China Luoyang newly added 69 provincial-level specialized and innovative enterprises to help upgrade local industries

In the selection of the second batch of provincial-level specialized, refined and innovative small and medium-sized enterprises in 2024, a total of 69 enterprises in Luoyang were recognized. So far, the total number of provincial-level and above specialized, refined and innovative small and medium-sized enterprises cultivated in Luoyang has reached 436, achieving the growth goal of doubling the number within two years.

Among these new companies, Luoyang LYC Automobile Bearing Technology Co., Ltd. has performed particularly well. As the only company in Luoyang and even Henan Province that focuses on wheel hub bearing manufacturing, it has made full use of the opportunities of the rapid development of the new energy vehicle industry and is committed to building the most comprehensive, most automated and most efficient wheel hub bearing production line in China. At present, the company can complete the production of a set of new energy vehicle wheel hub bearings every 15 seconds, and the market demand is strong, which has driven the company's performance to new heights.

In addition, Luoyang Shuangrui Anticorrosion Engineering Technology Co., Ltd. is also a company worthy of attention. As a member of China Shipbuilding Industry Corporation Shuangrui Technology Holdings Co., Ltd., it is a state-owned high-tech enterprise that has been deeply involved in the field of coatings manufacturing for 24 years and has the largest anticorrosion coatings production base in the central and western regions. The company is in a leading position in China in terms of heavy-duty anti-corrosion coatings and high-performance environmentally friendly coatings for marine engineering. In recent years, its operating income and net profit growth rates have achieved remarkable results.

In addition, Luoyang Dianniu New Power Technology Co., Ltd. focuses on the power battery cascade utilization market, especially in the secondary utilization of new energy bus batteries. Through the active development of key technology research and development and market development, the company has made important progress in many fields such as standard lithium battery modules, fire emergency backup power supplies, RV power supplies and AGV special power supplies, and its products have been successfully applied to many national key projects.

In recent years, the Luoyang Municipal Government has continued to implement the support plan for specialized and new enterprises, which has promoted the rapid growth of these enterprises in a stable and healthy direction. At present, Luoyang has formed a group of enterprises with strong innovation capabilities, distinctive characteristics, and a dominant position in the domestic market segments. They are praised as "supporting experts", "single champions" or "industry little giants". So far, Luoyang has cultivated a total of 56 national-level specialized and new "little giant" enterprises, 380 provincial-level specialized and new small and medium-sized enterprises, and 1,269 innovative small and medium-sized enterprises, building a complete cultivation system from incubation to growth and then to expansion.