Xiangyang Automobile Bearing Co., Ltd.

Company Profile




No. 97 Dengcheng Avenue, Xiangyang High-tech Zone, Hubei 441004, China

Business Overview

-A China-state-owned bearing supplier.

-Main products include constant-velocity joints, ball bearings, tapered roller bearings, cross shafts, and needle roller bearings. The Company's brand name is "ZXY".

-Provides bearings for a variety of heavy-, medium- and light-duty commercial vehicles and passenger cars, which it ships to Europe, North America and Southeast Asia.

-The Company's major customers include Dongfeng Motor, SAIC Group, Changan Automobile, Magna, BMW, Borgwarner, Nissan, and MAN.


Listed on the Shenzhen Stock Exchange (as of Dec. 2020)
Shareholder Sahreholding Ratio (%)
Tri-ring Group Corp. 27.94
Xiangyang Automobile Bearing (Group) Corp. 18.09
Others 53.97
Total 100.00


- Deep Groove Ball Bearings
- Cylindrical Roller Bearings
- Tapered Roller Bearings
- Thrust Ball Bearing
- Needle Roller Bearings
- Universal Cross Joints
- CV Universal Joints
- Clutch Release Bearings
- Hub unit bearings


1968 The Company was established as 'Xiangyang Bearing Factory'.
1994 Adopted the current company name.
Jan. 1997 Listed on the Shenzhen Stock Exchange.
Apr. 2009 The State-owned Assets Supervision and Administration Commission of Xiangfang City, de facto majority shareholder of the Company, transferred 95% of the shares it owns in Xiangyang Automobile Bearing at no cost to the Tri-Ring Group, Co.
Apr. 2011 Sold the 40% shareholding of WuhanBoda Electric Co.,Ltd.
Aug. 2013 The Company acquired 89.15 percent in Poland-based bearing supplier FLT and completed transfer of securities.
Mar. 2014 The Company and Hubei Tri-Ring Chengtao Trade Co., Ltd. eastablished a new joint venture, named as Hubei Tri-ring Xiangyang Bearing Equipment Technology Co., Ltd., which was invested fifty/fifty between the Company and Hubei Tri-ring Chengtao Trade Co., Ltd..
Apr. 2019 The Company planed to sell a 50% stake in its subsidiary, Hubei Tri-Ring Xiangzhou Equipment Technology Co., Ltd., to Hubei Sanhuan Complete Trading Co., Ltd.

Supplemental Information 1

Automobile bearing