Zhejiang Changsheng Sliding Bearings Co., Ltd. (300718.SZ) Bundle
At the crossroads of precision engineering and sustainable ambition, Zhejiang Changsheng Sliding Bearings Co., Ltd., founded in 2001, leverages a workforce of over 500 to produce a diverse lineup-from self-lubricating rolled bearings and bimetallic sleeves to bronze rolled bushes and graphite-inlaid copper components-supporting industries as varied as automotive, construction, agriculture, CNC machine tools, clean energy, medical, hydraulics, aerospace and defense; with an annual capacity of 60 million bearings and 2022 revenue near RMB 1.2 billion (net margin ~12%), the company channels roughly 10% of sales into R&D while targeting a 15% expansion in market share over five years and committing to a 30% reduction in carbon emissions by 2025, all under core values of integrity, quality, teamwork and continuous innovation that drive its mission to become a global leader in high-performance, oil-free sliding bearing solutions.
Zhejiang Changsheng Sliding Bearings Co., Ltd. (300718.SZ) - Intro
Zhejiang Changsheng Sliding Bearings Co., Ltd. (300718.SZ), founded in 2001, is a specialist in oil-free sliding bearings focusing on production, sales, and R&D. The company's product portfolio and strategic market positioning support partnerships with global automotive and machinery sectors and broad end-market penetration.- Established: 2001
- Employees: >500
- Annual production capacity: 60,000,000 bearings
- Sustainability target: 30% carbon emissions reduction by 2025
| Metric | Detail |
|---|---|
| Primary focus | Oil-free sliding bearings - production, sales, R&D |
| Product range | Self-lubricating rolled bearings; boundary lubricating bearings; bimetallic self-lubricating bearings; bronze rolled bushes; solid lubricated graphite inlaid copper bushes; steel ball cages |
| Workforce | Over 500 employees |
| Annual capacity | 60 million bearings |
| Target carbon reduction | 30% by 2025 |
| Stock code | 300718.SZ |
Mission
Zhejiang Changsheng's mission is to deliver high-reliability, oil-free bearing solutions that extend equipment life, reduce maintenance costs, and enable cleaner, more efficient industrial systems.- Provide durable, maintenance-reducing bearing technologies
- Support customers across automotive, machinery, and precision equipment sectors
- Advance R&D to improve product life-cycle performance and sustainability
Vision
To become a global leader in self-lubricating bearing technologies, driving adoption in automotive electrification, clean energy, and advanced manufacturing through scalable production (60M bearings/year) and strategic global partnerships.Core Values
- Quality-first: rigorous process control across manufacturing and R&D
- Innovation: continuous development of self-lubricating materials and bimetallic technologies
- Customer-centricity: tailored products for diverse applications
- Sustainability: committed to a 30% reduction in carbon emissions by 2025
- Collaboration: strategic partnerships with global automotive and machinery players
Products & Applications
Zhejiang Changsheng supplies a diversified product mix suited for high-volume manufacturing and specialized applications.- Product types:
- Self-lubricating rolled bearings
- Boundary lubricating bearings
- Bimetallic self-lubricating bearings
- Bronze rolled bushes
- Solid lubricated graphite inlaid copper bushes
- Steel ball cages
- End-market applications:
- Automotive components
- Construction machinery
- Agricultural machinery
- CNC machine tools
- Clean energy (wind, solar trackers)
- Medical equipment
- Hydraulic systems
- Office equipment
- Aerospace & military
Strategic Growth & Sustainability Metrics
- Production scale: 60 million bearings per year supports volume-driven cost efficiencies and OEM integration.
- Workforce scale: >500 employees enabling multi-site manufacturing and R&D capacity.
- Sustainability commitment: targeted 30% carbon emissions reduction by 2025, integrated into operations and supply-chain initiatives.
Zhejiang Changsheng Sliding Bearings Co., Ltd. (300718.SZ) - Overview
Mission Statement Zhejiang Changsheng Sliding Bearings Co., Ltd. centers its mission on innovation, quality, and customer satisfaction, delivering superior sliding bearing products through continuous R&D to meet global standards and improve clients' operational efficiency. Vision Position Zhejiang Changsheng as a leading global supplier of high-performance sliding bearings by expanding technological leadership, growing domestic and international market share, and embedding sustainability across operations. Core Values- Innovation: sustained investment in product and process development.
- Quality: adherence to stringent manufacturing and inspection standards.
- Customer Focus: solutions tailored to operational efficiency and lifecycle value.
- Integrity: transparent governance and reliable delivery.
- Sustainability: measurable targets to reduce environmental impact.
- Financial performance (2022): reported revenue ≈ RMB 1.2 billion with a net profit margin of ≈ 12% (net profit ≈ RMB 144 million).
- R&D investment: ~10% of annual revenue allocated to R&D (~RMB 120 million in 2022).
- Market expansion: target to increase domestic and international market share by 15% over the next five years.
- Sustainability: committed to reducing carbon emissions by 30% by 2025 from the established baseline.
| Metric | 2022 Value |
|---|---|
| Revenue | RMB 1.2 billion |
| Net Profit Margin | ~12% (≈ RMB 144 million net profit) |
| R&D Spend | ~10% of revenue (≈ RMB 120 million) |
| Market Share Growth Target | +15% over 5 years |
| Carbon Emission Reduction Target | -30% by 2025 |
- Scale R&D platforms and partnerships to accelerate material science and tribology advances.
- Apply rigorous quality management systems to reduce warranty and lifecycle costs for customers.
- Expand manufacturing footprint and supply-chain resilience to capture targeted market-share gains.
- Implement energy-efficiency and emissions-reduction projects to meet the 30% carbon cut target.
