Railway Bearing Bring ZWZ Substantial Profit

Resource from: cbcc-yinx Likes:2992

Jan 31,2007

Railway Bearing Bring ZWZ Substantial Profit Owing to the increasing investment towards railway development by state government, ZWZ Bearing Stock Co.,Ltd(hereinafter refered to as "stock company") can seize the opportunity to have a breakthrough in sale of railway bearings. Their sale increased by more than 30 percent from the prior year in 2006. Railway bearing has become a major source of economic growth of the stock company. Also, they maintain their leading position in output and sale in this regard. The stock company is a major producer of railway bearings in China. Almost 40 percent of such bearings in domestic market are made by them. In 2006 when demand for railway bearings expanded at an amazing speed, the stock company, under the principle of "providing value-added service, enhancing enterprises' competitiveness", began to carry out technical upgrades including the finish of world advanced assembly line of railway bearings. Last year, the stock company made another record high in output of such bearings. At present, stock company is concentrating on how to produce bearings for heavy-duty railway vehicles on basis of their exsiting productive lines. Thus, they can meet the requirements for the 6th National Railway Speed Upgrading.

(cbcc-yinx)

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