China Market
Xibei Bearing's Technical Upgrading Project
Resource from: cbcc-yinx 2005/08/31
Xibei Bearing Co.,Ltd's research project on large and extra-large sized bearings for petroleum machnie has been approved by the local Economy Commission as a beneficiary of the state's financial assistance and new-tech developing programs in 2005. The relevant dept. gave them assistance fund over $5million.

With over RMB35million yuan's investment, this 2 years long project will be finished in 2007, then sales will be increased by RMB212.66 million yuan and profit increased by RMB8.23 million yuan. The major purpose of this project is to resolve the problem of China's insufficient in designing and testing ability of large and extra-large sized bearings; to built fundamental facilities such as structure analysis, dynamics simulation, accuracy and performance testing labs. This project is necessary for our petroleum machine's upgrading, enhancing enterprises' competitive power and diversifying our bearing types.

Xibei Bearing Co.,Ltd located in Yinchuan city, Ningxia Huis Municipality, in Northwest China. They are one of the Top 100 Enterprises in Chinese Machinery Industry, largest bearing enterprise in southwest China and the first publicly traded bearing enterprises in China. They employ more than 4000 people, mainly manufacture bearings with outer diameter from 40mm to 2250mm. Railway van bearing, bearings for petroleum machine, metalurgy rolling machines, mining machines, heavy vehicle and construction machines are their fist products.

Xibei Bearing Co.,Ltd
(cbcc-yinx)
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