Xiangyang Bearing (000678.SZ): Some of the company's precision bearing products can be applied to harmonic reducers, etc. Product trial production has now been completed and samples have been submitted.

Zhitong Finance APP News, Xiangyang Bearing (000678.SZ) issued an announcement that the company's stock closing price deviation over 2 consecutive trading days (September 24 and September 28) accumulated to 26.01%. According to the relevant regulations of the Shenzhen Stock Exchange, this constitutes an abnormal fluctuation in stock trading. The company is mainly engaged in the production, research, sales, and related businesses of automotive bearings and their components. Its main products are automotive bearings, constant velocity universal joints, wheel hub bearing units, etc. Some of the company's precision bearing products can be applied to harmonic reducers, RV reducers, etc. At present, product trial production has been completed and samples have been sent. As of now, cumulative operating revenue is 131,400 yuan, no overseas customers are involved, and the proportion of overall operating revenue is relatively low. Profitability has not yet been achieved, and this business is still in the market expansion stage, with uncertainty. The related business will not have a significant impact on the company's performance in the short term.