Date: 2013-07-31

A Report of Investment Programs in TMB

A Report of Investment Programs in TMB

According the half year report of TMB (Zhejiang Tianma Bearing Co., Ltd), three investment programs have been completed: Technical reconstruction program in TMB branch; Technology improvement for railway bearings production line in TMB Chengdu branch and technology improvement for precise bearings production line with annual output of RMB 2 million.

Meanwhile, other four investment programs are still under way: Investment program for achieving 5 million sets of precise ball bearings; Technology improvement for spindle bearings production line with output of 800,000 sets; Technology improvement for automotive production with the annual output of 2 million sets and technology improvement for precise self-aligning bearings production line.

TMB reported net profit for the first half of 2007 totaled RMB 110.65 Million, 31.91% higher than last year. Earnings per diluted share hit RMB 0.93, an increase of 13.41% year-on-year. The net profit for the first three quarters of 2007 is expected to increase 30%-45% from previous year.

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Product Model	Inside Diameter	Outside Diameter	Thickness
HS7003E.T.P4S bearing	17	35	10
HS7003C.T.P4S bearing	17	35	10

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