Zhejiang Bahuan Held “Twelfth Five-Year Plan” & High End Precision Bearing Investment Argumentation Meeting

Resource from: CBCC Likes:2902

May 04,2010

Recently, the experts from China Bearing Industry Association, Luoyang Bearing Institute, Zhejiang Bearing Industry Association, Hangzhou Bearing Testing Research Center, Shanghai Bearing Technology Institute, Office of Luqiao District Government, Industry Economy Bureau, Development and Reform Bureau, Finance Bureau, Bureau of Land Administration, Environment Protection Bureau, Construction Bureau, Bureau of Foreign Trade and Economy, Bureau of Science and Technology and Bureau of Electricity, etc. have argued about Zhejiang Bahuan Bearing Co., Ltd. Precision High End Bearing Investment Project Feasibility Analysis Report constituted by TDI International Engineering Company Ltd. (The Tenth Design and Research Institute of Ministry of Machinery Industry). Precision High End Bearing Investment Project focuses on the mainframe supporting bearings and the key bearing products of “Twelfth Five-Year Plan” in bearing industry, develops the high end automobile bearings and machine tool spindle precision bearings. The products of the project have high technological content, high added value, which can replace the advantage of the imported bearings. The products developing direction of the project meets the national industrial policies, which has promising future and can boost the progress of the industrial technology, enhance the competition of the company in the market home and abroad, and have better economic and social benefit. The holding of the meeting this time was one of the important measures taken by Bahuan Company to speed up development, sufficiently demonstrate the development achievement, and become larger and stronger. The construction of the project will become the new increasing point of the company and is significant to adjust the industrial structure and achieve the leaping development of the company.

(CBCC)

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