Luoyang XinQianglian Slewing Bearing
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.
- Company typePublic
- Founded2005
- HeadquartersLuoyang, China
- Headcount1,001–5,000
- GTM typeB2B
- OfferingHardware or Manufacturing
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.
Luoyang XinQianglian Slewing Bearing firmographics
Firmographics- 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
Luoyang XinQianglian Slewing Bearing industry classification
Industry- 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
Where Luoyang XinQianglian Slewing Bearing is headquartered
LocationHeadquarters
- HQ city
- Luoyang
- HQ country
- China
- HQ region
- Asia
Offices1 record
Markets served
Luoyang XinQianglian Slewing Bearing business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- 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
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Individual triple-row roller pitch bearing |
| Unit Pricing | Pay-as-you-go | Drive plate for tunnel boring machines |
| Unit Pricing | Pay-as-you-go | Ferris wheel slewing bearing |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels5 records
Luoyang XinQianglian Slewing Bearing product offering
Product offeringCore 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
Companies that use Luoyang XinQianglian Slewing Bearing
Customer profileNamed customers3 records
Segments7 records
Ideal customer profiles7 records
Luoyang XinQianglian Slewing Bearing technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Luoyang XinQianglian Slewing Bearing partnerships and signals
Strategic signalScale indicators5 records
Recent moves7 records
Expansion highlights6 records
Luoyang XinQianglian Slewing Bearing competitors and assessment
Company assessmentBroad 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
Luoyang XinQianglian Slewing Bearing social profiles
Digital presenceLuoyang XinQianglian Slewing Bearing financial estimates
Financial estimateRevenue estimate
Valuation estimate
Luoyang XinQianglian Slewing Bearing leadership team
Management profileNumber of profiles
Luoyang XinQianglian Slewing Bearing subsidiaries and ownership
Company hierarchySubsidiaries2 records
Luoyang XinQianglian Slewing Bearing funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Luoyang XinQianglian Slewing Bearing M&A and investment
M&A and investmentM&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
What does Luoyang XinQianglian Slewing Bearing do?
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.
Is Luoyang XinQianglian Slewing Bearing a public or private company?
Luoyang XinQianglian Slewing Bearing is a public company. It is classified as public and is currently operating.
When was Luoyang XinQianglian Slewing Bearing founded?
Luoyang XinQianglian Slewing Bearing was founded in 2005. It employs 1,001 to 5,000 people.
Where is Luoyang XinQianglian Slewing Bearing based?
Luoyang XinQianglian Slewing Bearing is headquartered in Luoyang, China, in the Asia region.
How does Luoyang XinQianglian Slewing Bearing make money?
One revenue line is on record: slewing Bearings and Industrial Forgings Sales.
Who are Luoyang XinQianglian Slewing Bearing's main competitors?
Broad incumbents on record are SKF, NSK, Timken, NTN, Schaeffler / Rothe Erde / IMO and JTEKT (Koyo). Direct peers are Xuzhou Wanda Slewing Bearing (XZWD) and Wuxi Jinli Slewing Bearing.
Does Luoyang XinQianglian Slewing Bearing have an API?
No public API is recorded for Luoyang XinQianglian Slewing Bearing.
What industry is Luoyang XinQianglian Slewing Bearing in?
Luoyang XinQianglian Slewing Bearing's product category is Slewing Bearings and Industrial Forgings. Its primary akta.pro industry code is IMAHAJAK, Crane & Hoist Components (Wire Rope, Chain, Drums, Sheaves, Motors, Controls), with a secondary code of IMAHABAE, Cranes, Hoists & Overhead Material Handling (Industrial). Its NAICS code is 332991 and its SIC code is 3562.