Self-lubricating bearings domestic market demand continues to rise, while the policy of stimulating domestic demand driven by expanding domestic production of self-lubricating bearings from time to time, so that in 2011 China’s self-lubricating bearings and sales volume ranked first in the world to continue. In 2011, the country self-lubricating bearings tool industry output value reached 6, with the rapid development of China’s manufacturing industry. 60.65 billion yuan, an increase of 32.1% in sales value reached 6,424.9 billion yuan, up 31.1 percent overall, the country’s self-lubricating bearings tool industry continued the rapid growth in 2010, but growth from the second half showing a slow down trend . Domestic self-lubricating bearings currently nearly 70% to about 30% NC rate, and the difference between the larger countries, and precision self-lubricating bearings 50% dependent on imports, the development of high-end CNC self-lubricating bearings become the only way for China’s future industrial upgrading .
Self-lubricating bearings
According to one of the major projects of national science and technology, “high-end CNC self-lubricating bearings and basic manufacturing equipment” requirement, by 2020 China will achieve the high-end CNC self-lubricating bearings are mainly based on domestic, aerospace, marine, automotive, power generation equipment manufacturers require high-end CNC self-lubricating bearings and manufacturing equipment to achieve 80% localization. But self-lubricating bearings segment operating income declined year on year, in 2011 self-lubricating bearings industry overall revenue continues to grow. Pegasus shares mainly produce self-lubricating bearings are self-lubricating bearing heavy NC, NC market compared with ordinary narrow self-lubricating bearings, the value of a single self-lubricating bearings are self-lubricating bearings higher than normal, and therefore more vulnerable to manufacturing the overall market environment Impact. Due to the macroeconomic situation in 2011 recession, the manufacturing sector showed a downward trend, the production of heavy-duty CNC Pegasus shares as a manufacturing self-lubricating bearings upstream product, market demand decreased significantly, resulting in the company self-lubricating bearings segment operating income decreased by 15.52% to 12.19 billion.
