Date: 2013-07-31

A Bearing Project Invested by Zhong Hong International Group is Located in Xuyi, Jiangsu

On June 12, Zhou Yu, deputy secretary-general of China Bearing Industry Association was invited by the county government of Xuyi county, Jiangsu Province, and Zhong Hong International Group to participate in the opening ceremony of The 12th International Lobster Festival in Xuyi, China, where Zhong Hong International Group and the People's Government of Xuyi County signed an investment bearing industrial park project. Xu Ming, vice governor of Jiangsu Province, and leaders of the Party Committee, NPC and CPPCC of Huai'an City and leaders of the Party and the government of Xuyi County also attended the opening ceremony.

This Bearing Industrial Park is located in the development zone of Xuyi county, covering an area of 1,000 acres with a total investment of 2 billion yuan. The main products in the industial park will be precision bearings and many bearing parts manufacturers will be attracted there and jointly establish a bearing manufacturing chain system.

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