Luoyang XinQianglian Slewing Bearing

What Luoyang XinQianglian Slewing Bearing does

Luoyang Xinqianglian Slewing Bearing Co., Ltd. (洛阳新强联回转支承股份有限公司) is a Chinese industrial manufacturer founded in 2005 and headquartered in Luoxing Industrial Park, Xin'an County, Luoyang, Henan Province, specializing in large-scale slewing bearings and industrial forgings. Its products span wind turbine yaw, pitch, and main bearings (including triple-row cylindrical roller, double-row tapered roller, and single-row tapered roller variants); tunnel boring machine (shield machine) cutter head main bearings and components such as drive plates, sealed raceways, and articulating bearings; marine and offshore crane slewing bearings; plus construction machinery, port machinery, mining equipment, and entertainment (ferris wheel) bearings. Product outer diameter ranges from 0.5 meters to 25 meters, and the company's forging operations extend to 12-meter outer diameter ingots via the Shengjiu Forging subsidiary. Named proprietary technologies include three-row cylindrical roller main bearings for direct-drive wind turbines (claimed unique in China), seamless induction technology for double-row tapered roller main bearings, and Italian SAIS full CNC soft-zone quenching technology; the firm holds 79 invention and utility model patents. Headcount is reported in the 1001-5000 range, and the company lists internationally recognized certifications (ISO9001, ISO14001, OHSAS18001, BV, CCS, DNV GL).

The company sells directly to industrial equipment manufacturers (wind turbine OEMs, TBM builders, marine crane producers, construction machinery firms, port and mining operators) via field sales and website inquiry forms. Pricing is predominantly quote-based on order specifications; some catalog tiers list unit pricing (e.g., $4.43-$8.68 per piece for triple-row roller pitch bearings, MOQ 100; $16-$18 per set for TBM drive plates, MOQ 200). The customer base includes named anchor references such as the Las Vegas High Roller and Dubai Eye ferris wheel operators, world-famous construction machinery makers for 700-1250 ton crawler crane bearings, and Zhejiang Sanmen Nuclear Power Plant Phase I for shield machine main bearings. Revenue is one-time hardware sales without recurring software or service attach.

The company executed an IPO on the Shenzhen Stock Exchange GEM (ChiNext, stock code 300850) on July 13, 2020, and has since made two strategic acquisitions: Luoyang Haozhi Machinery Co., Ltd. in December 2021 and a 51.145% controlling stake in Luoyang Shengjiu Forging Co., Ltd. from Shenzhen Capital Group in September 2023, extending vertical integration into industrial forging. The reported revenue series shows flat-to-low-single-digit growth from 2021 through 2024 followed by a sharp ~64% acceleration in 2025, consistent with the consolidation of acquired forging capacity and ramp of 11MW offshore wind bearing prototypes. International reach is established through exports including the first domestically-made shield machine main bearing shipped to Russia in 2015 and bearing supply for marquee entertainment projects in the USA and UAE.

Name

Luoyang XinQianglian Slewing Bearing

Legal name

洛阳新强联回转支承股份有限公司

Website

https://lyxqlbearing.com.cn

Company type

Public

Founded year

2005

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Luoyang Xinqianglian is a Chinese public manufacturer of large-scale slewing bearings and industrial forgings, founded in 2005 and listed on Shenzhen GEM (stock code 300850), serving wind turbine, tunnel boring machine, marine crane, construction machinery, and entertainment equipment OEMs.

Ownership category

akta.pro rank

Product category

Slewing Bearings and Industrial Forgings

NAICS

Ball and Roller Bearing Manufacturing (332991), Overhead Traveling Crane, Hoist, and Monorail System Manufacturing (333923)

SIC

Ball & Roller Bearings (3562), Construction, Mining & Materials Handling Machinery & Equip (3530)

akta.pro primary industry

Crane & Hoist Components (Wire Rope, Chain, Drums, Sheaves, Motors, Controls) (IMAHAJAK)

akta.pro secondary industries

Cranes, Hoists & Overhead Material Handling (Industrial) (IMAHABAE), Heavy Lifting & Material Handling Infrastructure (Goliath Cranes, Jib Cranes, Hoists) (IMAJALAD)

Keywords

• Slewing bearings manufacturing
• Wind turbine bearings
• Tunnel boring machine bearings
• Offshore crane bearings
• Industrial forgings

Headquarters

HQ city

Luoyang

HQ country

China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Slewing Bearings and Industrial Forgings Sales: The company generates revenue through the design, development, production, and sales of large-scale slewing bearings and industrial forgings. Products include wind turbine bearings (yaw, pitch, main bearings), tunnel boring machine bearings, marine/offshore crane bearings, and other slewing bearings. Revenue is primarily from one-time product sales to industrial equipment manufacturers.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Luoyang XinQianglian Slewing Bearing designs, manufactures, and sells large-scale slewing bearings and industrial forgings with outer diameters ranging from 0.5m to 25m. Its product portfolio covers wind turbine generator bearings (yaw, pitch, main bearings including triple-row cylindrical roller and double-row tapered roller types), tunnel boring machine bearings and key components, marine and offshore crane slewing bearings, and other slewing bearings for construction machinery, port machinery, mining equipment, and ferris wheels. The company produces its own forgings (up to 12m outer diameter) and sells directly to industrial equipment manufacturers in China and abroad.

