Faced with rising raw material prices, and rising labor costs, unfavorable factors Xinmao Bearing Co., Ltd do everything possible to raise funds for additional equipment to expand production capacity, so that processing of bearing rings on cars to reach 50 million units now.

       Established in 2004, settled in the Changshan Xinmao Bearing Co., Ltd. with the Arch City township industrial park, businesses are mainly four-way bearings supporting the original production of bearing rings. The rental of the original more than 500 square meters of factory buildings, the company has leased an additional year, more than 500 square meters of factory buildings, multi-party to raise funds invested more than 40 million yuan, the introduction of semi-automatic hydraulic cars, double-ended grinding machine such as the more advanced设备. In a forging process, while for vehicles to take a direct cut steel car after processing, to increase production. Meanwhile, in order to complete the task four-way bearings under the premise of the enterprises themselves to actively explore other markets, so that products into Hangzhou, Ningbo and other places.

      Enterprise managers said that this year business is in dire straits and development. Founded that year on processing volume of more than 10 million units, 300,000 units last year, this year has reached 50 million units, vehicle processing volume increased every year. Right now, companies are still raising money and preparing to add devices to do their monthly processing volume 600,000 units.