洛阳轴承集团进出口有限公司

What 洛阳轴承集团进出口有限公司 does

Luoyang Bearing Group Co., Ltd. (LYC) is a Chinese state-affiliated industrial bearing manufacturer established in 1954 and headquartered at 96 Jianshe Road, Jianxi District, Luoyang, Henan. The company operates through a network of 25 factories and 200+ production lines on a footprint of approximately 1.667 million square meters, employing roughly 1,000+ engineering personnel and 7,000+ manufacturing associates. It produces rolling-element bearings across nine product categories and more than 15,000 variants, ranging from miniature deep-groove ball bearings to extra-large slewing bearings with outer diameters up to 13.5 meters and weights up to 25.4 metric tons, achieving precision levels up to P2 grade. All key components — rollers, balls and cages — are produced in-house through a complete chain spanning forging (ring rolling), turning, heat treatment, grinding and assembly, which the company leverages as its primary integration advantage.

LYC's product portfolio is organized into core general bearings (deep-groove ball, self-aligning ball, cylindrical/spherical/needle roller, angular contact, tapered roller and thrust bearings), slewing bearings with five sub-designs, and a specialty portfolio that includes railway bearings (AAR- and CRCC-certified up to 350 km/h), wind turbine yaw/pitch/main-shaft/gearbox bearings (GL-certified), automotive hub bearings, construction machinery bearings, medical CT spindle bearings, tunnel boring machine main bearings, slewing bearings, thin-section bearings for aerospace and robotics, and metallurgical bearings. The company operates a state-level R&D center established in 1996 with 5 institutes, 4 labs, 300+ research engineers, 170 patents (including 10 invention patents) and 8,500+ new products developed annually, and has authored four Chinese national bearing standards.

LYC sells via a hybrid model: more than 50 direct sales offices and 300+ dealers across China supplement direct enterprise sales to OEMs in automotive (FAW-Volkswagen, Shanghai Volkswagen, Dongfeng Peugeot Citroen, SAIC, Chery, Geely), construction machinery (Xugong, Liugong, Longgong, Sanyi, Yutong), steel/metallurgy (Baoshan, Anshan, Wuhan), railway (China Railway), marine (ABS, DNV, BV, GL) and medical equipment (GE Medical Systems). International reach covers 70+ countries through direct export and a formal overseas distributor and agent program, supported by an in-house technical service platform offering consultation, failure analysis and fault detection. A 2010 joint venture with Japan's NTN provides technology-sharing and additional product reach. Pricing is quote-based on multi-year contracts; no public pricing exists. Certified to ISO 9001:2015, ISO 14001, OHSAS 18001, IATF/TS 16949, AS9100D, AAR, CRCC, GL and CNAS, LYC is positioned as one of China's largest and most diversified bearing manufacturers, with the automotive segment alone generating approximately USD 70 million in disclosed annual sales income.

Name

洛阳轴承集团进出口有限公司

Legal name

Luoyang Bearing Group Co., Ltd.

Website

https://lycbearing.com

Company type

Private

Founded year

1954

Operating status

Operating

Headcount range

1–10 employees

Short description

Luoyang Bearing Group (LYC) is a Chinese state-affiliated industrial bearing manufacturer founded in 1954, producing 15,000+ bearing variants across nine categories — from miniature ball bearings to 13.5-meter slewing rings — for automotive, railway, wind, construction machinery, metallurgy, marine, medical, aerospace and machine-tool OEMs in 70+ countries.

