UXG Bearing focuses on designing and producing high speed, low noise spherical roller bearings.

On July 27,2021, the central government recently issued awards and subsidies to Shandong UXG Bearing Manufacturing Co., Ltd., which was selected as one of the first batch of national-level specialized, special, and new “little giant” enterprises in Liaocheng City, with a total amount of 5.5 million yuan.

The “Little Giant” enterprise is a pioneer enterprise focusing on market segmentation, strong innovation ability, high market share, mastering key core technologies, and excellent quality and efficiency. In order to support the healthy development of innovative small and medium-sized enterprises, at the beginning of this year, the Ministry of Finance and the Ministry of Industry and Information Technology jointly issued the “Notice on Supporting the High-Quality Development of “Specialized, Specialized, Special and New” Small and Medium-sized Enterprises”, pointing out that from 2021 to 2025, the central government will accumulate Arrange more than 10 billion yuan in awards and subsidies to guide local governments to improve support policies and public service systems, and focus on supporting the high-quality development of more than 1,000 national-level specialized, specialized, and new “little giant” enterprises in 3 batches (each batch does not exceed 3 years). And by supporting some national (or provincial) public service demonstration platforms for small and medium-sized enterprises to strengthen the service level, and gather resources such as funds, talents and technologies, it has driven about 10,000 small and medium-sized enterprises to grow into national-level specialized and special new “little giant” enterprises.

It is understood that the “little giant” enterprises enjoying the awards and subsidies this time are selected from the national specialized, special and new “little giant” enterprises recognized by the Ministry of Industry and Information Technology. Tiangong Geotechnical, Yujie Bearing and Shandong Tiandun respectively received 1.75 million yuan, 2 million yuan and 1.75 million yuan in bonus funds. These awards and subsidies will support enterprises to increase investment in innovation, accelerate the industrial application of technological achievements, support the industrial chain to supplement the chain, extend the chain and solidify the chain, and improve the stability and competitiveness of the industrial chain and supply chain.
Shandong UXG Bearing Company specializes in designing and manufacturing various series of high-speed and low-noise spherical roller bearings and cylindrical roller bearings. As the winning unit of China Machinery Industry Science Progress Award, the drafting unit of China’s national bearing standards, the provincial technology center and the individual champion enterprise, the company’s products have all passed the national inspection and were rated as “superior products”. Factory, mining, papermaking and other fields are well received by customers and are recommended products in the China Metallurgical Catalogue.