CHANGZHOU NRB CORPORATION
-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'.
|Listed on Shenzhen Stock Exchange||(As of Dec. 2018)|
|Changzhou Guangyang Holding Group Co.,Ltd.||29.61%|
|Wuhan Humanwell Hi-tech Industry Company Limited||7.99%|
|Tianjin Tanhas Technology Co., Ltd.||5.47%|
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
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
Needle roller bearings for engine rocker arms
|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.|
Became a shareholding company and changed its name to Changzhou Guangyang Bearing Co., Ltd.
Listed on Shenzen Stock Exchange.
Decided to acquire all of Tianjin Tanhas Technology Co., Ltd. shares for CNY 550 million.
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.
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|