Date: 2013-07-31

LYC's National Key Industrial Revitalization and Technical Innovation Project Through the National Examination

On October 23rd, the National Ministry of Industry and Information Technology Planning Department Deputy Inspector Mr. Tang Heyi led the Joint Inspection Unit of the National Development and Reform Commission and the Ministry of Industry and Information Technology to inspect the 750,000 sets of heavy machinery bearing technical innovation project. The project has obtained the funds from the central government.

The general manager of LYC Zhao Luzhong made the welcoming remarks, and warmly welcomed the national, provincial and municipal leaders to come to the company for inspection.

After listening to the report, the inspection group carefully reviewed the project information about tenders, supplies purchasing and fund management, then questioned on related issues.

Mr. Tang Heyi highly praised the construction, implementation, and management of the entire LYC project. He considered LYC have a good tradition as a large state-owned enterprise through this check. The use of funds from the central goverment is in correct decision-making, good implementation and standard management, reflecting the level and strength of the company.

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