Product overview

Luoyang Xinqianglian Slewing Bearing Co., Ltd. is a manufacturer of large-scale slewing bearings and precision bearings. The company's product portfolio centers on four main categories: (1) Wind Turbine Generator Bearings including triple-row cylindrical roller main bearings, double-row tapered roller main bearings, single-row tapered roller main bearings for offshore wind, individual triple-row roller pitch bearings, yaw bearings, and pitch bearings; (2) Tunnel Boring Machine Bearings and Components including main bearings, drive plates, sealed raceways, and seals; (3) Marine and Offshore Crane Slewing Bearings including integrated and split ultra-large triple-row roller slewing bearings for floating cranes; and (4) Other Slewing Bearings for construction machinery, mining equipment, port machinery, and ferris wheels. The company also acquired Luoyang Haozhi Machinery Co., Ltd. (December 2021) and a 51.145% stake in Luoyang Shengjiu Forging Co., Ltd. (September 2023) to expand its manufacturing capabilities for large-scale slewing bearings and industrial forgings. Product outer diameter range spans from 0.5 meters to 25 meters.

Differentiator

Problem solved

Functional benefit

Products and services

• Wind Turbine Generator Bearings Large-scale bearings for wind turbine generators including yaw bearings, pitch bearings, main bearings (triple-row cylindrical roller, double-row tapered roller, and single-row tapered roller designs), and individual triple-row blade pitch bearings. Applied to 1.5MW, 2MW, 3.X MW, and 4.X MW-8MW wind turbines, with 11MW offshore wind turbine yaw/pitch bearing prototypes delivered. Target customers are wind turbine equipment OEMs.
• Tunnel Boring Machine Bearings and Components Main bearings and key components for tunnel boring machines (TBM/shield machines), including cutter head main bearings, drive plates, sealed raceways, seals, and articulating bearings. Products reached international leading level. Customers include TBM OEMs and tunnel construction contractors.
• Marine and Offshore Crane Slewing Bearings Ultra-large slewing bearings for marine and offshore applications, including integrated and split ultra-large triple-row roller slewing bearings for floating cranes. The company can produce forgings with maximum outer diameter of 12 meters, supporting full industrial chain supply to offshore crane manufacturers and offshore wind developers.
• Other Slewing Bearings (Construction Machinery, Port, Mining, Entertainment Applications) Slewing bearings for various applications including construction machinery (large crawler cranes, truck cranes, tower cranes, excavators up to 700-1250 tons), port machinery (rotary port cranes), mining equipment (stacking and reclaiming machines, ship loaders), and entertainment equipment (ferris wheel cabin slewing bearings for the Las Vegas High Roller and Dubai Eye observation wheels).

Quantifiable outcome

• 11MW offshore wind turbine yaw and pitch bearing prototypes delivered; bearings for 1.5MW-8MW wind turbines in production
• +2 more outcomes

Named customers3 records

Segments7 records

Ideal customer profiles7 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• SKF: Largest global rolling bearing manufacturer with a strong wind and heavy-industry slewing bearing portfolio; competes with XQL on wind main bearings and large industrial applications worldwide.
• NSK: Japanese bearing major with deep presence in wind turbine and industrial machinery bearings; competes with XQL in Asian wind OEM supply chains.
• Timken: US-based leader in tapered roller bearings, including large wind turbine main bearings; comparable technology overlap with XQL's tapered roller main bearing line.
• NTN: Japanese bearing maker with established wind turbine bearing product lines, including main bearings; directly comparable in target customers (wind OEMs) and product category.
• Schaeffler / Rothe Erde / IMO: Global bearing leader with dedicated Rothe Erde and IMO slewing bearing brands; competes head-to-head with XQL in wind, crane, and offshore main bearings and is the primary global incumbent XQL is trying to displace in the Chinese market.
• JTEKT (Koyo): Major Japanese bearing manufacturer with wind, industrial, and automotive bearing lines; overlaps with XQL in heavy industrial slewing and tapered bearings.

Direct peers

• Xuzhou Wanda Slewing Bearing (XZWD): Largest Chinese domestic slewing bearing specialist competing directly with XQL across construction machinery, port machinery, wind, and entertainment equipment.
• Wuxi Jinli Slewing Bearing: Chinese domestic slewing bearing manufacturer serving wind, crane, and heavy equipment markets; direct China-based competitor with similar product range.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@XQL.slewingbearing
• LinkedInlinkedin.com/company/luoyang-xinqianglian-slewing-bearing-co-ltd

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Luoyang XinQianglian Slewing Bearing