Date: 2013-07-31

Sanhuan Xiang Bearing Industrial Zone Opened in Xiangfan, Hubei

On September 26, national one-time planning and constructing area of the bearing industrial zone which has the largest amout of the investment---Sanhuan Xiang Bearing Industrial Zone opened in Xiangfan, Hubei.

It is reported that the total area of the Sanhuan Bearing Industrial Zone project is 1237 mu, and the total investment is 30 billion yuan. After it is completed, the annual production of commercial vehicle bearings, passenger car bearings, construction machinery bearings and other precision bearings could reach more than 63 million pieces, meanwhile the operating scale would exceed 4 billion yuan.

Sanhuan Xiang Bearing Industrial Zone Project is invested and constructed by the provincial large-scale enterprises---Sanhuan Group Co., Ltd and Xiangyang Automobile Bearing Group Co., Ltd, which are managed by Hubei Provincial People's Government State-owned Assets Management Committee.

Sanhuan Xiang Bearing Industrial Zone was constructed by taking Xiangyang Automobile Bearing Co., Ltd as the core part, which is the largest automobile bearing manufacturing enterprise in China.

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