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Changzhou Guangyang Bearing Co. plan to enter the passenger car bearing market

Resource from:  CBCC Likes:88
Jan 16,2014
Changzhou Guangyang Bearing Co., Ltd. intends to issue 33.32 million shares to raise funds about 350 million yuan for construction of two projects "automotive precision bearings" and "technical center." The company believe that the two projects will help break its production capacity bottleneck and improve the product development capability.
(CBCC)
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