en.Wedoany.com Reported - Recently, the 6th Fifth General Meeting of the Bearing Industry Association of Xinchang County, China, was held in the Longyin Hall of the Wyndham Hotel. Zhou Yu, Chairman of the China Bearing Industry Association; Wang Zijun, Vice Chairman and Secretary-General; Liang Xiaoping, Member of the Standing Committee of the Xinchang County Party Committee; Lv Changjun, Director of the County Bureau of Economy and Information Technology; Zhang Feng, Vice Chairman of the China Bearing Industry Association and Chairman of Wuzhou Xinchun; Jiang Ling, Chairman of Siling Intelligent Drive; Wang Xueyong, Vice Chairman of Wuzhou Xinchun; Yu Guanhua, Chairman of Ximike; Zhao Hongjin from the SKF Xinchang factory, and other leaders and entrepreneurs were seated in the front row. Association leaders and over 70 business executives attended the meeting.

The meeting summarized the association's work and financial situation for 2025, reported on the work plan for 2026, and completed the handover of the rotating chairmanship. In 2025, trade protection measures led by the United States and other Western countries intensified, and Sino-US trade friction increased global economic uncertainty. As a traditional industry with a high proportion of foreign trade, the Xinchang bearing industry faced severe challenges. However, with government policy support and the joint efforts of enterprises, the product structure was optimized, the transition from old to new growth drivers accelerated, and emerging fields such as Automotive Industry" target="_blank">new energy vehicles and robot components brought development opportunities. The entire industry achieved certain results. According to the association's statistics on 27 major bearing enterprises, the main business revenue in 2025 reached 116.65 billion yuan, a year-on-year increase of 4.99%; profits reached 12.2378 billion yuan, a year-on-year increase of 6.66%; taxes amounted to 5.92 billion yuan, remaining basically flat. The industry achieved steady growth overall, demonstrating strong resilience. However, foreign trade exports decreased by 4.14% year-on-year, indicating that the international trade situation remains severe.

In recent years, Xinchang bearing enterprises have actively developed new quality productive forces, making progress in areas such as new energy and humanoid robots. With the purpose of serving enterprises and promoting industry progress, the association has driven high-quality industrial development through planning guidance, organizing meetings, exchange activities, strengthening party building, and compliance development. In the new year, the Bearing Industry Association of Xinchang County will continue to adhere to its purpose of serving the government, the industry, and enterprises, closely follow national strategies and industrial realities, steadily advance various tasks, and support the healthy development of the Xinchang bearing industry.

At the meeting, Liang Xiaoping affirmed the achievements of the Xinchang bearing industry and the work of the association, and put forward suggestions: strengthen confidence in development and focus on the core business of the real economy; concentrate efforts on innovation and transformation to seize high-end market tracks; deepen collaborative governance to cultivate a sound ecosystem. Chairman Zhou Yu delivered a report titled "Analysis of the Bearing Industry Situation and Trend Outlook," analyzing aspects such as the economic operation of major enterprises, import and export situations, development in 2025, the operation of the machinery industry, and forecasts for the annual trend, which holds guiding significance for enterprise management. 2026 is the concluding year for the association's 6th Council, during which past work will be systematically summarized, and preparations for the election of the 7th Council will be made, laying the foundation for the industry's long-term development.

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