Luoyang LYC Bearing
Wind Energy · Huizhou, China · Founded 2004
Precision and large-scale industrial bearing solutions manufacturer. MoreLess
Luoyang LYC Bearing Co., Ltd. (LYC) is a comprehensive bearing manufacturer in China, established in 1954 in Luoyang, Henan. It originated as one of the 156 key projects during China's first five-year plan. Over its history, the company has consistently set records in the Chinese bearing industry, such as producing the country's largest bearing in 2010 with a diameter of 6.25 meters. A significant development occurred in 2004 when it was acquired by the Yongmei Group due to financial issues, subsequently becoming part of the Henan Coal Chemical Industry Group in 2009. In 2010, LYC entered into a joint venture with Japan's NTN Corporation to produce automotive bearings, combining NTN's technology with LYC's local procurement strengths.
The company's business model is centered on the design, development, manufacturing, and sale of a vast range of bearing products. LYC serves numerous sectors, including wind energy, aerospace, rail transportation, automotive, mining, and medical equipment. Its product catalog features over 20,000 variants across nine categories, with sizes ranging from an inner diameter of 10mm to an outer diameter of 13.5 meters. LYC offers integrated solutions that include design, manufacturing, testing, and after-market services. The company has a significant global presence, with sales in over 70 countries and international offices in the United States, India, and Vietnam.
LYC is notable for its extensive research and development capabilities, boasting a nationally recognized enterprise technology center, a state key laboratory, and a postdoctoral research station. The company has contributed to major national projects, providing bearings for China's "Shenzhou" and "Chang'e" space missions. It has also been instrumental in setting industry standards for wind turbine, railway, and slewing bearings in China. The manufacturer holds numerous quality certifications, including ISO 9001, AS9100B (aerospace), and AAR (Association of American Railroads), becoming the first in China to receive the latter.
Keywords: slewing bearings, rolling mill bearings, cylindrical roller bearings, deep groove ball bearings, wind turbine bearings, railway bearings, aerospace bearings, industrial machinery, bearing manufacturing, precision engineering, heavy industry components, automotive bearings, mining equipment parts, metallurgical bearings, construction machinery, high-precision bearings, large-diameter bearings, steel industry supplier, power generation components, agricultural machinery parts
Company overview
Luoyang LYC Bearing company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2004
- Headquarters
- Huizhou, China
- Employees
- 81
- Open positions
- None listed
- Dealroom signal
- 19.7
Valuation & funding
Luoyang LYC Bearing funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | Aug 2026 | $91M | $366M | China Structural Reform Fund · BAIC Capital · Zhongbing Investment · SPIC | ↗ |
| OtherOther financing | Jul 2022 | $0 | — | ZMJ Group | ↗ |
Financials
Workforce over time
Available workforce history. Financial fields without reported data are omitted.
| Year | Employees |
|---|---|
| 2026 | 81 |
Growth signals
Luoyang LYC Bearing website traffic
Latest recorded traffic for Luoyang LYC Bearing is 36K monthly website visits, down 12.2% over the last three months.
Comparisons
Luoyang LYC Bearing compared with similar companies
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Talent graph
Luoyang LYC Bearing's talent
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Investors
6 investors on Luoyang LYC Bearing's cap table
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Global footprint
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In the news
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Market sentiment
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