Date: 2013-07-31

TMB: a Holding Subsidiary Received 2009 Central Government Financial Investment for 4 Projects

On March 3rd, 2010, Zhejiang Tianma Bearing Co., Ltd. (TMB) [28.43 2.67%] has received the report from a holding subsidiary---Qiqihar Heavy CNC Equipment Co., Ltd. that the company totally received 11.46 million RMB of the 2009 Central Government financial investment for their 4 projects including CNC Traveling Column Vertical Milling Machine in which 2.95 million RMB was invested; and 1.67 million RMB was invested in Ultra Heavy CNC Horizontal Boring and Turning Mill for Port and Processing of Large Component for Ship; 5.21 million RMB is for CNC Heavy Crank Shaft Milling Machine; and the left 1.63 million RMB is for Ultra Heavy CNC Roller Grinder for the rolling of Wide & Heavy Plate of more than 5 meters

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