Railway Bearings Branch of LYC Passed the Retrial

Resource from: CBCC Likes:2916

Mar 17,2008

Recently, Railway Bearings branch of LYC successfully passed the retrial and became one of Henan hi-tech enterprises, which would enable them to enjoy relevant preferential policies continuously. As an only provincial hi-tech company of LYC, Railway Bearings insists on developing high-precision, high-technology, high-added value and foreign equivalent bearings. With advanced strategics, many new products have been produced successively, including high speed bearings for passenger cars, Sendzimir rolling mill bearings, railway bearings for metro and city Light train, bearings for heavy-duty trucks. These products not only fill up domestic gap, also proved to be equivalent to import bearings. In addition, several products are approved as provincial new products and national new products. Meanwhile, product clustering mode is generated, which will result in higher market competitiveness. According to the report, Railway Bearings will enjoy special tax preference after passing the retrial. On the other hand, relevant governmental preferential policies are available in innovation.

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