Date: 2013-07-31

ZXY Reported Financial Results in 2007

On April 11, Xiangyang Automobile Bearing Co.,Ltd (ZXY) released its annual report 2007. The revenue in 2007 rose 43.03 percent to RMB 392,187,894.57 year-on-year. Net profits rose 40.86 percent to RMB 30,483,283.65, compared with that of last year.

The annual report announced, in a whole year of 2007, ZXY had achieved good results with the target of

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