Bearing Science & Technology to enhance the industrialization demonstration line for high-speed rail bearings

Resource from: CBCC Likes:76

May 23,2014

Bearing Science & Technology has announced that the annual output of the first demonstration line will be increased by 60,000 sets of bearings, including 30,000 sets of high-speed rail bearings, 20,000 sets of urban rail transit vehicles bearings and 10000 sets of locomotives and transmission bearings. The total investment is 161 million yuan, of which 140 million yuan as new fixed assets and 21 million yuan as circulating funds. Once put into operation, the annual sales revenue is expected to reach 223 million yuan, and total profit of 34.94 million yuan.

(CBCC)

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