C&U honorTime of publication:2021-08-02

On July 28, co-sponsored by China Machinery Industry Federation and China Association of Automobile Manufacturers, the 2021 China’s Top 100 Machinery Industry, Top 20 Auto Industry, and Top 30 Auto Parts Enterprise Information Conference was held in Deyang, Sichuan Province. The meeting verified and announced the list of the top 100 machinery industry enterprises in 2021 according to the main statistical indicators of the machinery industry enterprises in 2020. C&U ranked 24th and continued to be China’s leading bearing enterprises.

It is reported that the added value of Chinas machinery industry in 2020 will increase by 6% year-on-year, which is 3.2 and 2.6% higher than that of the national industry and manufacturing industry in the same period; operating income is 22.85 trillion yuan, a year-on-year increase of 4.49%; total profits are 1.46 trillion yuan, a year-on-year increase 10.4%. In his speech, Wang Ruixiang, President of China Machinery Industry Federation, pointed out that in the new round of development, we will pay more attention to the real economy and the development of China’s high-end equipment manufacturing; pay more attention to leading enterprises driving the integrate innovation of industrial foundation and industrial chain; pay more attention to the capacity building of machinery industry clusters and equipment manufacturing bases, and use this to promote the transformation and upgrading of the machinery industry, improve quality and efficiency, and accelerate the realization of the transformation from large to strong.

The selection of Chinas top 100 machinery industry companies has been held since 2004 and has been successfully held for 17 sessions. This event aims to accelerate industrial transformation and upgrading, cultivate new drivers of development, promote high-quality development of the entire industry, and guide industry enterprises to continue to become stronger and better, grow  backbone enterprises with innovative capabilities and international competitiveness, which has become the most authoritative and influential industry brand activity in the machinery industry, also an important symbol for measuring the development of the machinery industry.

C&U was once again shortlisted in the top 100 machinery industry, and the ranking continues to be high, fully demonstrating C&U’s brand and strength. In recent years, C&U has increased R&D and investment in high-end bearings such as rail transit and high-end CNC machine tools in response to major national strategic needs and taken responsibilities to overcome key tasks, aims to contribute to the high-quality development of Chinas bearing industry and the realization of independent and controllable high-end bearings for major national equipment.