Xinqiang Lianba (300850.sz) trading volume: 15,458 (lots), turnover: 30,627 (ten thousand yuan), circulating market value: 20.267 (billion), change of hands: 1.49, amplitude: 4.48, Price-to-earnings (moving): 71.1.
1. Luoyang Xinqianglian Slewing Bearing Co., Ltd. (hereinafter referred to as Xinqianglian) was established in 2005 and is located in Luoxin Industrial Cluster, Luoyang, Henan Province, the ancient capital of the Nine Dynasties. It is a national key high-tech company A technology enterprise, the company was listed on the GEM of the Shenzhen Stock Exchange in July 2020 (referred to as "Xinqianglian", stock code "300850"). Xinqianglian focuses on the R&D, manufacturing and sales of large slewing bearing products and wind turbine yaw pitch bearings and main bearing products. It serves wind power generation, offshore engineering equipment, port machinery, marine machinery, shield machine equipment, etc. An innovative leading enterprise in the industry.
2. Technological innovation is the first driving force for the development of Xinqianglian. Since its establishment, the company has always adhered to taking technological innovation as the guide, constantly conducting innovative research and development of new products and innovative upgrading of equipment, and continuously improving And enhance the core competitiveness and sustainable development capabilities of enterprises. The company has Henan Province Slewing Bearing Engineering Technology Center, Provincial and Municipal Enterprise Technology Center, Luoyang Engineering Technology Center, and Henan Province High-Power Offshore Wind Power Spindle Bearing Engineering Research Center. The company has obtained 79 invention and utility model patents. The company's independently developed and applied 2MW permanent magnet direct-drive wind turbine three-row cylindrical roller main bearings and shield machine series cutterhead main bearings passed the China Machinery Industry Federation in 2012. The organization's scientific and technological achievements appraisal won the third and second prizes of the China Machinery Industry Science and Technology Award respectively, filling the domestic gap and reaching the international advanced level. In 2018, the company was rated as a strong intellectual property enterprise by Luoyang City, and in 2019, it won the honorary title of High-tech Enterprise in Henan Province.
3. Xinqianglian is currently the only company in China that mass-produces three-row cylindrical roller main bearings for large-megawatt direct-drive wind turbines. The company is also the first in China to use soft-belt quenching technology to develop and produce large-scale cylindrical roller main bearings. A leading company in double-row tapered roller main bearings for megawatt wind turbines, domestically produced wind power main bearings replace imported ones. The company is a key domestic enterprise in the production of ultra-large diameter heavy-duty slewing bearings. It is unique in the field of R&D and manufacturing of extra-large heavy-duty slewing bearings and has always been a leader in the industry. Its products have been unanimously recognized by experts and customers in the industry; in shield tunneling machines In the field of equipment, the company successfully developed the main bearing of the cutterhead of the shield machine, breaking the previous situation in which domestic customers had been relying on imported products.