On November 6-7, 2022, during the 5th China International Import Expo (hereinafter referred to as the "CIIE"), Schaeffler signed strategic cooperation agreements with a number of state-owned enterprise customers, opening up new projects in the fields of energy, mining and heavy equipment. Comprehensive strategic cooperation.
Schaeffler signed a purchase agreement with China Huaneng Group
On the morning of November 6, China Huaneng Group held a high-end intelligent equipment and service procurement signing event.
As the main supplier of bearing products of Huaneng Group, Schaeffler has signed a purchase intent agreement with the customer. Under the new agreement, the two parties will further deepen cooperation in the field of bearing applications.

Mr. Li Zhaodong (right), Senior Vice President of Sales and Business Unit, Schaeffler Greater China Industrial Division signed the contract on behalf of the company
Schaeffler and China First Heavy Industry held a strategic cooperation signing ceremony
On the morning of November 6, Schaeffler signed a strategic cooperation agreement with China First Heavy Industry.
Based on the agreement, the two parties will strengthen cooperation in the manufacturing process of large-scale equipment, and China Yizhong will give priority to Schaeffler in bearing applications. Schaeffler will use its own technical advantages to provide support for China First Heavy Industry in the early stage selection and design of equipment, and achieve a win-win situation in business development.

Mr. Li Zhaodong, Senior Vice President of Sales and Business Unit, Schaeffler Greater China Industrial Division (left), and Xu Shaotang, General Manager of the Purchasing Center of CFHI, signed the contract on behalf of both parties
Schaeffler signed a global supply contract with China Coal Science and Technology Industry Co., Ltd.
On November 7, Ningxia Tiandi Benniu Industrial Group Co., Ltd., a subsidiary of China Coal Science and Industry Group Co., Ltd., signed a global supply contract with Schaeffler.
By signing the cooperation agreement again, Schaeffler will continue to deepen its strategic cooperation with Ningxia Tiandi Benniu, and provide comprehensive support in bearing supply, technical service training and bidding.

Mr. Yang Shusheng (middle), Director of Raw Materials Business Unit, Schaeffler Greater China Industrial Division, signed the contract on behalf of the company
|| About Schaeffler
As a global supplier of automotive and industrial products, the Schaeffler Group has been adhering to the pioneering and innovative spirit for more than 70 years, and is committed to promoting innovation and development in the fields of transportation and industrial manufacturing.
Relying on providing innovative technologies, products and services in the fields of electric drive, low-carbon drive, Industry 4.0, digitalization and renewable energy, Schaeffler Group is committed to becoming a reliable partner to make transportation and industrial manufacturing more efficient and more efficient. Smarter and more sustainable. As a technology-based company, the Schaeffler Group provides high-precision components and systems covering the entire powertrain and chassis applications, as well as rolling and plain bearing solutions widely used in industrial fields. With sales of approximately 13.9 billion euros in 2021 and approximately 83,000 employees, the Schaeffler Group is a large family-owned company in the world. According to the German Patent and Trademark Office (DPMA), Schaeffler registered more than 1,800 patents in 2021 and is the third most innovative company in Germany.
|| About Schaeffler Greater China
Schaeffler started investing in production in China in 1995. For more than 20 years, Schaeffler has become an important supplier and partner in China's automotive and industrial fields. Adhering to the concept of "local resources serving the local market", Schaeffler Greater China is committed to local production and local research and development, providing customers with high-quality products and close services.
Currently, Schaeffler Greater China employs about 12,000 people. It has 2 R&D centers in Anting, Shanghai and Changsha, Hunan, and 10 factories in Taicang, Suzhou, Yinchuan, Nanjing, and Xiangtan. There are 20 sales offices across the country in Shanghai, Shenyang, Guangzhou, Nanjing, Jinan, Chengdu, Wuhan, Taiyuan, Chongqing, Xi'an, Tianjin, Dalian, Hangzhou, Changsha, Harbin, Zhengzhou, Hong Kong, Taipei, Taichung, etc. Since 2016, Schaeffler Greater China has been rated as "China Top Employer" for seven consecutive years.
