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On April 18th, the opening ceremony for operation of Jiangsu Haipuruisi Bearing Co., Ltd., one of the key operation projects in Yangzhou , was held in Yangzhou. (Haipuruisi is Pinyin name of the company). Yao Suhua, the Member of Standing Committee of Yangzhou city, Mr. Zhang Yaowu, the Hanjiang District Party Secretary, Mr. Yang Yichuan, the president of Guangxi Liugong Group Co., Ltd (Liugong) and Mr. Zhang Luzhong, the general manager of Luoyang LYC Bearing Co., Ltd (LYC) all attended the ceremony.
Jiangsu Haipuruisi Bearing Co., Ltd. is established as a joint venture by Liugong and LYC, specializing in the production of various types of construction machinery wheel bearings. The turnbale project of the company covers an area of about 100 acres with the total construction area of about 35,000 square meters and the registered capital of RMB 200 billion. It is expected that it will achieve the sales income of RMB 1 billion after the completement of the project. Now, the phase 1 project has built No.1 plant area, R & D building and multiple-use building etc, covering the building are of 21,000 square meters, and finished the installment of the most advanced CNC equipment in China.
After putting into operation, Jiangsu Haipuruisi Bearing Co., Ltd. will mainly develop the large-sized wheel bearings for supporting the high-end engineering machinery customers, such as Liugong, the precision bearings for supporting new energy industry like large-scale solar power generation equipment as well as the high reliability, high technology, high value-added precision bearings for marine engineering and other high-end equipment industries.
| Product Model | Inside Diameter | Outside Diameter | Thickness |
| CF30BR IKO | 80 | 37 | |
| CF30B IKO | 80 | 37 |