Luoyang Hongyuan Bearing was recognized as a national high-tech enterprise in 2016, and was recognized as a national key specialized "little giant" enterprise in September 2024. Since 2018, the company has invested more than 80 million yuan to implement a production and manufacturing information system, introduced advanced heat treatment production lines, purchased 604 CNC equipment, and built a standardized production workshop and R&D center with a total area of 55,000 square meters, with a photovoltaic coverage area of 18,000 square meters. In recent years, the three major transformations of "intelligence, greening, and technology" have achieved remarkable results in quality improvement. The company was rated as a "smart factory" in Henan Province in 2020, and was rated as a "typical case of quality improvement of industry and information technology of the Ministry of Industry and Information Technology" in 2023. "Excellent scene of intelligent manufacturing of the Ministry of Industry and Information Technology", "Benchmark of digital transformation in Henan Province", etc. Luoyang Hongyuan Bearing has been a long-term supporting company for well-known companies at home and abroad (Taiwan), and has exported to 36 countries including Germany, Italy, and South Korea, and has always maintained its core competitive advantage in the subdivided field. At present, 12 major product series have been formed, among which the leading products, precision turntable bearings and cross roller bearings, occupy more than 80% of the domestic market, and special bearings for robot reducers occupy more than 95% of the domestic market. In the future, Luoyang Hongyuan Bearing will continue to focus on specialization, refinement and innovation, enhance the domestic substitution and domestic supporting capabilities of high-end precision bearings, improve the industrial chain of high-end equipment manufacturing industry, strive to become an industry benchmark in the market segment, and achieve sustainable and healthy development of the enterprise.