On September 22, 2026, Luoyang LYC Bearing Co., Ltd. held the 26th meeting of its first board of directors, where two investment proposals were reviewed and approved: The company plans to invest 389.36 million yuan in the development and production capacity enhancement project for high-reliability civil aviation bearings, with a construction period of three years. Upon completion, it will have an annual production capacity of approximately 140,000 sets of high-reliability civil aviation bearings. At the same time, the company plans to invest 381 million yuan in the development and industrialization project for bearings used in high-speed railways, standard metro trains, and standard urban trains, also with a construction period of three years. Upon completion, it will have an annual production scale of approximately 480,000 sets, applicable to rail transit equipment such as high-speed EMUs, standard metro trains, and urban rapid transit.
