In March, SKF continued to take solid steps in promoting the development of China’s heavy industry, signing strategic cooperation agreements with CITIC Heavy Industry Machinery Co. These two important activities mark the cooperation and contribution of SKF in the heavy industry will reach a new height.
Teng Zhengji, Vice President of SKF China, said: “A journey of a thousand miles begins with a single step. The SKF and CITIC Heavy Industry and China Heavy Machinery Research Institute strategic agreement signed, will be the complementary advantages of the two sides, information sharing, mutual benefit and win-win start, we will strive to build the two sides of the development of a new platform for cooperation, a new mechanism, to further deepen the use of resources, business integration, all-process services, such as a full range of cooperation and exchanges, to enhance the level of strategic synergies and enhance the level, enhance the ability to innovate, deepen the bearings, lubrication, sealing, condition monitoring and other products, and jointly create forward-looking technology to realise the strategy.
01Deepening Expansion to Create Future
CITIC Heavy Industries is one of the largest heavy equipment manufacturers in China, known as “the backbone of China’s industry, the cradle of major equipment”, the world’s most competitive mining equipment, cement equipment manufacturers and service providers, the first echelon of the domestic special robotics industry. CITIC has four major business segments, namely heavy equipment, new energy equipment, engineering complete sets and new business, and its products and services cover more than 50 countries and regions along the “Belt and Road”.
On 20 March, at CITIC Heavy Industry’s 2023 Annual Supplier Conference, SKF won the title of CITIC Heavy Industry’s 2023 Annual Strategic Supplier and signed the 2024 Strategic Cooperation Agreement, thanks to its excellent technical experience, service capability and strong assistance in supply chain construction.
SKF has been cooperating with CITIC Heavy Industries for more than 30 years. As the only strategic supplier of its imported bearing brand, SKF has signed a strategic partnership with CITIC Heavy Industries in recent years to further expand the depth and breadth of cooperation and provide complete solutions and products including bearings, seals, lubrication and condition testing.
In the future, SKF and CITIC Heavy Industry will further promote the creation of a win-win circle of core manufacturing cooperation through the continuous improvement of technical services, high-quality products and delivery support, and better after-sales service.
02New Leap in Strategic Development
Formerly known as the Heavy Machinery Research Institute of the First Ministry of Machinery Industry, founded in 1956, China Heavy Industries is a high-tech enterprise in the research and development, design and general contracting of major technological equipment for China’s metallurgy, heavy machinery and other industries, and is now subordinate to the world’s top 500 enterprises under the direct management of the central government – China National Machinery Industry Corporation (CNMIC). Holding subsidiary of SINOMACH Heavy Equipment Group Co.
On 21 March, Teng Zhengji, Vice President of SKF China, and Jia Qing, Director of Metallurgy and Heavy Industry, went to Xi’an to sign a strategic cooperation agreement with China Heavy Industry Institute (CIHI) to deepen the cooperation. China Heavy Industries put forward high expectations for SKF, based on product, supply, technology and other aspects of co-operation, and hope that SKF can continue to provide high-quality products and services, to help it expand overseas markets, and to enhance market competitiveness.
SKF will continue to strengthen and consolidate the cooperation with China Heavy Industries with advanced bearing application solutions for metallurgical and heavy industries, fast localised response and delivery, to continue to win the favour of customers and to promote China’s national equipment manufacturing industry to become more sophisticated and stronger.
From catching up to surpassing, China’s industry has gone through a difficult journey and is now standing in the centre of the world stage, showing incomparable vitality and potential. Having entered China for more than 110 years, SKF has witnessed China’s economic take-off and has been deeply involved in the rapid development of Chinese industry. SKF always focuses on the two keywords of “intelligence” and “cleanliness”, accelerates the localisation of the whole value chain in China, builds a mutually beneficial economic community with China Heavy Industries and CITIC Heavy Industries, and rapidly pushes forward the upgrading and internationalisation of China’s manufacturing industry. development of China’s manufacturing industry and internationalisation, writing a new chapter of win-win co-operation!