Date: 2013-07-31

Wafangdian Bearing Group Corporation (ZWZ) Identified as High Technology Enterprise

Recently, Dalian High-tech Enterprise Identification & Management Office pulished the result of the first and second batch of applicant companies for high-tech enterprise after expert review, and Wafangdian Bearing Group Corporation was on the list.

On March 12, the Science and Technology Bureau of Dalian City, Dalian Municipal Bureau of Finance, State Taxation Bureau of Dalian City, Liaoning Province, and Dalian Local Taxation Bureau jointly issued the "Notice of the First and Second Batch of Applicant Companies for High-tech Enterprise. " According to this notice, these certified high-tech enterprise can apply to the competent tax authority with their high-tech enterprise certificate and related data to enjoy preferential tax policies since the day was certified in accordance with the Law of The People's Republic of China Concerning Enterprise Income Tax and the implementing regulations, the Law of The People's Republic of China Concerning The Administration of Tax Collection and the implementing rules and other relevant policies.

About ZWZ
In recent years, ZWZ aiming at the world advanced level, has vigorously developed many high-tech products with independent intellectual property rights, achieved industrial upgrading of its high-end bearing products, and changed the current situation of China's dependence on imported high precision, high reliability or highspeed bearings used in the key technical equipment, thus realizing the localization of core components.

The dominant products of ZWZ are industrial bearing, C.V.Joint and precision ball screws, widely applies in railway, automobile, metallurgy, mining, general machinery, petrol, irrigation works, electric power, machine tools, chemical industry, IT, industrial robot, aviation, spaceflight, etc., and sold to more than ten thousands of domestic customers and more than 80 countries and areas...

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Hot Products:

Product Model	Inside Diameter	Outside Diameter	Thickness
IRB2628 IKO	41.275		44.83
IRB2616 IKO	41.275		25.78

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