Xinqianglian stock bar

Xinqianglian Bar (300850.sz) Volume: 15,458 (lots), Turnover: 30,627 (million yuan), Market Capitalization: 20,267 (million), Turnover: 1.49%, Amplitude: 4.48%, Price/Earnings (dynamic): 71.1.

1, Luoyang Xinqianglian Slewing Bearing Co. (hereinafter referred to as Xinqianglian) was established in 2005, is located in the ancient capital of Henan Province, Luoyang Luoxin industrial agglomeration area, is a national key high-tech enterprises, in July 2020 the company was listed on the Shenzhen Stock Exchange Growth Enterprise Board (referred to as "Xinqianglian", stock code "300850"). Xinqianglian focuses on the research, development, manufacturing and sales of large slewing bearing products and wind turbine yaw pitch bearings and main bearings, and is an innovative leading enterprise serving the wind power generation, offshore equipment, port machinery, marine machinery, shield machine equipment and other industries.

2, scientific and technological innovation is the first power to lead the development of the new strong United, the company since its inception, always adhere to technological innovation as a guide, and constantly carry out innovative research and development of new products and equipment innovation and upgrading, and continue to enhance and strengthen the core competitiveness of the enterprise and the ability of sustainable development. The company has Henan Province slewing bearing engineering technology center, provincial and municipal enterprise technology center, Luoyang City Engineering Technology Center, Henan Province high-power offshore wind turbine spindle bearing engineering research center. The company has obtained 79 patents for invention and utility model. 2MW permanent magnet direct-drive wind turbine three-row cylindrical roller main bearings and shield machine series cutter main bearings independently developed and applied by the company passed the appraisal of scientific and technological achievements organized by China Machinery Industry Federation (CMIF) in 2012, and were awarded the Third Prize and Second Prize of Science and Technology of China Machinery Industry, respectively, filling the gaps in the domestic market and reaching the advanced level in the international arena. 2018 year, the company was awarded as a strong intellectual property enterprise by Luoyang City, and was honored as a high-tech enterprise in Henan Province in 2019.

3, Xinqianglian is currently the only domestic mass production of large megawatts of direct-drive wind turbine three rows of cylindrical roller main bearings, the company is also the first to use the softband-free quenching technology research and development of large megawatts of wind turbine double rows of tapered roller main bearings production of the leading enterprises, to achieve the wind turbine main bearings of domestic alternative to imports. The company is a key enterprise in the domestic production of super-large diameter heavy-duty slewing bearings, unique in the field of R & D and manufacturing of extra-large heavy-duty slewing bearings, always in the industry leadership position, the product has been recognized by experts and customers in the industry; in the field of shield machine equipment, the company has successfully developed the shield machine cutter plate main bearings, in one fell swoop to break the previous domestic customers have been dependent on imported products.