Date: 2013-07-31

The Project with the Annual Production Capacity of 20,000 Sets of Bearings in Baotou Jiuyuan has Started

The project with the annual production capacity of 20,000 sets of bearings from Baotou Ruitong Bearing Manufacturing Co., Ltd is the key industrial project for Jiuyuan Xingsheng Economic Development Zone in 2011, the total investment of this project is 78.31 million yuan, covers an area of 35 acres, and now the project has formally started.

It is learned that this project will establish a steel structure plant with the area of 13,000 square meters, and a office buliding with the area of 2,200 square meters, meanwhile the company will also purchase types of processing equipment and detection instruments. After the project had been fully completed, the annual sales revenue could achieve 45.82 million yuan with the net profit of 10.89 million yuan.

At present, the EIA (Environment Impact Assessment) and the relevant procedures for this project has been completed. It is estimated that the project will be fully finished in December of 2011.

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Hot Products:

Product Model	Inside Diameter	Outside Diameter	Thickness
BAM2010 IKO	31.75	38.1	15.88
BAM1916 IKO	30.162	38.1	25.4

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