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As a key construction project during the “12th Five-Year Plan†period of the Wazhou Group, the Waxi Group's high-end manufacturing industrial park was laid on September 28, 2011, with a total area of ​​1.05 million square meters, covering 12 industrial equipment bearings, automotive bearings, and precision grinding machines. Precision functional components, national bearing testing and testing center, marketing service center and other projects. In just one year, the first project of the Wazhou Group high-end manufacturing industrial park, the automotive bearing project, was completed and put into production. The project includes the construction of four major parts: automotive bearing technology R&D center, forging factory, truck bearing manufacturing plant, and car bearing manufacturing plant. The supporting areas include light, medium and heavy trucks, cars, passenger cars, all kinds of construction machinery vehicles and electric vehicle bearings. With an annual production capacity of 25 million sets, it is the world's largest single-bearing truck bearing factory.
In recent years, the WZG Group has firmly grasped the historical opportunity of the State to implement the strategy of rejuvenating the old industrial base and the equipment manufacturing industry. In 2005, WaZe Store built a new “precision technology and manufacturing industrial park†focusing on bearings for major equipment. In 2008, a “motor-driven automotive bearing industrial park†focused on motor and car-supported bearings was built in the Dalian Free Trade Zone. After the previous round of technological innovation and technological transformation, compared with the beginning of the “Eleventh Five-Year Plan†period, Wazhou Group achieved a 125.1% year-on-year increase in total industrial output value, a 117.8% year-on-year increase in operating income, a 437.5% increase in total profit, and an increase in employee income of 110. %, achieved the goal of “building a new tile axisâ€.
On September 28th, Dalian Huafangdian Coastal Economic Zone Bearing City Center District and Wazhou Group High-end Manufacturing Industrial Park Automobile Bearing Project held a ceremony to mark the completion of the ceremony. Representatives of more than 70 key auto industry users from home and abroad attended the ceremony.