News & Events

LILY Bearing Team-Building Retreat in Guilin Strengthens Unity and Collaboration

2025 / 11 / 17

LILY Bearing successfully completed a four-day team-building retreat in the picturesque city of Guilin, Guangxi. From October 30th to November 3rd, employees from across the company came together to relax, connect, and celebrate the spirit of teamwork in one of China’s most scenic destinations. Day 1 – Arrival in Guilin and Warm Welcome On October 30th, all LILY Bearing employees boarded their f...

China's Bearing Industry Advances Under 14th Five-Year Plan

2025 / 06 / 13

Under the dual drive of the 14th Five-Year Plan and the global intelligent transformation of the manufacturing industry, China's bearing industry is presenting remarkable achievements with a development focus on "high-end, intelligent, and green" growth. According to the latest data from the China Bearing Industry Association, the industry’s revenue surpassed 231.5 billion yuan in 2024, a 6.2% yea...

Bearing Industry 2025: Key Breakthroughs You Should Know

2025 / 05 / 14

As we approach the midpoint of 2025, the bearing industry has seen remarkable advancements in technology, market dynamics, and industrial collaboration. Let’s take a closer look at the highlights shaping this year’s growth and innovation across the sector. Technological Innovation Resin-Based Composite Bearings Achieve 10,000-Hour Lifespan A research team at Dalian University of Technolog...

LILY Bearing Showcases High-Precision Solutions at 2025 CMEF in Shanghai

2025 / 04 / 11

The CMEF (China International Medical Equipment Fair), established in 1979, has evolved over more than 40 years into a premier event in the Asia-Pacific region. It now serves as a comprehensive platform integrating the entire medical device industry chain. The exhibition brings together product launches, technology showcases, procurement and trade, brand promotion, scientific collaboration, academ...

Lily Bearing Celebrates a Successful Showcase at AWE 2025

2025 / 03 / 24

On March 20, the 2025 Appliance & Electronics World Expo (AWE 2025), one of the world's top three home appliance and consumer electronics exhibitions, grandly opened at the Shanghai New International Expo Center. This year’s event attracted over a thousand home appliance brands, covering a total exhibition area of 140,000 square meters. During the opening ceremony, Jiang Feng, Executive Chairman...

LILY Bearing Hosts 2025 Annual Meeting with Exciting Highlights

2025 / 03 / 18

January 20, 2025 – A Day of Reflection, Team Spirit, and Celebration Kickoff with CEO’s Speech The 2025 Annual Meeting of LILY Bearing began at 2:00 PM at a lively party house, with all employees gathered to celebrate the company’s achievements. CEO Mr. Cheng delivered the opening speech, reflecting on the impressive revenue growth achieved in 2024 despite global economic challenges. He attrib...

Global Bearing Market Analysis Report 2024-2030

2025 / 03 / 18

Product Analysis Application Analysis Regional Analysis Major Country Market Analysis According to the Grand View Research report, the global bearing market was valued at USD 120.98 billion in 2023, and it is expected to grow at a compound annual growth rate (CAGR) of 9.5% from 2024 to 2030. Bearings are widely used in various types of equipment and machinery, from automotive components, agricultu...

Lily Bearing Joins Forces for Autism Support

2024 / 12 / 02

Lily Bearing’s Commitment to Social Responsibility Good Water for a Good Cause Charity Project Building an Inclusive and Compassionate Community Lily Bearing’s Commitment to Social Responsibility Lily Bearing has always been dedicated to charitable causes, believing that businesses have a responsibility to give back to society. Through a range of initiatives, we strive to make a positive impact on...

The 19th China International Bearing Industry Exhibition

2024 / 12 / 02

Grand Opening of the 19th China International Bearing Industry Exhibition A Global Showcase of Bearing Innovations Insightful Forums and Technical Discussions Building Connections and Partnerships Looking Forward to 2026 Shanghai, November 25, 2024 – The grand opening ceremony of the 19th China International Bearing Industry Exhibition took place at the National Exhibition and Convention Center (S...

LILY Bearing Sponsorship Program - Formula SAE, Fishing Reels, and More

2024 / 11 / 29

Supporting Innovation Across Diverse Fields How the Bearing Sponsorship Program Supports You Apply for the Bearing Sponsorship Program Success Stories At LILY Bearing, we take pride in fostering innovation, education, and excellence by sponsoring university teams, student projects, and groundbreaking initiatives across the globe. Our Bearing Sponsorship Program offers access to high-precision bear...