Jiangxi Yushan Bearing Co., Ltd.

Jiangxi Yushan Bearing Co., Ltd.

Since the beginning of this year, 48 bearing companies in Yushan County of Jiangxi Province have been prosperous in production and sales. Production orders from January to September have exceeded 90.5% of the company's production capacity.
Yushan County is the largest bearing production base in Jiangxi Province. In order to further enhance the bearing company's ability to resist risks, the Yushan County Party Committee and the county government actively coordinated with financial institutions. On the basis of a loan of 87 million yuan last year, this year, loans were granted to 48 bearing enterprises in the county with a mortgage, joint guarantee, and guarantee model. Ten thousand yuan. County local tax and state tax departments respectively reduced the tax rate by 0.2 and 0.5 percentage points to support enterprise development.
Bearing enterprises in Yushan County took the initiative to adjust the industrial structure while striving for policies. Since last year, the county's bearing enterprises have invested more than 82 million yuan in equipment upgrades and technological innovation and transformation, and added 18 new automatic production lines such as car parts, adding new precision CNC machine tools. 164 sets, bearing quality product rate from the original 80% to 98.8%, to enhance the "Yushan Bearing" in the market's overall competitiveness. At present, the county's bearing varieties have increased to five categories, accounting for half of the top ten categories of bearings. Its specifications have increased from 216 to 572. Two brands have been awarded Jiangxi brand names, and three brands have been awarded Jiangxi famous trademarks. 2 The brand received new products from Jiangxi Province and a brand was awarded the old name of Jiangxi.
Yushan bearing companies also took the initiative to expand the domestic and foreign markets. Since the beginning of this year, 20 large-scale bearing enterprises in the county have participated in the Shanghai and Wuxi International Bearing Fairs, etc. They have actively promoted their products and obtained considerable orders, and added 21 sales outlets at home and abroad in Iran. Russia, South Korea, Thailand, India, and Pakistan have established agencies.
From January to September of this year, bearing and sales of bearing enterprises in Yushan County was booming, with 163 million sets of bearings, an increase of 15.4% over the same period of last year. Sales revenue reached 1.236 billion yuan, an increase of 7.55% over the same period of last year, and a tax profit of more than 8,660,000 yuan. , an increase of 6.1% over the same period of the previous year, with a 95% share of production and output value in the province, and 11% of the same specification products.

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