根据中国轴承工业协会数据，2022年度至2024年度洛轴股份轴承产品在国内轴承行业营业收入排名均为第4名。洛轴股份产品以专用轴承为主，其 中重大装备轴承、高端装备轴承及新能源汽车轴承占比相对较高。根据中国轴承工业协会出具的证明文件，2024年度，洛轴股份重大装备轴承领 域风电主轴轴承、风电偏变轴承、风电齿轮箱轴承分别位居行业第一、行业第二及行业前三；高端装备轴承领域轨道交通轴承、航空航天轴承排 名行业前三；汽车轴承领域新能源汽车轮毂轴承排名行业前三。 （原标题：洛轴股份闯关IPO 拟募资18亿元） 中国轴承行业规模最大的综合性轴承制造企业洛轴股份闯关IPO。 11月28日，洛阳轴承集团股份有限公司（简称"洛轴股份"）创业板IPO获受理，公司拟募资18亿元。 招股书显示，洛轴股份主营轴承及相关零部件的研发、生产和销售，是中国轴承行业规模最大的综合性轴承制造企业之一。洛轴股份深耕轴承行 业多年，科技创新能力突出，拥有轴承行业唯一国家重点实验室，在高端轴承领域研发与布局处于国内领先地位。洛轴股份重大装备、高端装 备、新能源汽车等专用轴承产品作为国家战略性新兴产业关键基础零部件，对提升我国装备制造能力、制造业优化升级 ...

Core Viewpoint - Luoyang Bearing Group Co., Ltd. (referred to as Luozhou Co.) has received approval for its IPO application on the ChiNext board, with a planned fundraising amount of 1.8 billion yuan [1][2]. Company Information - Luozhou Co. was established in 1954 as Luoyang Bearing Factory, recognized as one of the key projects during China's First Five-Year Plan, and has developed into a leading comprehensive manufacturing enterprise in the bearing industry over 70 years [3]. - The company holds the only national key laboratory in the bearing industry and is a leader in high-end bearing research and development in China [3]. Financial Performance - According to the China Bearing Industry Association, Luozhou Co. ranked 4th in domestic bearing industry revenue from 2022 to 2024 [4]. - The company's revenue figures for 2022, 2023, 2024, and the first half of 2025 were 3.342 billion yuan, 4.441 billion yuan, 4.675 billion yuan, and 2.821 billion yuan, respectively, with net profits of -67.32 million yuan, 231 million yuan, 251 million yuan, and 257 million yuan, indicating a continuous growth trend [4]. IPO Fund Utilization - The funds raised from the IPO will be primarily allocated to the development and application of high-speed train bogie bearings, intelligent production construction of new energy bearings, upgrading of precision bearings for major technical equipment, industrialization of high-end precision small turntable bearings, and repayment of bank loans [2][4].

Core Viewpoint - Luoyang Bearing Group Co., Ltd. (Luozhou Co.) is planning an IPO to raise 1.8 billion yuan, primarily for the development and application of high-speed train axle bearings, intelligent production of new energy bearings, and upgrading of precision bearing industries [1][3]. Company Overview - Luozhou Co. was established in 1954 as part of China's key projects during the First Five-Year Plan and has developed into a leading comprehensive manufacturing enterprise in the bearing industry over 70 years [2]. - The company possesses the only national key laboratory in the bearing industry and is a leader in R&D and layout in the high-end bearing sector [2]. Financial Performance - According to the China Bearing Industry Association, Luozhou Co. ranked 4th in domestic bearing industry revenue from 2022 to 2024 [3]. - The company's revenue figures for 2022, 2023, 2024, and the first half of 2025 were 334.23 million yuan, 444.13 million yuan, 467.49 million yuan, and 282.05 million yuan, respectively [3]. - The net profit attributable to shareholders for the same periods was -6.73 million yuan, 23.07 million yuan, 25.09 million yuan, and 25.65 million yuan, indicating a continuous growth trend [3]. Future Plans - The funds raised from the IPO will be used to expand production capacity for key products such as major equipment bearings, high-end equipment bearings, and new energy vehicle bearings [3]. - The company aims to industrialize R&D projects for high-speed train bearings, high-end CNC machine tool bearings, and robot bearings, thereby enriching its product matrix [3]. - The IPO is expected to optimize the capital structure and improve overall operational efficiency, consolidating and enhancing the company's competitive advantage [3].

