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Date: 2013-08-22

The Japanese Seiko Co., Ltd. to enter the Chinese bearing mid-market


A few days ago, Japan's Seiko Co., Ltd. (hereinafter referred to as NSK), the renowned Chinese private enterprises bearing Ningbo MOS Group Co., Ltd. (hereinafter referred to as MOS), NSK to MOS investment shares 25% reached in the bearing business capital cooperation, which that NSK bearings mid-market by strengthening cooperation with strong local enterprises formally enter.     NSK since 1995, was established in Kunshan, Jiangsu Kunshan NSK Investment Co., Ltd., opened a production prelude of NSK bearings in China. Since then, following the pace of economic development in China, NSK's business in China has also been expanding, NSK has built 12 factories, production and sales of mechanical bearings, automotive bearings, auto parts, precision instruments associated products and so on. In addition to the high-end bearings market such as NSK other Japanese as well as U.S. and European companies for production in China in recent years, the demand for products in the high-end market is also rapidly expanding. September 2012, NSK, a subsidiary of investment shares the MOS of its production of automotive bearing Gongzhuling bearing limited liability company, the shareholding ratio of 10%, in order to advance bilateral cooperation for the Chinese market.     NSK strong private enterprise MOS cooperation by strengthening local Chinese, to understand and grasp the corresponding high-end market products manufactured and learn how to open up this market, and lay a solid foundation for further rooted in China and the development of business in China.


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7914A5DF NSK 70 100 16
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