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Date: 2013-07-31

Yichang Dianjun District has Signed Agreement with Chongqing Changyuan Electromechanical Equipment Co., LTD on Bearing Manufacturing Project

On July 24th, Yichang Point Military District has signed an agreement on bearing manufacturing project. The bearing manufacturing project is invested by Chongqing Changyuan Electromechanical Equipment Co., LTD. The investment in the project is amounted to 50 million RMB, in which the proportion in bearing rings is 10 million RMB and the part in automobile bearings is 40 million RMB. When the construction of the project which mainly manufactures bearing rings and automobile bearings is finished, it will create an annual production value of 0.1 billion RMB and supply 300 jobs.


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