Recently, the Ministry of Industry and Information Technology released the seventh list of “Little Giant” enterprises specializing in niche fields and characterized by innovative capabilities, and Qianchao Bearing Co., Ltd. was included on the list.

PART 01

Deeply cultivate our core business and build competitive products.

Qianchao Bearing specializes in the R&D, production, and sales of various types of rolling bearings and is a national-level high-tech enterprise. Our products have earned market trust thanks to their exceptional quality, and we have established stable partnerships with numerous well-known domestic and international companies in the automotive, motor, wind power, and robotics industries.

The company’s flagship product, the tapered roller bearing, is a core foundational component within the “Six Pillars” of industrial infrastructure. In the domestic niche market for bearings used in main reducers of commercial vehicle pickup trucks, the company holds a market share exceeding 20%, placing it at the forefront of the industry and successfully achieving import substitution. The company’s “High-Efficiency Tapered Roller Bearings for New Energy Vehicles” have been listed as the first (set) manufactured product in Hangzhou’s manufacturing sector. Additionally, the “High-Speed Tapered Roller Bearings for New Energy Vehicles” and the “High-Speed Deep Groove Ball Bearings for New Energy Transmissions” have both received the Zhejiang Provincial Mechanical Industry Science and Technology Award; the latter was recognized as an Outstanding Industrial Product of Zhejiang Province.

PART 02

Driven by digital intelligence, achieving refined management.

Driven by digital and intelligent transformation, Qianchao Bearing has comprehensively deployed and deeply integrated CAX, ERP, SRM, MES, WMS, and other unified information systems across its core business processes, establishing a fully digitized and refined management system that spans the entire value chain—from R&D and design to supply-chain collaboration, production manufacturing, and warehousing & logistics. This has effectively enhanced operational efficiency and ensured the stability of product quality.

The company has successively obtained certifications for the ISO9001 quality management system, the IATF16949 automotive quality management system, the ISO14001 environmental management system, the ISO45001 occupational health and safety management system, the GB/T 29490 intellectual property management system, and the ISO 10012 measurement management system. These multiple systems operate in a coordinated manner, providing comprehensive oversight across various dimensions—from product quality and production environment to employee health, intellectual property protection, and measurement accuracy—thus ensuring that every product meets the stringent safety and reliability requirements of the automotive industry.

PART 03

Continuously innovate to enhance competitive productivity.

Qianchao Bearing has established a provincial-level enterprise technology center and has built a comprehensive R&D system covering product design, manufacturing processes, and testing technologies. The company holds core technology patents that provide full coverage across the entire chain—from design and process development to testing—and its patent commercialization rate reaches 92.6%, providing a solid foundation for continuous technological innovation and product iteration and upgrading. The company also actively participates in the formulation of industry standards, having contributed to the development of one national standard, two industry standards, and one group standard.

In recent years, the company has continuously increased its R&D investment and steadily optimized bearing structures and manufacturing processes. As a result, it has successfully developed a series of products including high-speed tapered roller bearings, high-speed ball bearings for new energy applications, and cylindrical roller bearings. Moreover, the company has achieved breakthroughs in ceramic bearing technology, further accelerating import substitution. Its products are widely used by major OEMs and are now expanding into emerging fields such as the low-altitude economy and robotics.

While Qianchao Bearing has been included in the seventh batch of “Little Giant” enterprises specializing in niche fields and innovative technologies, Qianchao Senwei and Chongqing Wanxiang Digital Intelligence have also successfully made it onto the 2025 list of re-verified “Little Giant” enterprises specializing in niche fields and innovative technologies. As of now, Wanxiang boasts five national-level “Little Giant” enterprises—Qianchao Senwei, Chongqing Wanxiang Digital Intelligence, Wanxiang Intelligent Manufacturing, Wanxiang Shanghai Technology, and Qianchao Bearing—as well as a number of provincial-level SMEs specializing in niche fields and innovative technologies. Each company will continue to deepen its focus on its core business, solidifying its development foundation through meticulous, end-to-end management and harnessing the innovative vitality of a specialized talent pool. By continuously enhancing its competitive productivity, these companies will steadily advance toward a new stage of high-quality development.

Specialized, Specialized, and New “Little Giant” Enterprises

Specialized, Sophisticated, and Novel “Little Giant” enterprises are companies that exhibit the “four characteristics”—specialization, sophistication, distinctiveness, and innovation—selected and awarded a title by the Ministry of Industry and Information Technology (MIIT). In 2018, the MIIT issued a notice launching the cultivation program for Specialized, Sophisticated, and Novel “Little Giant” enterprises, stating that these enterprises represent the elite among SMEs characterized by specialization, sophistication, distinctiveness, and innovation. They are trailblazing companies that focus on niche markets, demonstrate strong innovation capabilities, enjoy high market shares, master critical core technologies, and deliver outstanding quality and efficiency. These enterprises hold a leading position in their specific niche markets, enhance the resilience of industrial and supply chains, and play a vital role in driving industrial upgrading and technological advancement.