South Bearing plans to invest 10.2 million yuan to establish a controlling subsidiary

On May 28th, 2014, Nanfang Bearing stated that it plans to invest 10.2 million yuan to establish a controlling subsidiary to produce air-conditioner bearings and expand the auto parts product line.

According to the announcement, in order to broaden the company's business in the bearing and auto parts industry, the company and Haiyah Bearing plans to jointly invest and establish a controlling subsidiary, Jiangsu Nanfang Automobile Compressor Bearing Co., Ltd., with a registered capital of 20 million yuan. Engaged in R&D, manufacturing and sales of air-conditioning bearings and auto parts. Among them, South Bearing invested RMB 10.2 million and its shareholding ratio was 51%.

It is reported that after the establishment of the new company, it will actively participate in the development and transformation of the accessory products of the vehicle manufacturer, timely grasp the requirements for the performance and quality of new components on the new models, and strive to develop synchronously with the automobile assembly companies, synchronize technological development, and develop simultaneously. Global supply needs.

With the steady growth of car sales in recent years, the demand for automotive air-conditioning bearings by vehicle manufacturers is increasing, together with the demand for maintenance markets, the market prospects are very broad. The company believes that the development of special bearings for automotive air-conditioning, especially mid-to-high-end bearings, can not only realize the substitution of imports, but can also achieve considerable economic benefits after the application.

HaiYa Bearing has been specialized in the production and sales of automotive air conditioning bearings and other automotive parts. The South Bearing is the industry leader in needle roller bearings and its core customers are the world's top automotive component manufacturers. At present, the company has similar production processes, equipment and technical personnel, and customer resources, and can further expand the air-conditioning bearings, auto parts product line, to provide customers with more sophisticated and more professional product services.

The company stated that the establishment of a joint venture company is conducive to expanding the company's business as a whole, relying on the advantageous resources of the parties to cooperate, and promoting the rapid development of the company's business has a greater role in promoting.

Insulation Rtp

Appearance: the appearance is black smooth

Flexible composite high pressure conveying pipe (flexible composite pipe for short) is a kind of
non-metallic pipe with multi-layer structure, which is generally composed of inner lining layer,
reinforcing layer and outer protective layer. Flexible composite pipe has certain flexibility and can be
coiled into hundreds of meters to several kilometers to realize continuous laying. Flexible composite
pipe is also called coiled reinforced plastic pipeline pipe and reinforced composite plastic pipe (RTP)
in foreign countries.
Flexible composite pipe can be divided into land flexible composite pipe and downhole flexible
composite pipe according to the laying mode; It can be divided into flexible composite pipes for oil and
gas fields and flexible composite pipes for coal mines. According to the structure, it can be divided
into adhesive flexible composite pipe and non adhesive flexible composite pipe.

Insulation Rtp,Flexible Pvc Pipe,Rectangle Plastic Pipe,High Pressure Delivery Pipes

Shaanxi Yanchang Petroleum Northwest Rubber Flexible Pipe Co., Ltd. , https://www.cnrtp.com