Since 2008,the face of the global financial crisis on the bearing industry a huge impact,the machine Luoyang Bearing Science and Technology Co.,calm response to the crisis at the same time,rely on themselves and actively planning the long-term development of the company.Development of a careful analysis of the company's management and development trend of domestic bearing industry,combined with the actual situation of the enterprise,and actively develop measures and long-term development plan to deal with the crisis,according to the established idea of resource integration of complementary advantages,and actively introduce strategic partners,implementation of equity optimization.Until the end of June 2010,has successfully completed the task of strategic significance.

　　In the completion of the company's first five-year development plan,based on the financial strength based on the controlling shareholder of the company Hanking Industrial Group,a market advantage,combined with the company's own technology,product advantages,the machine bearing the second round of five-year development plan has been activated.20 sets of high-precision parts and equipment and instrumentation technology began in 2011 plans to purchase the succession in place,which will further enhance research and development capabilities and market competitiveness in the machine bearings.Expected completion of a new round of investment will enable the company's strength and size leapt to a new platform.