Northwest bearing announcement that the company received the National Defense Industry Bureau issued a " weapons and equipment research and production license" in recent days , valid from April 2, 2014 to April 1, 2019 . To enter the military products industry and promote the company 's strategic transformation which marks the Northwest bearing had been actively planning a substantive breakthrough .
Military theme has been favored as a secondary market since last year , more and more companies have been " army " for the company's future sales growth to find a new fulcrum. Constantly promote military reform in the context of military-industrial future market prospects widely anticipated .
It is understood that our country has been the Northwest bearing large, large petrochemical machinery, metallurgical and mining machinery, engineering machinery bearings supporting key enterprises , with technical strength, the company is also increasing research and development efforts in recent years, high-end products bearing . The company recently set up a new rail Institute bearings, bearing twelve Research Institute and other military equipment, bearings , for different research directions in depth research and development, and efforts to broaden the main business market . According to the annual report 2013 , 2013 , Northwest bearing R & D expenditure amounted to 22.43 million yuan , accounting for the proportion of operating revenue was 6.9 %. Some analysts said that R & D investment in the industry at a high level .
Bearing is the other parts on the shaft will produce relative motion, used to reduce friction coefficient during power transmission and keep the machine shaft center fixed position, its main function is to support the rotary body, in order to reduce the equipment in the transmission process of mechanical load friction coefficient. According to the motion of the frictional properties of different components, bearings can be divided into two types of rolling bearings and sliding bearings.
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