LYC Bearing Output Sharply Increased

Resource from: CBCC Likes:2916

Sep 20,2007

LYC Bearing Output Sharply Increased Till Aug 25th, 2007, the output value of LYC Bearing in August was ￥148.51million, up from 21.7% year on year. Among which bearing output was ￥100.489 million，increased 20.2% compared with the same period of the previous year. It was the second time that this company had made historical breakthrough with monthly output of over ￥100 million. Luoyang LYC Bearing Co.,Ltd is a new state holding company established on the basis of the reorganization of the asset of the principal work and core business of Luoyang Bearing Group(LYC) and the investment from strategic investor,Yongcheng Coal and Electricity(Group) Co.,Ltd. It can product more than 10000 types of rolling bearing with 9 categories and all kinds of tolerance classes,Further more,Luoyang LYC Bearing Co.,Ltd produces kinds of bearing processing machine and equipment.

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