Shenzhen Stock Exchange in 2005 with stock code 002046. In 2009, it completed the strategic reorganization and became an overall standardized technology listed enterprise.