On June 16, 2021, Luoyang Bearing Research Institute Co., Ltd. received the advance payment for bearing processing equipment ordered by NACHI. Luoyang Bearing Research Institute Co., Ltd. and NACHI formally entered the stage of substantial cooperation.

Founded in 1928, NACHI is one of the four major bearing brands in Japan and one of the eight major bearing brands in the world. Sales revenue in 2020 exceeded 1.9 billion U.S. dollars, and automotive bearings account for about 20%. With the rapid development of new energy vehicles, the demand for bearings in the automotive industry has also undergone tremendous changes, and the layout of the bearing industry has also changed. NACHI plans to transfer its standard bearing production from Japan to Thailand in response to the decline in the automotive industry’s demand for standard bearings. Therefore, the new NACHI plant has a demand for cold rolling machines for the production of bearing rings.

Since learning the above information, the Precision Components Division of Luoyang Bearing Research Institute Co., Ltd. has provided customers with detailed information, invited the technicians from the headquarters of NACHI Corporation for several technical exchanges, learned more about the specific needs of the customers, and convened technical discussions.

After repeated communication, the equipment technical solution has been highly recognized by the customer, and the order has been happily signed. The bearing processing equipment produced by Luoyang Bearing Research Institute Co., Ltd. was previously recommended by SKF and sold to many customers in India. This cooperation with NACHI is the first time that the product has directly entered the eight major international brands. It is both an honor and a responsibility. Luoyang Bearing Research Institute Co., Ltd. will seize the opportunity to pursue customer satisfaction with good products and excellent services, strive to sell more good products to foreign customers, and expand the international influence of the ZYS brand.