Date: 2013-07-31

Xiangyang Automobile Bearing Company Change its Industry Category into Bearing Manufacturing

Xiangyang Automobile Bearing Co.,Ltd is an important project invested 0.12 billion RMB by state during the " Fourth-Five Year Plan". This company completed the stock transformation in 1993, and the stock "Xiangyang Bearing" appeared on the Shenzhen Stock Exchange Market in the end of 1996. In the last few days, this enterprise's main business(auto parts) changed into " C7115 Bearing Manufacturing", and put the new industry category into use on 16, August.

On 14, August, Xiangyang Bearing announced that the main products of their company are bearings, and the operating income of bearings & universal joint are 80.29% & 16.65% in the main business income, belonging to C7115. According to the relevant regulations, approved by Shenzhen Stock Exchange, the industry category changed into "C7115 Bearing Manufacturing" from the original "C75 Transport Equipment Manufacturing", and put into effect from 16, August, 2010.

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