Recently, Wuxi Huayang Rolling Bearing Co., Ltd. (hereinafter referred to as "Huayang") and Luoyang Bearing Research Institute Co., Ltd. held an unveiling ceremony for the "United Technology Center" jointly established. Senior leaders from both sides attended the unveiling ceremony.

Huayang is a big enterprise integrating R&D, manufacturing and sales of rolling bearings, especially in the fields of deep groove ball bearings, one-way bearings. It has a high reputation at home and abroad. Luoyang Bearing Research Institute Co., Ltd., affiliated to China National Machinery Industry Corporation, is the only national comprehensive technical research institution in the domestic bearing industry and is well-known in the field of angular contact ball bearings. The two parties will carry out close and comprehensive cooperation in industrial development planning, technological innovation research and development, process tooling, testing, basic research and other comprehensive technologies based on the principle of mutual benefit.