Huanyu Bearing: Aim at China Bearings Market Gap Adjust Product Structure
Resource from: CBCC Likes:2890
Jan 21,2010
Zhejiang Huanyu Bearing Co., Ltd. has grasped the favorable opportunity of economic recovery and invested 125 million yuan in the implementation of the “annually manufacturing 500 million sets of precision CNC machine tool spindles, grinding-head bearings and large and medium motor bearings” project in stages. At present, the project has entered into the phase of construction of the main plant.
In the first half of 2009, influenced by the global financial crisis, the export of the main products of the company like deep groove ball bearings and tapered bearings, etc. to Middle East has reduced and the profit slid. In the second half of the year, as the economic recovery, the orders of the company increased. The company grasped the favorable opportunity, expanded market, and finally achieved the annual aim that the production value reaches 100million yuan. The different experience in the first and second half of 2009 made the company realized that they have to adjust the product structure and increase the added value of the products to find a foothold in the market.
The company found that at present the automation of most machine tools in China is very low and the low performance machine tool was gradually replaced by the high performance ones; while the main power transmission part of the high performance machine tool---bearings depended on import. The bearings manufactured in China can not meet the quality requirement. The company aimed at the market gap in the domestic motor bearings and cooperated with the customers in other places to implement this project.
The principle of the company introduced that, “the ‘annually manufacturing 500 million sets of precision CNC machine tool spindles, grinding-head bearings and large and medium motor bearings’ project can solve the local employment problem of 300 people, achieve the sales of 350million yuan and the profit and tax of 49million yuan.
(CBCC)
【CBCC News Statement】
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.
BRIEF INTRODUCTION
Cnbearing is the No.1 bearing inquiry system and information service in China, dedicated to helping all bearing users and sellers throughout the world.
Cnbearing is supported by China National Bearing Industry Association, whose operation online is charged by China Bearing Unisun Tech. Co., Ltd.
China Bearing Unisun Tech. Co., Ltd owns all the rights. Since 2000, over 3,000 companies have been registered and enjoyed the company' s complete skillful service, which ranking many aspects in bearing industry at home and abroad with the most authority practical devices in China.