Ownership category

akta.pro rank

Product category

Industrial Bearings Manufacturing

NAICS

Ball and Roller Bearing Manufacturing (332991)

SIC

Ball & Roller Bearings (3562)

akta.pro primary industry

Aerospace Bearings, Bushings & Motion Components (IMABANAB)

Keywords

• Industrial bearing manufacturing
• Rolling element bearings
• Slewing bearings
• Railway bearings
• Wind turbine bearings

Headquarters

HQ city

Luoyang

HQ country

China

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Bearing Products Manufacturing and Sales: Manufacturing and selling comprehensive range of bearings including deep groove ball bearings, self-aligning ball bearings, cylindrical roller bearings, spherical roller bearings, needle roller bearings, angular contact ball bearings, tapered roller bearings, thrust ball bearings, thrust roller bearings, railway bearings, hub bearings, slewing bearings, and specialized bearings. Product range divided into nine categories with more than 10000 different variants.
2. Technical Services and Consulting: One-stop service and technical consulting including technical consultation, failure analysis, and fault detection through established domestic bearing service platform.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels7 records

Core offering

Luoyang Bearing Group manufactures and sells a comprehensive range of industrial rolling element bearings across nine product categories with more than 10,000 variants, including ball bearings (deep groove, self-aligning, angular contact, thrust), roller bearings (cylindrical, spherical, needle, tapered, thrust), railway bearings, hub bearings, slewing bearings, and specialty bearings for wind energy, medical, automotive, and aerospace applications. All components (roller, ball, cage) are produced in-house from forging through assembly, with size range from ID 8mm to OD 13.5m and precision up to P2 grade. The company also provides technical consultation, failure analysis, and fault detection services through a domestic bearing service platform.

Product overview

LYC (Luoyang Bearing Group) is a world-class bearing manufacturer established in 1954, operating as a single unified product platform producing industrial bearings across 10+ categories with more than 15,000 product variants. The core product portfolio centers on rolling element bearings including deep groove ball bearings, roller bearings (cylindrical, spherical, tapered, needle), thrust bearings, and specialized bearing types. These are organized around several product families: the general bearing series (standard industrial bearings), slewing bearing series (with sub-types including four-point contact ball, double-row ball, cross cylindrical roller, three-row cylindrical roller, and roller/ball combination designs), and specialty products for targeted industries. LYC's specialty offerings include railway bearings (AAR and CRCC certified), wind turbine bearings (GL certified), medical CT machine spindle bearings, tunnel boring machine bearings, automotive bearings, agricultural machinery bearings, and aerospace thin section bearings. The company manufactures all components in-house (rollers, balls, cages) from forging through assembly, with products ranging from 8mm inner diameter to 13.5 meters outer diameter, and precision levels up to P2 grade.

Differentiator

Problem solved

Functional benefit

Products and services

• Deep Groove Ball Bearings The most common type of bearing, mainly used for pure radial loads. Features high reliability, versatile sizing, and widespread industrial application.
• Self-Aligning Ball Bearings Features a spherical raceway in the outer ring that allows for self-alignment, compensating for shaft deflection and misalignment in industrial applications.
• Cylindrical Roller Bearings Most are separable for easy mounting and dismounting. Has large radial loading capacity compared to deep groove ball bearings of the same size.
• Spherical Roller Bearings Consists of outer ring with spherical raceway and inner ring with double-row raceway. Accommodates misalignment and heavy radial/axial loads in demanding applications.
• Needle Roller Bearings Have small axial section dimension, good rigidity and high load-carrying capacity. Suitable for applications with limited radial space such as automotive transmissions.
• Angular Contact Ball Bearings Also called angular contact radial thrust ball bearings. Accommodates combined radial and axial loads with high precision.
• Tapered Roller Bearings Have tapered cone and cup with taper rollers arranged between them. Suitable for combined radial and axial load applications including automotive wheel hubs and gearboxes.
• Thrust Ball Bearings

Quantifiable outcome

• Annual output exceeding 120 million units
• +5 more outcomes

Named customers13 records

Segments8 records

Ideal customer profiles8 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core.