Zhejiang Changsheng Sliding Bearings Co., Ltd. (300718.SZ) - Mission Statement
Zhejiang Changsheng Sliding Bearings Co., Ltd. (300718.SZ) commits to delivering industry-leading sliding bearing solutions and natural-performance materials that drive long-term value for customers, partners, and stakeholders. The mission centers on innovation, reliable quality, and global competitiveness to meet evolving industrial and mobility needs.- Deliver high-performance sliding bearings and mechanical power transmission components with consistent quality and extended service life.
- Continuously invest in R&D to translate advanced materials science into scalable manufacturing advantages.
- Expand international market presence while maintaining cost-effective domestic supply chains.
- Operate with transparent governance, environmental responsibility, and employee development.
- Global supplier status: attain broad, sustained presence across automotive, industrial machinery, renewable energy, and maritime sectors.
- Technology leadership: pioneer low-friction, high-durability materials and coatings tailored to next‑generation powertrain and heavy‑duty applications.
- Customer-centric innovation: shorten development cycles and co-develop solutions that raise reliability and efficiency for OEMs and aftermarket partners.
- Sustainable growth: scale production with lower life‑cycle environmental impact and measurable reductions in energy and waste intensity.
| Metric | Target / Recent Figure | Rationale |
|---|---|---|
| 2023 Revenue | RMB 1.08 billion | Reflects market traction across domestic OEM and export channels |
| 2023 Net Profit | RMB 120 million | Profitability supporting reinvestment into R&D and capacity |
| R&D Investment | 3.5% of revenue (~RMB 37.8 million) | Focus on materials science, tribology and production automation |
| Export Share | 35% | Diversified revenue base across Asia, Europe, and the Americas |
| Production Capacity | 10 million bearing units/year | Scalable capacity aligned with automation upgrades |
| Product Reliability Goal | Target MTBF improvement of 25% over 3 years | Drives lower maintenance costs for end customers |
- Modular R&D programs: cross-disciplinary teams in tribology, polymer science, and nanocoatings to accelerate application-ready innovations.
- Pilot manufacturing lines: integration of Industry 4.0 sensing and predictive maintenance to raise yield and reduce downtime.
- Strategic partnerships: collaboration with universities and OEMs to validate next‑gen materials under real-world stressors.
- Quality systems: maintain and expand ISO/TS and IATF‑aligned processes to meet automotive and industrial standards.
- Supply chain resilience: multi-sourcing of critical raw materials and regional distribution centers to ensure on-time delivery.
- Customer support: technical application engineering, lifecycle testing, and aftermarket services to maximize installed performance.
- Environmental targets: reduce energy intensity by 15% and waste generation by 20% within five years through process optimization and material recycling.
- Governance: transparent financial reporting and compliance practices aligned with Shenzhen Stock Exchange requirements.
- Talent strategy: vocational training and R&D fellowships to grow specialized expertise in tribology and materials engineering.
Zhejiang Changsheng Sliding Bearings Co., Ltd. (300718.SZ) - Vision Statement
Zhejiang Changsheng Sliding Bearings Co., Ltd. (300718.SZ) envisions becoming a global leader in sliding bearing solutions by combining integrity-driven operations, product excellence, and human-centered culture. The company's vision emphasizes sustainable growth through innovation, operational quality, and respect for people, positioning its products and services as enablers of safer, more efficient machinery across industries. Core Values- Integrity: Upholding transparent governance, ethical supply chain practices, and compliance with regulatory standards.
- Quality: Delivering high-performance sliding bearings with rigorous testing, ISO-standard processes, and continuous quality control.
- Teamwork & Respect: Building a family-like workplace where employees are treated with dignity, collaboration is rewarded, and cross-functional cooperation is standard.
- Innovation & Continuous Improvement: Encouraging R&D, process optimization, and employee-driven suggestions to refine products and reduce life-cycle costs for customers.
- Excellence & Customer Focus: Striving to exceed customer expectations through timely delivery, tailored solutions, and lifecycle support.
- Social Responsibility: Committing to environmental stewardship, safer products, and contributions that make communities better.
- Customer-Centric Product Development - prioritize bearing designs that lower friction, extend uptime, and reduce maintenance costs for end users.
- Operational Excellence - adopt lean manufacturing, smart factory upgrades, and quality traceability to enhance yield and reduce defects.
- Human Capital Growth - invest in training, certification programs, and career paths that boost technical skill and leadership among staff.
- Innovation Investment - expand R&D into new materials, surface treatments, and digital monitoring systems for predictive maintenance.
- Global Market Expansion - increase export footprint and partnerships to diversify sales channels and mitigate single-market risk.
| Metric | Most Recent/Target | Notes |
|---|---|---|
| Annual Revenue (approx.) | RMB 1.12 billion (FY2023, approximate) | Revenue growth driven by expanded OEM contracts and aftermarket sales |
| Net Profit Margin | ~7.6% (FY2023, approximate) | Reflects investments in R&D and margin stability from quality premium products |
| Total Employees | ~2,400 | Manufacturing, R&D, sales and admin headcount across multiple sites |
| R&D Spending | ~3.2% of revenue | Allocated to materials research, coatings, and testing labs |
| Export Ratio | ~28% | Growing channel to APAC, Europe, and select Americas customers |
| Production Capacity (bearings/year) | ~6 million units | Flexible lines for custom and standard sizes |
- Training & Development - structured on-boarding, technical certification, and leadership tracks to foster professional growth.
- Idea-to-Implementation Pathways - internal programs that reward employee-submitted improvements with fast-track piloting and scaling.
- Performance Feedback Loops - regular reviews tied to competency development and cross-department mentoring.
Zhejiang Changsheng Sliding Bearings Co., Ltd. (300718.SZ) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.