Luoyang Hongyuan Bearing Technology announced construction of large inspection center to shorten product development cycle (pic)
Based in Mengjin County, Luoyang Hongyuan Bearing Technology's large inspection center is now under construction. Elevator installation, workshop reinforcement, test bench purchasing and other work are being orderly conducted. This is a critical step for the company to enhance the capability of independent innovation.
Invested with 500 million yuan and covering an area of 800 square meters, this large inspection center is expected to shorten the product development cycle to 70% once put into operation, enable the company to quickly capture the market.
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