Member of Party Committee in Ningxia Autonomous Region Liu Hui Investigated Ningxia Jinhuan Bearing Manufacturing Co., Ltd.

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Dec 18,2012

Liu Hui, Member of Party Committee and Vice Chairman in Ningxia Autonomous Region, was to conduct research about the industrial development and the construction of key projects in Wuzhong city from December 13th to 14th, accompanied by the responsible persons of Development and Reform Commission, Traffic, Statistics, Price Bureaus. Liu Hui and his followers first came to Jiaobao Industrial Park in Qingtongxia city for the research of automobile bearing project undertaken by Ningxia Jinhuan Bearing Manufacturing Co., Ltd. With the total investment of RMB 160 million , the automobile bearing project of Ningxia Jinhuan Bearing Manufacturing Co., Ltd. has the annual production capacity of 30,000 tons of bearing rings. After learning the project has filled the the blank of bearing ring in the whole region and a good project for extending the industrial chain and pursuing added value, Liu Hui pointed out that the overall economic efficiency of the enterprise should be achieved through advanced production line and high value-added products.

(CBCC)

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