Oder of Zhejjiang Sitong Bearing Scheduled to July

Resource from: CBCC Likes:2903

Mar 12,2010

The production value of Zhejiang Sitong Bearing Group Co., Ltd in January has reached 24.48 million RMB, which increased 267.85% on a year-on-year basis. The orders from home and aboard come in a continuous stream. At present, the orders of the company were scheduled to July. In 2009, in the face of global financial crisis, Sitong Bearing took measure to guarantee the export, impelled the domestic sales and achieved the sales of 0.43 billion RMB in the whole year. With the solid base in 2009, at the beginning of 2010, the orders from Middle East, Europe and the U.S., etc. has come in succession. At present, Sitong Bearing are working on impelling the product upgrade and meanwhile enhancing the precision outer spherical ball bearing production line with annual output of 7.8 million sets and the technological reformation work of the cold rolling ball bearing ring with the annual output of 88 million sets. They make effort to achieve the increase of annual production value and bearing output of 46% on a year-on-year basis.

(CBCC)

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