The company's predecessor was Northwest Bearing Factory and is a third-tier enterprise. The factory was built in 1965 and restructured and listed in 1996. It is the first listed company in China's bearing industry, one of the top 500 Chinese machinery industry enterprises, and one of the well-known key enterprises in the bearing industry. The NXZ brand has been recognized as a well-known trademark in China and has obtained national export exemption. The company's main business is the production and sale of bearings and marine electrical appliances. The company produces marine electrical products. Corporate honors: The company won the Golden Phoenix Award at the 8th China Securities Market Annual Conference; the Ningxia Outstanding Contribution Award to Consumer Protection; the Science and Technology Progress Award, etc. It has successively won honorary titles such as “National Benchmarking Unit for Petroleum Technology and Equipment Innovation” and “Autonomous Region Science and Technology Small and Medium Enterprise”.
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