Date: 2013-07-31

NTN Signed Cooperation Memorandum with Luoyang LYC Bearing Company (Pic)

Mr. Chen, the Chairman of LYC Company and Mr. Yasunobu Suzuki, the Chairman and CEO of NTN Corporation on the signing ceremony

NTN Corporation (NTN for short) and China Luoyang LYC Bearing Co., Ltd.(Luoyang LYC for short) plan to establish a joint venture to manufacture and sell automobile bearings. The two parties have singed cooperation memorandum on the relevant affairs.

The purpose of establishing the joint venture:

As one of the important subject of medium-term managing plan---

Previous: Development of China Bearing Industry Encounters Bottleneck
Next: Cold Rolling & Expanding Project Saves thousands of tons of Bearing Steel

Hot Products:

Product Model	Inside Diameter	Outside Diameter	Thickness
24038E1K30 bearing	190	290	100
23038E1A.M bearing	190	290	75

【TradeBearings News Statement】

1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"TradeBearings".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.