CHANGZHOU NRB CORPORATION

Company Profile

■URL

http://www.nrb.com.cn/

■Address

No.52, Hanjiang Road, Xinbei District, Changzhou City, Jiangsu 213022, China

Business Overview

-China's leading bearing manufacturer.

-The Company's main products are needle roller bearings, roller bearings, clutch release bearings and hub bearings, which are mainly applied to important assemblies such as automotive transmissions, clutches, heavy truck axles and hubs.

-The Company’s brands include 'Guangyang', 'NRB'.

Shareholders

Listed on Shenzhen Stock Exchange (As of Dec. 2018)
Shareholders Shareholder Ratio
Changzhou Guangyang Holding Group Co.,Ltd. 29.61%
Cheng Shangnan 9.78%
Wuhan Humanwell Hi-tech Industry Company Limited 7.99%
Tianjin Tanhas Technology Co., Ltd. 5.47%
Others 47.15%
Total 100%

Products

Needle roller bearings
-Radial needle roller and cage assemblies
-Drawn cup needle roller bearings
-Thrust needle roller bearings
-Entity bushed needle roller bearings

Cylindrical roller bearings
-N type
-NF type
-NJ type
-NU type
-NUP type

Clutch release bearings
-General clutch release bearings
-Self-aligning clutch release bearings
-Draw-style clutch release bearings

Synchronizer intermediate rings

Automobile wheel bearings

Tapered roller bearings

Four-point contact ball bearings


Deep groove ball bearings

Knuckle bearings

Needle roller bearings for engine rocker arms

Sub-components
-Needles
-Rollers
-Cylindrical rollers 
-Needle rollers
-Steel balls
-Shaft sleeves

History

Dec. 1987 Founded as Changzhou Needle Bearing Factory Co., Ltd.
Jan. 1994 Established its current structure and became a joint stock corporation.
1995 Developed bearings for passenger vehicles.
2000 Production volume exceeded 100 million yuan.
2000 Started construction of a new plant with a land area of 83,000m2 in the Changzhou Hi-Tech Park.
Jan. 2004 Completed the construction of its new plant.
Sep. 2004 Jointly established a joint venture company called the Changzhou NTN-Guangyang Corporation with NTN Corporation of Japan.
Jan. 2011

Became a shareholding company and changed its name to Changzhou Guangyang Bearing Co., Ltd.

Jan. 2014

Listed on Shenzen Stock Exchange.

Dec. 2014

Decided to acquire all of Tianjin Tanhas Technology Co., Ltd. shares for CNY 550 million.

Dec. 2016

TeT Drive Technology Co.,Ltd, under the control of its subsidiary of the Tianjin TANHAS Technology Co.,Ltd, acquired 100% of the equity of the Dutch e-Traction B.V, the largest manufacturer of wheel-hub motor for NEV in Europe.

Nov. 2018

A controlling shareholder of Changzhou NRB Corporation, Changzhou Guangyang Holding Group Co., Ltd., has signed a memorandum of understanding with Oriental Fortune Capital Co., Ltd. on the share transfer plan. Under the agreement, Oriental Fortune Capital will acquire 100% shares in a subsidiary of Changzhou Guangyang Holding at CNY 150 million.

Supplemental Information 1

>>>Business Report up until FY ended Dec. 2012
>>>Business Report up until FY ended Dec. 2013
>>>Business Report up until FY ended Dec. 2014
>>>Business Report up until FY ended Dec. 2015
>>>Business Report up until FY ended Dec. 2016
>>>Business Report up until FY ended Dec. 2017

Note: A figure in brackets ( ) indicates a loss

Production Capacity / Production

(in 1,000 sets)
Product Plant FY ended Dec. 31, 2015 FY ended Dec. 31, 2014 FY ended Dec. 31, 2013
Bearings Changzhou Guangyang Bearing Co., Ltd. 49,180 57,740 52,850
Synchronizer intermediate rings 12,830 12,140 10,020
Synchronizers Tianjin Tanhas Technology Co., Ltd. - 13,169 11,856
Gears 519 - 327