From August 30 to September 1, Li Changsheng, general manager of Baota Industry Co., Ltd., Zhou bailing, deputy general manager, Ma Jinbao, chief financial officer and his party went to Harbin Bearing Manufacturing Co., Ltd., Luoyang LYC bearing Co., Ltd. and the school of mechanical and electrical engineering of Henan University of science and technology to investigate and study and negotiate cooperation matters.

　　On August 31, the investigation team first came to the old plant area of Harbin Bearing Manufacturing Co., Ltd. to visit and understand the relocation of the old plant area and the new plant area of Harbin shaft and the equipment installation site. Xue Kunpeng, general manager of Harbin axle company, introduced in detail to Li Changsheng the company's development history, restructuring and Reform in 2020, production and operation, plant relocation, investment and construction of new plants and other relevant situations. The two sides agreed to make full use of their respective technology, resources and product advantages to carry out in-depth horizontal business cooperation and promote the common prosperity and development of both sides.

　　On September 1, the investigation team came to Luoyang LYC bearing Co., Ltd. Yu Haibo, general manager of Luoyang axis company, introduced the production and operation of the company to Li Changsheng. The two sides had in-depth exchanges on the current situation and future development direction of the industry, system reform and innovation, cost control, information construction, technology research and development, salary and performance management, Later, he visited the working sites of the State Key Laboratory of Aviation Precision bearings, super large bearing division and precision bearing division in the new factory area of Luozhou axis. The two sides reached an agreement to broaden the space for cooperation and exchange in the future development, complement each other's advantages and work together for a win-win situation.

　　Subsequently, the investigation team visited Ma Zhiyi, deputy secretary of the Party committee of the school of mechanical and electrical engineering of Henan University of science and technology, Zhong Zhidan, vice president and other leaders of the University. Ma Zhiyi introduced the professional setting and talent training of the school of mechanical and electrical engineering of Henan University of science and technology to the investigation team. Li Changsheng highly praised the professional setting, talent training and industry influence of the school of mechanical and electrical engineering of Henan University of science and technology, The two sides reached a preliminary cooperation intention on the follow-up school enterprise cooperation and talent transportation.

Through this investigation and study, we all agreed that the company's current reform measures have achieved initial results. In the next step, we need to strengthen market development and product quality control, and increase business cooperation and benchmarking learning with advanced enterprises, so as to provide a strong driving force for the transformation, upgrading and high-quality development of the company.