Date: 2013-07-31

The Production-study-research Park of C&U Group Settled in Wuhu City

On the morning of September 3rd, the Production-study-research Park of C&U Group signed the contract with Wuhu Economic and Technological Development Zone, strengthening the equipment manufacturing industry in Wuhu.

With total investment of RMB 9.13 billion, the Production-study-research Park of C&U Group inculdes over ten projects, such as two pump bearings for nuclear power plants, high-speed rail bearing and heavy duty bearings etc, of which RMB 7.38 billion is invested on industrial projects, RMB 400 million invested on R&D center, RMB 600 million invested on schools as well as training base. It aims to change Wuhu into the biggest bearing production base with the most advanced technology.

It is reported that C&U Group has founded three companies inculding Wuhu C&U Bearing Co.,ltd, Wuhu Shuangxi Co.,ltd and Wuhu Sanxing Bearing Co.,Ltd since its original investment in Wuhu.

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