flanged ball bearing It is understood that our country has been the Northwest bearing large

It is understood that our country has been the Northwest bearing large, large petrochemical machinery, metallurgical and mining machinery, engineering machinery bearings supporting key enterprises , with technical strength, the company is also increasing research and development efforts in recent years, high-end products bearing . The company recently set up a new rail Institute bearings, bearing twelve Research Institute and other military equipment, bearings , for different research directions in depth research and development, and efforts to broaden the main business market . According to the annual report 2013 , 2013 , Northwest bearing R & D expenditure amounted to 22.43 million yuan , accounting for the proportion of operating revenue was 6.9 %. Some analysts said that R & D investment in the industry at a high level .
A brokerage analyst said , get overwhelmed , " n-word " in weaponry research and production licenses, the company provides an equivalent to formally enter the military market tickets. In fact , just recently , the company issued 125 million shares of non-public fund-raising 600 million yuan , intended for the construction of the bearing industry, "second Five Year Plan" key recommendation of the product range , the company which will be for the company to develop new business gathering financial strength. " Military is a capital -intensive industry, financial strength is important for businesses to grow, Northwest Bearing expected to double by virtue of technical and financial strength of the field and gain a foothold in this industry ."