Date: 2013-10-25

Nantong Tianhong Bearing Porject with Investment of RMB 100 Million Officially Started

It is known that another big project, the bearing project with investment of RMB 100 million of Nantong Tianhong Bearing Co., Ltd., is settled in Dongcheng innovation park of Sanchang industrial park. The project has been officially started construction recently.

During the speech for the starting of the project, Mr. Zhou Guoqiang, the party committee secretary of Sanchang industrial park said, the starting construction of the project will further improve and promote transformation and upgrading of traditional industries in Sanchang industrial park. With the total investment of RMB 100 million, the bearing project of Nantong Tianhong Bearing Co., Ltd. will produce and sell bearings of 500,000 pieces in every year, achieve annual sales of over RMB 100 million and profit tax of over RMB 10 million. Its starting construction will be a new highlight of the economy upgrading of the industrial park.

Zhou Guoqiang hoped that the project would be put into production as soon as possible according to high standard requirement, high level design, high-speed construction and high quality assurance

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