On 8th March, ZWZ Group Shanghai R&D Center Co., Ltd., located on Suhong Road (Hongqiao Business District) in Minhang District, Shanghai, officially entered into operation. This is an important layout of ZWZ Group on the global R&D platform, following the National Large R&D Center on Bearing Engineering Technology, European R&D Center, and American R&D Center.
In recent years, ZWZ Group has always kept in mind the historical mission of leading industrial development, assisting in the transformation and upgrading of equipment manufacturing industry, and becoming a technological powerhouse entrusted by the country and provinces and cities, and is focused on strengthening, optimizing, and expanding its main bearing industry, accelerating the pace of high-quality development. In the future, ZWZ Group will focus on developing high-end products in various fields such as transmission bearings, wind power bearings, automotive bearings, precision machine tool bearings, cement bearings, metallurgical bearings, etc. ZWZ Shanghai R&D Center will fully leverage the advantages of Shanghai as China's economic and talent center, gather high-end talents, break through key technologies, and achieve complementary advantages with the headquarters' national large-scale bearing engineering and technology research center, accelerate the R&D pace of product updates and iterations, accelerate the transformation of R&D achievements, expand market share, and consolidate industry leading position. At the same time, ZWZ Shanghai R&D Center will play a core and service role in radiating, diffusing, demonstrating, and driving the surrounding areas. Relying on Shanghai R&D Center as a technical support, ZWZ will form a service model that quickly meets the market demand in the Jiangsu, Zhejiang and Shanghai region.
By 2025, more than 60% of the high-end products developed by the Shanghai R&D Center of ZWZ will reach international advanced levels, driving a market scale of 1-2 billion yuan, improving the core competitiveness of the enterprise, and helping ZWZ become a globally competitive bearing industry group with international competitiveness.