In 2020 Zhenhua Bearing was ranked first among its peers in the bearing sector of Shanghai with major products occupying 40% domestic market share. The Company will try to innovate through technical advance and profiting model, proactively develop new business and expand existing business value, explore new mechanism, stimulate new power and achieve new development, to realize high quality development of its bearing business, deliver more contributions to PMC and create higher value for its shareholders. 

Zhenhua Bearing is specialized on production of transmission shaft high end TG roller, auto special bearing and various other parts which are widely sold to Europe, America and Asian pacific region. In 2020 its major product sales income accounted for 32% of sales revenues of the whole firm, of which major product export recorded 8.1 million US dollars. The Company has won lots of honors like “High-Tech Firm in Shanghai”, “Famous Trademark in Shanghai”, “Products of Famous Brand in Shanghai”, “Level 3A Enterprise Evaluated by Shanghai Contract Credit Promotion Association”, IATF 16949, ISO 9001 and ISO 14001 certification. 

As a product improving weak link in key areas of corporate industrial chain, transmission shaft high end TG roller was developed by the Company to overcome difficulties in roller bearing measurement and high precision machining technology. Zhenhua Bearing made a breakthrough in traditional measurement, formulated new measuring methods, optimized design to simplify process, lower costs, stabilize quality and improve efficiency. Transmission shaft high end TG roller is delivered as direct complimentary products to worldwide renowned firms such as GKN Global Sourcing and NEXTEER etc. The Company currently owns 50 patents, of which 37 are valid (2 invention and 35 utility model patents), which are all applied on various new products of Zhenhua Bearing.