paired tapered bearing other high-margin products increased variety

Insiders said that before the 1990s, Northwest bearing bearing industry has been one of the national key enterprises, the scale of production in the fourth digit industry. The company plans a total investment of 400 million yuan construction of high-end bearings project construction period of 2 years, the first four years of full production. After completion, the expected sales income 63,000 yuan, net profit of 6,150 million. With the successful implementation of the project, Northwest bearing plain split roller bearing products will be phased out, the major resources into high value-added "large, high-speed, precision," R & D and production of high-end bearings, very in line with national industrial policy, comply with the current economic, policy orientation. This will not only be able to expand its market share in the Northwest bearing production scale and product, help the company to return to the first tier bearing enterprises, but also to promote the overall development and progress of China's bearing industry to some extent.
Li Shuming said Northwest bearing invest 188 million yuan of annual output of 200,000 sets of building precision bearings  project, the main plant has been completed, a full set of equipment installation and commissioning another approach, the work is well forward, 2014 will be fully debugged and tested production. In 2014, the company will focus on improving product mix and increasing technological content of products, and promote high-end bearing construction projects, and other high-margin products increased variety, so that the gradual transformation of the company's existing manufacturing bearings to high-end equipment manufacturing. The non-public offering if the company successfully implement the project, the Northwest bearing the full force of China's high-end bearing market, the fundamentals of the company will be completely changed

paired tapered bearing the company will continue to face growing pressure.

Expected 14 years, 15 years, the company's EPS was 0.15 yuan, 0.18 yuan, to May 8 share price 7.23 yuan calculation, PE was 47.63 times and 41.22 times, compared to the corresponding 2014 results for the current calculation of comparable companies bearing class 29.10 times average 38.50 times earnings, the significantly higher valuation of no advantage.
Cyclical companies downstream Tapered roller bearings industries in the current downturn in the macroeconomic backdrop, the downstream demand continues to slump, while domestic technological content of paired tapered bearing  their own limited, intense price competition. In view of this, we believe that the industry is difficult to get rid of the short-term downward trend, the company will continue to face growing pressure.
Higher levels of the company's own technology, the future is expected to enter the high-end bearings with technical superiority relative ease competition in the area. Meanwhile, 2014 - 2015, the company raised a number of equity investment and non-investment product precision bearings lines will be gradually put into production, introduction of new products or the company will open a new room for growth. However, we believe that technology into a decisive impact on company performance for the timely release of products and product launch time is reasonable point in time, remains to be seen.
In addition, the current reform of state-owned Henan relatively slow action, equity incentive also seemed cautious, limited incentives for the company's share price.
Taken together, we believe that a few years ago by a large shaft bearing technology research project investment industry as a whole and adversely affect downstream performance downturn; future with the release of production capacity is expected to achieve gradual recovery performance; addition allotment price of the company's stock price suppression obvious, the first rating for its "neutral" rating.

Roller Bearing the overall industry revenue continues to grow

bearing the overall industry revenue continues to grow, but Pegasus shares bearing segment operating income declined year on year , mainly due to the impact Pegasus shares of newly installed capacity of wind power industry and other factors significant decline , making wind power company , one of the leading products bearing Sales revenue fell 49.93 percent , to 368 million yuan , resulting in the company Tapered roller bearings  segment operating income decreased by 28.67% , to 1.779 billion yuan .
After decades of efforts, China 's bearing industry formed in Harbin , Bearing  three manufacturing bases in  and bearing private enterprises , as well as international bearing manufacturing company ( such as Sweden 's  Germany 's  United States  and Japan  joint ventures or wholly-owned company based in the industrial structure. As of 2011 , industry sales of more than 500 million yuan enterprises have 1,850 home sales by the formation of state-owned enterprises, private enterprises and foreign-funded enterprises accounted for 14% , 66% and 20% of the pattern.  industry experts said that from the product structure, despite the rapid development of China's bearing industry in recent years , but mainly in the plain bearing areas , the demand for high -quality bearings rely on imports to meet . China's production of Roller bearing the vast majority of small and medium and small bearings, medium and large bearing production accounted for less than 3% in the current domestic market, high value-added precision bearing demand and large compound growth rate of around 20% in particular grinder with precision bearings, construction machinery, heavy mill large bearings, bearings and other high-tech strong market demand . 2014 domestic bearing industry 's main business revenue reached 200 billion yuan .

the paired Roller Bearing seal forms affected by the following factors

In order to prevent dust and moisture from entering the bearing to avoid loss of the lubricant in the bearing must be sealed. In general, the bearing seal forms affected by the following factors:
⑴ bearing outside the work environment;
⑵ bearing speed and temperature;
⑶ support structure and characteristics of the shaft;
⑷ lubricant types and performance.
Sealed in accordance Precision Bearing with the principle can be divided into two categories: Automotive Lubricants non-contact seals and contact seals. Non-contact seal is not rate limiting. Lower speeds where you can use the online contact seals, commonly used materials with fine felt, rubber, leather, cork or antifriction good hard materials.
Rolling bearing lubricants manufacturers, the main role of the lubricant is to reduce friction and reduce wear resistance, while also reducing the contact stress, to avoid corrosion, vibration absorption, cooling, heat and so on.
Grease and oil lubricated bearings for printing machine are commonly used in two ways lubrication. Further, in some special cases it is possible to select the lubricating solid lubricants. Which way to use a lubricant, and the speed of the relevant bearing, the rolling bearing is usually used in measuring the speed dn value represents the size of the bearing.
Greased loss is not easy, simple structure, easy to seal and maintain, operate in a long time, just to fill a grease. Fill generally not exceed the amount of grease to one half of the third bearing grease filling too easily lead to friction and heat, affecting the normal performance of the bearing. Smaller than greased friction, heat dissipation, is the main advantage of oil lubrication, oil lubrication therefore mainly used for high-speed or temperature of the occasion.

A number of significant growth in demand for paired tapered bearing

Since the implementation of the " two sessions" of economic growth targets proposed implementation of urban infrastructure construction projects around the climax off , started intensive railways, highways , subways, affordable housing , water , ports, airports and other major projects , prompting the construction machinery manufacturing recovery industry , stimulating demand for construction machinery , bearings market Cylindrical roller bearing demand will subsequently released.
From recent Gcr15 spindle steel downstream users in March production plan research situation , automobiles, marine vessels , oil pipeline industry to maintain stable operation ; engineering machinery, bearings industry increased. Downstream industry demand for effective bearing steel increased compared with February . For example Gcr15 Crossed Tapered Roller Bearing steel companies in March contract orders generally good condition . Improved downstream demand is conducive Gcr15 bearing steel market stability , bearing steel prices steady rise is a major supporting force .
Bearing Manufacturing Industry Development of China's strong momentum of steady bearing steel market will bring positive effects to the good . A number of significant growth in demand for high-end bearings , such as aerospace bearings, machine tool spindle speed precision bearings, ball bearing precision angular contact ball bearings , high-speed spindle bearings, precision bearings for machine tools photovoltaic industry , turntable bearings, wind power bearing , shield machine bearings, rolling mill bearings, high-speed rail bearings, automotive bearings, crane sheave bearings , turbocharger bearings, hydrodynamic bearings and so on.