26
2024
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02
China Car Capital's China Car Transformation and Upgrading Fund completed its investment in Wafangdian Weiyuan Rolling Element Manufacturing Co.

Weiyuan rolling element was established in March 2016, focusing on the production and manufacturing of high-end rolling elements in the bearing field, and can provide full-size, high-precision and high-consistency precision rolling element products. The company focuses on the development of large and medium-sized rolling body products in the domestic enterprises to take the lead in SKF, Luo axis, new strong joint and other well-known bearing manufacturers at home and abroad supply chain, in the wind power bearings, industrial machinery bearings and other fields of a large number of promotion and application, and in the field of rail bearings for technical reserves. The company is a small giant enterprise and a national high-tech enterprise in Liaoning Province, and has been selected as an excellent enterprise and excellent supplier by China Bearing Industry Association.

This investment will accelerate the technical cooperation between Weiyuan Rolling Body and CNR in the fields of wind power and rail transit, promote industrial development with capital, continuously serve the new pattern strategy of "double track and double cluster" industrial development of CNR Group, continuously serve the "complementary chain, strong chain and solid chain" of CNR industrial chain, help CNR realize independent control of the whole industrial chain, and promote the high-quality development of CNR.
Based on the capital management and capital operation platform of CNR, CNR Capital focuses on the core business and strategic emerging industrial chain of CNR, continuously summarizes and enriches the collaborative development model of "industrial capital", and promotes industrial restructuring, transformation and upgrading, mergers and acquisitions, production capacity cooperation and transformation of scientific and technological innovation achievements. To achieve common growth while creating value for shareholders and invested enterprises. The company is committed to building a well-known domestic equity investment institutions and central enterprises head industrial financial platform.
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Recently, the China Car Transformation and Upgrading Fund initiated by the China Car Capital owner completed the equity investment in Wafangdian Weiyuan Rolling Body Manufacturing Co., Ltd. (hereinafter referred to as "Weiyuan Rolling Body"), a leading enterprise in the medium and large bearing rolling body industry.