In 2024, China's bearing industry will show strong growth momentum, operating income and profits will increase significantly, and the import and export trade surplus will continue to expand, reflecting the company's outstanding performance in market competitiveness and operational management. According to data from the China Bearing Industry Association, from January to September, the industry's key economic indicators performed well. The economic operations of major enterprises remained stable, operating income increased steadily, and profits increased significantly, demonstrating the vitality of the market.

Import and export data show obvious differentiation trends. Relying on their deep technological accumulation and high-quality product quality, leading companies have an advantage in the export market, and their exports are expected to remain flat or achieve slight growth throughout the year; while imports are showing a downward trend, and negative growth is expected throughout the year, which shows that China The cost performance and competitiveness of bearing products in the international market are constantly improving.

Keeping up with market demand, high-end and intelligent two-wheel drive industry upgrades

In the face of changing market demands and technical challenges, high-end and intelligence are becoming the key driving forces for the upgrading of the bearing industry. For example, in the field of low-altitude economy, Ensk Bearing has launched a series of small deep groove ball bearings specially designed for drones. These products significantly reduce the frictional resistance and energy consumption of drones through precision design and the application of high-quality materials. , improving endurance and flight stability.