Luoyang Axis Research Technology Co., Ltd., a subsidiary of China Machinery Industry Group, is a listed company mainly engaged in the research, development, production and sales of precision and special bearings and bearing special materials

Luoyang Shaft Research Technology Co., Ltd. is a joint-stock enterprise initiated by the former Luoyang Bearing Research Institute as the main sponsor, listed on the Shenzhen Stock Exchange in 2005 with the stock code of 002046, and is a holding company owned by China Machinery Industry Group Co., Ltd.

The company focuses on the development of high-performance bearing products for the key host of national economy and national defense construction, and mass-produces various types of bearing products and components with an inner diameter of 0.6 mm to an outer diameter of 6.8 meters. The main business is the research, development, production and sales of precision and special bearings, high-speed machine tool spindles, bearing special equipment and testing instruments, bearing testing machines and bearing special materials. Products are widely used in aerospace, ship weapons, machine tools, wind power generation, mining metallurgy, petrochemical, medical equipment, automobile and rail transit, construction machinery and other fields.

The company has total assets of 2.3 billion yuan, a R&D center, five industrial bases, and covers an area of more than 1,500 acres. With advanced bearing manufacturing equipment and world-class testing instruments, it has strong strength in the manufacturing, testing and testing of high-precision and high-reliability bearings and related parts. It has maintained a leading position in the basic theory of bearings, lubrication technology, design, materials, tests and information standards.