Date: 2013-07-31

Xibei Bearing Plans 178M Yuan Private Placement

Xibei Bearing, a maker of rolling-element bearings and standard bearings, said it plans to issue 30.87 million shares at 5.78 yuan per share to controlling shareholder, Bao Ta Petrochemical Group, in order to raise 178.43 million yuan to boost working capital, reports Securities Daily, citing a company filing yesterday.

Xibei Bearing

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Hot Products:

Product Model	Inside Diameter	Outside Diameter	Thickness
LRT556238 IKO	55		38.5
LRT556035 IKO	55		35

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