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Several days ago, Commerce and Industry Bureau(CIB) of Xuzhou raided two bearing distributing stores in the local auto replacement parts market, finding conterfeit bearings worth RMB200,000.
Having received complaints of the counterfeit bearings from many customers, the local CIB raided the auto replacement parts market and finally found lots of counterfeit bearings in three stores. All counterfeits are worth RMB 200,000.
There are 6 brands being involved in this batch of counterfeit bearings. They are Wanxiang, from Zhejiang Wanxiang Group; ZXY from XAB; ZGZ from Gongzhuling Bearing Factory; LYC from LYC Bearing; HRB from Harbin Bearing Group and ZWZ from Wafangdian Bearing Group.
People involved in this case have been arrested. All the counterfeit bearings raided in the action will be damaged. Managing staff of this market said that they have announced a "Guaranteed Compensation" method to comfort the customers.
As what has been said in this new method, once customers buy counterfeit goods in the market, they have the alternative to claim for a compensation from the market owner, which depending on whether the distributor are able to pay for the customers' compensation at that time. Of course, the market owner is temporarily pay those money instead of the distributors who sold counterfeit, they will ask for the money back from distributors when possible.
| Product Model | Inside Diameter | Outside Diameter | Thickness |
| K47490.47420 bearing | 71.438 | 120 | 32.545 |
| KH715341-H715311 bearing | 66.675 | 136.525 | 46.038 |