Timken and CSR Qishuyan signed a strategic cooperation agreement

The cooperation between the two companies will not only bring more comprehensive solutions to end customers, but also traverse the current business development and provide experience in green low-carbon and sustainable development.

Since TIMKEN entered the Chinese market in 1992, Timken, relying on globally unified product quality and quality standards, as well as strong production capacity and service team in China, has established long-term cooperative relationships with many partners, and has actively participated in and promoted the development and sustainable upgrading of China’s industry by working hand in hand with its partners, and has continuously brought new We will continue to bring new value to our customers in China and around the world.

In order to jointly promote the innovative development of wind power, rail transit and mining machinery industries and continuously improve customer service capabilities, Timken and CSR Qishuyan signed a strategic cooperation agreement recently, with relevant business departments and company leaders from both sides attending the exchange meeting and signing ceremony. Mr Yu Lan, President of Timken China, and Mr Zhuang Jun, Deputy General Manager of CSR Qishuyan Institute, signed the agreement as signing representatives.

At the signing ceremony, the two sides reviewed the good co-operation and excellent results over the past ten years, and carried out in-depth discussions and exchanges on topics such as the development of the wind power industry and the application of cutting-edge technologies. Based on the signing of this strategic cooperation agreement, the two sides will focus on the core areas of rail transportation, wind power, mining machinery, etc., and carry out in-depth co-operation in innovative technology research and development, marketing, supply chain management, customer service and knowledge sharing, etc., and agreed to establish an occasional exchange of visits.

Yu Lan, President of Timken China, thanked CSR Qishuyan for its support and trust in Timken, and said that Timken will continue to take product quality as the cornerstone, maintain the advantages in cost and delivery, and continue to strengthen the investment of resources and improve the quality of service in bearing products and technical services, so as to push forward the sustained and stable development of the two sides’ business cooperation, and to make progress hand in hand.

Mr. Zhuang Jun, Deputy General Manager of CSR Qishuyan, said that in the face of the current complex and changing market environment, it is believed that under the opportunity of the renewal of this strategic cooperation agreement, the two sides will continue to broaden the scope of cooperation, explore the depth of cooperation, and continuously improve the localised service capability with a rich product line and efficient supply system.

During the meeting, CSR Qishuyan awarded Timken the strategic cooperation supplier medal. The two sides further exchanged views on the key areas of co-operation and the value advantages and results of innovative technology application in engineering projects, conveying their confidence in future co-operation and the common vision of helping China’s new industrial development.

The history of cooperation between the two sides can be traced back to more than ten years ago. CSR Qishuyan has a brilliant history of development, and maintains a leading position in the market in the three major industries of locomotives, metro and wheelbase. Timken, as a leader in engineering bearings and industrial transmission products, not only has a long history of service in the field of rail transport, mining machinery, etc., but also in the field of wind power, through continuous additional investment, the introduction of automation equipment, and actively expanding the product line and production capacity, and continue to bring the world’s advanced technical knowledge and market service experience into China.

The cooperation between the two companies will not only bring more comprehensive solutions to end customers, but also traverse the current business development and provide experience in green low-carbon and sustainable development. China is an important part of Timken’s global business, and the signing of this strategic partnership demonstrates Timken’s commitment to the Chinese market. Together with our partners, Timken will continue to diversify its services to various industries in China, creating outstanding value for consumers and customers.