Group 1 - Wanda Bearings (stock code: 920002) is a leading manufacturer in the general equipment manufacturing industry, focusing on the research, production, and sales of forklift bearings and slewing bearings, recognized as a "little giant" enterprise and a national champion in manufacturing [1] - In the 2024 annual report, the company achieved operating revenue of 345.70 million yuan, a year-on-year increase of 0.64%, and a net profit of 57.57 million yuan, with a significant year-on-year growth of 16.30%, indicating improved operational efficiency [1] - The first quarter report showed operating revenue of 88.37 million yuan, a year-on-year growth of 3.31%, and a net profit attributable to shareholders of 18.53 million yuan, a year-on-year increase of 29.95% [1] Group 2 - The overall industry is experiencing growth, with 148 major enterprises in the bearing industry achieving a total operating income of 119.34 billion yuan, a year-on-year increase of 6.19%, and a total profit of 9.38 billion yuan, with a year-on-year growth of 14.29% [2] - Over 60% of enterprises reported revenue growth, and 55.4% saw profit increases, with bearing production reaching 9.12 billion units and sales at 9.14 billion units, reflecting a production-sales rate of 100.31% [2] - Domestic forklift sales reached 1.29 million units, a year-on-year increase of 9.52%, marking a new milestone in industry development [2] Group 3 - Wanda Bearings has established deep strategic partnerships with leading manufacturers such as Anhui Heli and Hangcha Group, covering all provinces and regions in China, maintaining the largest market share domestically and the second largest globally [3] - The company has developed a global supply chain system, exporting products to over 30 countries and regions, and providing services to the top 20 global industrial vehicle companies [3] - In the context of overall industry growth, Wanda Bearings has achieved simultaneous revenue and profit growth due to its rich industry experience, quality customer resources, and strong technical capabilities [3] Group 4 - The company is actively expanding into the industrial robot sector, focusing on technological innovation in new energy forklifts and smart logistics equipment, while also developing bearings for special equipment and industrial machinery [4] - Wanda Bearings has invested in the industrial robot field over the past few years, building a customer base that includes SANY Robotics, Zhejiang Guozi Robotics, KUKA Robotics, and Hikvision Robotics [4] - The company is engaged in sample trials based on specific customer needs, optimizing processes through multiple cycles before moving to small batch production [4] Group 5 - With the implementation of policies like the "Robot+" application action plan, the market for industrial robot-specific bearings is expected to experience explosive growth [5] - Leveraging existing technological reserves and customer resources, Wanda Bearings aims to replicate its success in the forklift bearing sector within the robot sector, creating a second growth curve [5]

Group 1: High-Quality Development and Innovation - The emphasis on high-quality development as a response to external uncertainties is highlighted, with a focus on expanding high-level openness [2] - Companies like Luoyang Bearing Group are accelerating efforts in new sectors such as electric vehicle bearings, driven by the call for technological innovation [2] - The importance of applying new materials and technologies for the protection of cultural heritage, such as the Longmen Grottoes, is underscored [2] Group 2: Agricultural and Economic Growth - The total output value of the grain and oil industry chain in Linquan County, Anhui, is projected to reach 5.78 billion yuan in 2024, reflecting a commitment to agricultural efficiency and rural vitality [2] - The implementation of water diversion projects has alleviated drought conditions in Anhui, with 1.164 billion cubic meters of water transferred as of May 15 [5] Group 3: Social Governance and Community Engagement - New economic organizations and employment groups are identified as key players in social governance, with a focus on enhancing grassroots party building [4] - The social governance center in Tongxin County has effectively resolved 97.4% of the 1,191 disputes handled this year, showcasing successful community engagement [4] - The establishment of a social credit system in Fujian aims to foster a culture of honesty and integrity across various sectors [4]

Core Viewpoint - The manufacturing industry is a crucial pillar of the national economy, and advancing modernization in China requires maintaining a reasonable proportion of manufacturing. The industry must leverage technological empowerment and focus on independent innovation [1]. Company Overview - Luoyang Bearing Group Co., Ltd. (referred to as "Luoyang Bearing Group") was established in 1954 and has developed a product range covering nine categories and over 30,000 types, widely used in various sectors including wind power, rail transportation, automotive, mining metallurgy, engineering machinery, and marine [1][3]. Technological Innovation - The company has made significant strides in technological innovation, with high-end bearing products accounting for 70% of total output value. During the 14th Five-Year Plan period, 13 technological achievements have reached international standards, and the domestic market share for wind power main bearings exceeds 40% [4][5]. - The company has developed the first domestic 16-megawatt wind power main bearing, addressing critical industry challenges and marking a transition from following to leading in innovation [5]. Production Capabilities - The intelligent factory of Luoyang Bearing Group showcases advanced manufacturing capabilities, featuring a fully automated production line that enhances efficiency and product quality. The factory is recognized as having a leading level of intelligence both domestically and internationally [7][8]. Financial Performance - In 2024, Luoyang Bearing Group achieved a revenue of 4.699 billion yuan, with aspirations to reach 15 billion yuan by 2030. The company is also planning to leverage capital markets to enhance its technological innovation capabilities and market share [8]. Talent Development - The company emphasizes the importance of talent cultivation, with a mentorship system in place where experienced workers guide new employees. This approach fosters a culture of continuous learning and skill enhancement [10][11].