• NTN Joint VenturecoreStrategic or Co-development Partner · 1 October 2010LYC decided to set up a joint venture with NTN in Luoyang in October 2010, expanding capabilities and market reach in bearing manufacturing.
• Peugeot Citroen Group (France)coreStrategic or Co-development Partner · 1 February 2009LYC successfully cooperated with Peugeot Citroen Group of France in February 2009, becoming the first bearing manufacturer in China to enter this automotive group.
• GE Medical Systems (United States)coreStrategic or Co-development Partner · 1 January 1999LYC company and GE Medical Systems reached consensus on joint efforts of CT localization in 1999. Project started from January 2001 to develop and produce CT machine spindle bearings. LYC became world's second, China's first company to mass produce such high-precision medical device bearings.
• ABS (American Bureau of Shipping)coreTechnology or IntegrationLYC has good cooperation with ABS for marine engineering equipment. ABS representatives conducted on-site inspection and acceptance for LYC's large slewing bearings in 2014.
• China Railway Tunnel GroupcoreStrategic or Co-development PartnerLYC and China railway tunnel group jointly held Tunnel Boring Machine remanufacturing main bearing usage assessment meeting. LYC became first domestic enterprise to pass industry evaluation for Tunnel Boring Machine remanufacturing main bearing.

Scale indicators11 records

Recent moves9 records

Expansion highlights7 records

Direct peers

• NSK Ltd. Japanese tier-1 bearing manufacturer producing ball bearings, roller bearings, and automotive/industrial bearings. Competes head-to-head with LYC in Chinese automotive OEM supply (FAW-VW, Shanghai VW) and industrial machinery segments, with similar export-driven business models.
• Schaeffler Group: German manufacturer of bearings (INA, FAG brands) and automotive components. Directly comparable to LYC in industrial bearings, automotive wheel bearings, slewing bearings, and precision bearings for machine tools and aerospace applications.
• NTN Corporation: Japanese bearing manufacturer and LYC's joint venture partner (LYC Shanghai Tieke Bearing, established 2010). Direct competitor in wind turbine, railway, automotive, and industrial bearings; the JV combines both firms' capabilities for joint customer wins.
• Nachi-Fujikoshi: Japanese manufacturer of bearings, cutting tools, and hydraulic equipment. Competes with LYC in machine tool spindle bearings, automotive bearings, and industrial applications, particularly in Asian OEM supply chains.
• Wafangdian Bearing Group (ZWZ): China's largest dedicated bearing manufacturer and LYC's most direct domestic competitor. Produces similar ball, roller, slewing, railway, and wind turbine bearings for Chinese industrial customers; competes head-to-head with LYC across virtually all Chinese vertical segments.
• The Timken Company: US-based manufacturer of tapered roller bearings, spherical bearings, and power transmission products. Comparable to LYC in metallurgical, railway (AAR market), wind energy, and heavy industrial bearing segments, with similar high-reliability certification requirements.
• C&U Group: Major privately-held Chinese bearing manufacturer producing deep groove ball bearings, tapered roller bearings, and automotive hub bearings. Direct competitor to LYC in Chinese automotive aftermarket and OEM supply, with comparable export business.
• JTEKT Corporation: Japanese bearing manufacturer (Koyo brand) producing ball and roller bearings for automotive, industrial, and railway applications. Directly competes with LYC in automotive hub bearings, electric motor bearings, and machine tool spindle bearings.
• SKF: World's largest rolling bearing manufacturer with a full range of ball, roller, slewing, railway, wind, and aerospace bearings. Directly competes with LYC across virtually every product category, including the wind yaw bearing category where LYC replaced an SKF product in 1999.

Emerging players

• RBC Bearings: US-based specialty bearing manufacturer focused on aerospace, defense, and industrial applications. Comparable to LYC's specialty segments (aerospace thin section bearings, medical CT bearings, slewing bearings) but with less automotive and railway exposure.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UC_sgsCJRtHS38kWxFRXvCTw
• Facebookfacebook.com/lycbearing
• LinkedInlinkedin.com/company/%E6%B4%9B%E9%98%B3%E8%BD%B4%E6%89%BF%E9%9B%86%E5%9B%A2%E8%BF%9B%E5%87%BA%E5%8F%A3%E6%9C%89%E9%99%90%E5%85%AC%E5%8F%B8

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries15 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

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