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Date: 2013-07-31

Zhejiang Tianma Bearing Co., Ltd Intends to Build Two Bearing Projects with Investment of RMB 340 Million

Today, Zhejiang Tianma Bearing Co., Ltd announced that it planned to implement two projects of "High Precision (P4 and P2 level) CNC Machine Tool Bearings with annual output of 200,000 pieces" and "Wind Bearing Above 3MW with annual output of 1000 pieces" through its wholly owned subsidiary Suiqing Tianma Heavy Engineering Co., Ltd. It is predicted that it will achieve total annual net profit of RMB 87.7 Million after completion.


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