In 2003, Maist Bearing Co.,Ltd acquired the former Jiang'nan Bearing Plant. Then, they began to upgrade their bearing manufacturing technology and extend their business. During these years, Maist carried out several upgrading programs. Among all those programs, quiet bearing and auto hub bearing programs which costed Maist about RMB100 million yuan have been selected as the excellent developing programs in Anhui province. The company decided to finish these two programs in 3 years.
Once the quiet bearing program which has been invested RMB22 million yuan are completed, annual output of quiet bearing will hit 10 million sets, putting the annual output value to RMB80 million yuan, tax turnover to RMB5 million yuan; the auto hub bearing program which has been invested RMB28 million yuan will put the hub bearing's annual output to 15 million sets, output value to RMB100 million yuan and tax turnover to RMB7 million yuan, export income to $3 million.
According to the man in charge of Maist, their quiet bearing production line is now under debuging and the line will put into trial production in Oct. this year. Meanwhile, the auto hub bearing program is in the last phase of its developing.
Maist didn't only carry out a series of technical transformation but also pay more attention to capital extending. They upgraded the equipments, optimized the products mix, marketing strategy and human resources by expansion and acquiring the nearby relevant plants. As a result, they built several specilized subsidiaries such as auto bearing plant, motor bearing plant, mining bearing plant, middle and large sized bearing plant, bearing parts plant etc. All these activities made Maist a scaled group corperation.
The goal of Maist is to become a large M.E. equipments manufacturer who manufacture mainly in bearings and partially in electronic and machinery equipments with modernized manufacturing equipments and intensively managing system. At last, Maist will be included in the China Top 10 Bearing Enterprises.
Product Model | Inside Diameter | Outside Diameter | Thickness |
UCFL209 bearing | 45 | 188 | 52.2 |
UCFL208-24 bearing | 38.1 | 175 | 51.2 |