Date: 2013-07-31

Zhejiang Tianma Bearing Co., Ltd. Releases 2008 H1 Report

Zhejiang Tianma Bearing Co., Ltd. has announced that the company achieved RMB 220.57 million in net profit during the first half of 2008, a 99.35% increase compared to the corresponding period of 2007. The company reported EPS was RMB 0.81 and RMB 247.11 million from operation profits during the first half of 2008.

Zhejiang TianMa Bearing Co., Ltd is engaged in the research, development, production and sale of various bearings. The Company's products include five categories: general bearings, railway bearings, round steel, wind power bearings and special type bearings. The Company distributes its products within the domestic market and exports to overseas markets. As of December 31, 2007, the Company had four major subsidiaries/associates.

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