Changshan Peel Bearings Co., Ltd. Accelerates the Pace of Technological Transformation and Strives to Make the Output of RMB 500 Million at the End of the 12th Five Year Plan

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Jul 07,2011

Changshan Peel Bearings Co., Ltd. tries to speed up the development step and strive to reach the output value of RMB 500 million at the end of the 12th Five Year Plan by improving the quality management of the company on one hand, and extending the domestic and global market on the other hand. Focusing on the production of tapered roller bearings, the mechanical equipments, and manufacturing processes of Changshan Peel Bearings Co., Ltd. walks in the forefront of Changshan bearing enterprises. The production value of the corporation was over RMB 90 million in last year, which doubled over the same period of the year 2009. As for the period of January to May this year, the company has realized an output value of RMB 55.75 million, an increase of 2000% comparing to the same period of last year. It is said that the technological transformation investment will be RMB 25 million. The company will produce 65 million sets of small-sized tapered bearings annually. Meanwhile, three production lines will also be put on production.

(CBCC)

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