Date: 2013-07-31

Chen Huijuan: SMEs also can Make Achievements through Transformation and Upgrade

In the afternoon of Mar. 24th, Chen Huijuan, the Deputy Mayor of Nantong & the Secretary of Municipal Party Committee of Rugao has visited Jiangsu Wanda Special Bearing Co., Ltd. She suggested that speeding up the economic transformation & upgrade, changing the development way is an uphill battle. The SMEs should sufficiently exert their own advantages, taking the great opportunity to make achievement in the fast transformation and take effect rapidly, and establish solid basis for the future development.

Impacted by the global financial crisis, the production value of Wanda Bearing in 2009 was reduced to 70 million RMB from 140 million RMB in 2008. The foreign order was almost zero. In this situation, the company adjusted the development pattern, energetically expanded the domestic market while not loosening the foreign market, increased the investment in the technological reformation, enhanced the technological innovation, and took the brand strategy. At present, the company aims at the development of large bearing with the diameter of 2.5 meters and small automobile direction machine bearing and improves the technological content and added value of the products. After learned the report from the principal of the company, Chen Huijuan said:

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Product Model	Inside Diameter	Outside Diameter	Thickness
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22215E1K bearing	75	130	31

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