I. Project name: Project towards producing 10,000 tons precision steel balls and 1 million sets of insert bearings annually

II. Project address: Fushan Town of Ningyang County

III. Brief introduction to the project: This project is going to introduce cold holder, ball flashing machine, lapping machine, fine grinder, rotary sander and electric cooker with 130 sets, and plans to build a project towards producing 10,000 tons precision steel balls and 1 million sets of insert bearing annually to mainly build some nonprocess equipments of workshop and quality controling room with 15,000 square meters. Investors are welcome to negotiate and cooperate with the company.

IV. Total investment: 160 million yuan RMB

V. Ways of cooperation: Joint venture and cooperation

VI. Market analysis of the project: The series products of precision steel balls and insert bearings can be widely used in automobile, steamship, motorcycle, bicycle and all kinds of mechanical equipments. They're applied in many fields, big social demand with many varieties and specifications. Moreover, the applied quality standard and demand in different fields are quite different. With the rapid development of China's industrial economy, the social demand of this kind of product will increase with years. So, it has dood development tendency as well as broad development prospect to develop this project.

VII. Analysis of the economic benefit: After the project puts into operation, it can newly increase the sales revenue of 260 million yuan RMB, and profit and tax of RMB 25 million yuan annually as well.

VIII. Contact ways:
Contact unit: Tai'an North Vehicle Co., Ltd
Person to contact: Chen Yusheng, Li Yibin
Tel: 0086-538-8566780
E-mail: tabf-chen@163.com