Hu Lirong is excited about an upcoming conference of suppliers to Nexteer Automotive Inc, a Chinese-owned company in Michigan that makes vehicle steering systems. General Motors Co will use the event to unveil the next generation of its Chevrolet Silverado and GMC Sierra trucks.
For Hu, the highlight of GM's presentation will be the trucks' electronic power-steering systems, which use ball bearings made by his company, CW Bearing USA Inc, also based in Michigan. Hu is president of CW, which is a wholly owned subsidiary of China's Cixing Group Co.
Hu Lirong (second from right), president of CW Bearing USA Inc, joins managers from US-based tool maker Stanley Black & Decker Inc at an industry conference. PROVIDED TO CHINA DAILY
The executive, who occasionally goes by his adopted English name, John, likes to refer to himself as a "farmer entrepreneur", a humble moniker he also applies to his dad.
"My father still lives in the company dorm compound, and drives a modest Buick," he said of Hu Xiangen, who cofounded Cixing and remains chairman and CEO of the privately held company.
The elder Hu is also one of China's richest people.
"He doesn't know much about, or pay much attention to, high-priced luxury cars"
Product Model | Inside Diameter | Outside Diameter | Thickness |
GE120ES-2RS IKO | 120 | 180 | 85 |
GE20ES-2RS IKO | 20 | 35 | 16 |