Wuhu builds high-end bearing industrial base to add strong driving force

The Humanities, Research, and Innovation Park project of Renmin Group started construction in the eastern section of the state-level Wuhu Economic Development Zone, adding a strong impetus to the development of Wuhu's equipment manufacturing industry.

Bearings belong to the basic industry of high-end equipment manufacturing industry and are also the first industry in the key development of Wuhu City. Renmin Group is one of the largest bearing manufacturers in China and has seven bearing production bases in Wenzhou, Hangzhou, Wuxi and Shanghai, more than 70 bearing finished products and accessories manufacturing companies, and an annual production capacity of 650 million sets, which is in the same industry in China. Among the best in the country. This time, led by Renmin Group, together with dozens of industrial enterprises to build a high-end bearing industrial base in Wuhu City, invested 9.13 billion yuan to create a production and research and innovation park, including 16 major types of bearing projects, research and development centers, schools and training bases, etc. Among them, 7.38 billion yuan was invested in industrial projects. It is expected that the annual output value of the project will exceed 10 billion yuan, forming a batch of bearing enterprises with the largest scale and horizontal rank in the world, promoting the transformation and upgrading of China's bearing industry and realizing the leap from "manufacturing" to "creating."