Development of Shandong Bearing Ball Industry
In 1980s, Shandong Ningyang Ball Industry(a subsidiary of Taian Shendian, in Ningyang town) began produce bearing ball. As a new industry, there were few competitors. That's why the company could enjoy its high profit and also brought along so many followers. So far, there have had over 120 ball manufactories, producing 60,000 tons of various bearing balls per year, which accounting for 30% of the total balls made in China. From January to July, the total sales and revenue of the top eight ball manufactories in Ningyang are RMB 65 million and RMB 11 million respectively.
As the bearing ball industry developed day by day, so many investors came here. For example, Shanghai S.B.C Steel Ball Factory invested RMB 60 million for founding a joint venture with Mr.Yubo who is one of the outstanding enterpriser in Ningyang. Over half a year later, that joint venture began running and its performance was well.
Shandong Taian Shengdian Industrial & Trade Co.,Ltd
Shanghai S.B.C Steel Ball Factory
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