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Date: 2013-11-04

Xiangyang Automobile Bearing was Awarded Global Strategy Supplier by Magna

On October 10th, Magna, one of the world’s top 500 automobile spare part companies, held the Global Supplier Conference in Detroit, the located city of the company. During it, Xiangyang Automobile Bearing was rated as Global Strategy Supply. President Mr. Gao Shaobing and assistant general manger Mr. Tang Yong from Xiangyang Automobile Bearing attend the prize-awarding ceremony/

With s total of more than 1,400 global suppliers, there were only 34 enterprises won the title of Global Strategy Supplier and Xiangyang Automobile Bearing was the only enterprise in the world awarded this honor in category of bearing. According to the introduction of Tang Yong, the winning of this title from Magna meant that Xiangyang Automobile Bearing would have the priority to cooperation with Magna for the new project development in the future, which was a great encouragement and inspiration.

Since the company began to support small batches to Magna in 2006, the two parties have maintained a very pleasant cooperation. At present, the business volume between Xiangyang Automobile Bearing and Magna has exceeded RMB 100 million.
 


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