In the first three quarters, Bacheng Motor Company's net profit declined

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In recent days, approximately 40% of automotive companies in Shenzhen and Shanghai have released their third-quarter financial reports. Overall, while more than half of the companies saw a year-on-year increase in revenue during the quarter, a staggering 80% experienced a decline in net profit. This trend is especially notable among sedan manufacturers, as few of them are performing well. However, 20% of the companies are focused on passenger cars and auto parts, which still show some level of stability. The overall gross profit margin has declined, with rising operating expenses being a major factor. Among the listed car companies, Shanghai Automotive (600104) reported a 23% drop in net profit for the third quarter, while Changan Auto (000625) saw a 32% year-on-year decline. The primary reasons behind this performance include falling vehicle prices and a significant rise in operational costs. Companies have either actively or passively adjusted their pricing strategies to remain competitive. Additionally, many have cited increased marketing expenses due to fierce market competition as a key driver of higher costs. It's also worth noting that some companies have seen a sharp increase in accounts receivable and inventory levels compared to the start of the year, which could signal potential cash flow challenges. Looking at the passenger car segment, the gross profit margin has further deteriorated. Except for Yaxing Bus (600213), other bus companies maintained some level of revenue growth in the third quarter. However, the gross profit margin for passenger cars remains low—typically between 10% and 15%—and has been squeezed even further due to intense competition, leading to lower profits across the board. In the commercial vehicle category, the impact of macroeconomic control policies has been significant. Big Star Ma Automobile (600375), which specializes in bulk cement trucks and concrete pump trucks, saw its main business revenue and profits fall by around 40% in the third quarter. The company attributed this to government measures aimed at curbing investment in overheated industries, reduced fixed asset investment, and tighter bank credit for auto consumers. On the auto parts side, profit growth has remained challenging. Although most auto parts companies continued to show strong growth in the third quarter, declining vehicle prices and rising raw material costs—especially steel—have led to a general decline in gross margins. This directly contributed to a year-on-year drop in net profits for these companies. (Reported by "Securities Times")

Swing Bearing

Introduction to ZW Swing Bearing

Established in 2020 and officially put into the market in 2022, it is one of the leading products of Xingtai Zhongwei Zhuote Hydraulic Technology Co., Ltd. Widely used in construction machinery, engineering machinery, port machinery, metallurgy machinery, light industry machinery, wind power generation, medical CT, military industry and other fields, and exported to Europe, America and Southeast Asia in batches.
swing bearing

Product introduction and category

1. Product introduction:

As the "joint of the machine", the Swing Bearing is an important transmission component necessary for the machine that needs relative slewing motion between two objects and bears axial force, radial force and tilting moment at the same time; It is a mechanical component integrating supporting, rotating and fixing functions, which can greatly simplify the manufacturing, installation and maintenance of the host.

2. Classification of Swing Bearing:

In order to adapt to different use requirements, there are many structural types of Swing Bearings.
(1) The rolling elements can be divided into point contact type and line contact type according to their types;
(2) It can be divided into single-row, double-row and three-row roller types according to the structure type;
(3) It can be divided into internal toothless type and external toothless type according to the gear form.

ZW "Swing Bearing mainly produces single-row four-point contact ball Swing Bearing.

1. Introduction to single-row four-point contact ball Swing Bearing

It is mainly composed of outer ring, inner ring, ball, spacer block and sealing belt. The four-point contact between ball and arc raceway can bear radial load, axial load and tilting load at the same time. Small and medium-sized engineering machines, such as small and medium-sized cranes and excavators, hydraulic excavators, rotating machinery, large and medium-sized excavators and other engineering machinery can be selected.

2.Features of point-contact ball Swing Bearing:

(1) The nominal contact between rolling elements and raceways is point contact (in fact, it becomes surface contact after being loaded, but the contact surface is still small), and the slewing resistance is small;
(2) The manufacturing error of raceway, installation clearance, elastic deformation of rolling ring and seat frame have little influence on the contact condition, so the above points are less sensitive to the bearing capacity;
(3) The contact stress is higher than the line contact, and the shear stress formed under the surface of the raceway during movement is larger, so the dynamic bearing capacity is lower than the line contact;
(4) The raceway section is curved, so it is slightly difficult to process and grind.

3. Production strength

ZHTE HYDRAULIC has an existing rolling production line for Swing Bearings, which can produce single-row row Swing Bearings. Carefully select medium carbon alloy steel as the raw material, and produce the raw blank through the rolling production line. This process can accurately control the accuracy of the blank, change the material performance, reduce the material stress, improve the material density, greatly improve the wear resistance of the material, and extend the service life of the parts.

4. Production process

The following operations will be carried out after the inspection of the original blank is qualified:
(1) Thermal stress relief of blank
(2) ROUGH TURNING - FINISH TURNING - DRILLING - SERRATION - FINISH GRINDING
(3) Raceway quenching treatment
(4) Gear quenching treatment
(5) Product inspection
Billet inspection - tempering inspection - quenching depth inspection - crack inspection - with clearance inspection - assembled finished product inspection
(6) Install the nameplate

Our products

include: Excavator Hydraulic Pump, Excavator Final Drive ,Excavator Swing Motor, Excavator Travel Reducer, Excavator Swing Reducer,Swing Bearing,Hydraulic Breaker.

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XINGTAI ZHONGWEI ZHUOTE HYDRAULIC TECHNOLOGY CO.,LTD , https://www.zwzhtehydraulic.com