Date: 2013-07-31

WGYS Acquired a Facility of One Petroleum Machinery Bearing Manufacturing Company

Wafangdian Guangyang Bearing Group (WGYS) successfully acquired a facility of one petroleum machinery bearing manufacturing company through the negotiation between both parties recently.

WGYS has been paying great attention to the expansion of the production and the improvement of its manufacturing capacity & products quality besides the effort for the production environment.

This acquisition was regarded as a new starting point for WGYS to speed up the reform of its product technologies and expand the production & sales scale.

Wafangdian Guangyang Bearing Group is one of the largest producers of bearings in Wafangdian, as well as a major modern manufacturer for large and middle scale bearings. It's also served as one of the domestic R&D bases with advanced technology.

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