Luoyang Bearing Science and Technology Co., Ltd. to Advance High Speed Rail Bearings

Resource from: CBCC Likes:2950

Dec 01,2011

The bearing market share of Luoyang Bearing Science and Technology Co., Ltd. (ZYS) in national rockets, satellites and spacecrafts is close to 100%, which will become one of the main investment targets in space industry. The main business of the company includes precision bearings, special bearings, high-speed machine tool spindles and process equipments for bearings. One future highlight of the company will be the large and extra large bearing project with its own investment. It is expected that the projects will contribute annual revenue of RMB 520 million when being put into operation.

(CBCC)

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