Xinqianglian plans to raise 1.5 billion yuan to boost the production of large-megawatt wind power bearings
On December 24, 2025, LYXQL announced its plan to raise no more than 1.5 billion yuan through a private placement, primarily investing in the capacity expansion of 6MW and above high-power wind turbine main bearings, yaw and pitch bearings, and their core components.
As my country's wind power industry accelerates its transformation towards larger and more efficient models, single-unit capacity is continuously increasing, with 6MW and above high-power wind turbines becoming mainstream. This trend has driven strong demand for high-reliability, high-performance wind turbine bearings, leading to continuous market expansion.
LYXQL stated that the company has built a complete business system covering procurement, manufacturing, and sales in the wind turbine bearing field, possessing solid technological accumulation and customer resources. This fundraising project will effectively enhance its independent supply capabilities in the high-end wind turbine main bearing field, further consolidating its competitive advantage in the core components of new energy equipment.
This move not only aligns with the direction of clean energy equipment upgrading under the national "dual-carbon" strategy but also has the potential to break the long-term reliance on imports for large-megawatt wind turbine bearings, promoting the domestic substitution process in key links of the industrial chain.
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.
BRIEF INTRODUCTION
Cnbearing is the No.1 bearing inquiry system and information service in China, dedicated to helping all bearing users and sellers throughout the world.
Cnbearing is supported by China National Bearing Industry Association, whose operation online is charged by China Bearing Unisun Tech. Co., Ltd.
China Bearing Unisun Tech. Co., Ltd owns all the rights. Since 2000, over 3,000 companies have been registered and enjoyed the company' s complete skillful service, which ranking many aspects in bearing industry at home and abroad with the most authority practical devices in China.
