- Business
- Ningxia Guoyun New Energy Co., Ltd., previously known as Baota Industry Co., Ltd. until August 2025, specializes in the manufacturing and distribution of industrial bearings and marine electrical equipment. The company’s comprehensive product portfolio encompasses various bearing types, including deep groove ball, cylindrical roller, spherical roller, angular contact ball, tapered roller, and thrust roller and ball bearings, alongside slewing and maintenance-free options. These components are widely utilized across numerous sectors such as petroleum, mining, rail transport, automotive, power generation, and heavy machinery, serving as essential supporting and maintenance equipment. Established in 1965, the firm maintains its headquarters in Yinchuan, China, and has recently undergone a change in its direct controlling shareholder to Ningxia Electric Investment, while remaining under the ultimate control of the People's Government of Ningxia Hui Autonomous Region.