Annual Sales of Dongfeng Bearing Will Reach RMB 30ML

Resource from: Sally-CBCC Likes:2995

Jul 05,2007

Annual Sales of Dongfeng Bearing Will Reach RMB 30ML Zhejiang Dongfeng Bearing Co., Ltd reported that sales for the first four months in 2007 reached RMB 10 million. They excepted that the sales for the whole year would reach RMB 30 million. In order to enhance market competitiveness, Dongfeng Bearing has increased their investment in expanding facilities and production line. Last year, Dongfeng Bearing invested over RMB 1 Million in establishing a new roller factory. Currently, most equipment has been assembled and will come into operation soon. The investment has totaled RMB 3 Million. Dongfeng Bearing is specialized in manufacturing bearing forgings, rings, rollers and the leading product---retainers which accounts for 70% of company total output. The annual capacity of retainers has up to 11 million sets. The company plans to invest more aiming to increase the mensal capacity of bearings to 450,000 sets.

(Sally-CBCC)

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