Projects of Shandong Huatian Supported by Government Funds

Resource from: CBCC Likes:2899

Sep 09,2009

As the SMEs’ technological transformation subsidiary project recommend by Zibo City, electric vehicles and parts’ technological transformation projects worth RMB 23.8 million invested by Shandong Huatian Rolling Bearings Co., Ltd could enjoy the state financial assistance of RMB 2.38 million. Besides, another R & D project of new energy auto parts worth RMB 12 million invested by Huatian could also enjoy state financial assistance RMB 3 million as the state support project of optimization import and export funds structure of electronic and high-tech product. Shandong Huatian Rolling Bearings Co., Ltd is located in the national development zone-the north end of Zibo National High-new Technology. Established in 1978, the company is a major enterprise in China's Bearing Industry, has autonomous import and export right, and is one of the important production bases which make non-noise bearing in the region to the north of Yangtze River. “HT” brand is famous in Shandong Province.

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