Junan (Shandong) Bearing Technology Group Co. , Ltd.

Junan (Shandong) Bearing Technology Group is jointly invested by State Capital, Ningbo Zhuoda Import and Export Company, Furi Bearing Company, and has strategic cooperation with Ouya (Hong Kong) Transmission Group and CDY Brand. The company has a registered capital of 8.5 million US dollars. It is a group enterprise integrating R&D, manufacturing and sales. The Group will have 32 industry technical backbones, 37 sales elites and more than 1,000 skilled employees. It will make full use of the advantages of state capital and Ningbo companies' advanced manufacturing expertise to realize the leap from sourced raw materials supply to direct export from terminals.

The company has started construction with a total investment of approx. 100 million U.S. dollars, a proposed land use of 200 acres and a construction area of 140,000 square meters. The "Jun'an-International Bearing Industry Port" project is located in Yandian Town, the largest bearing industry base in China. The project is the city's key project, national capital invested project, proposed listing candidate, and is among the "Top Ten Industries" in Shandong Province. The company will have more than 1,200 sets of the most advanced automated equipment in the industry, producing 60 million sets of high-precision bearings annually, with an estimated annual output value of more than one billion US dollars. Each of the 8 workshops will produce 300 different types of finished bearings such as deep groove ball bearings, self-aligning ball bearings, tapered ball bearings, outer spherical bearings, angular contact bearings, etc.

The company has established a international business club to create a better environment for customers from overseas. The club provides free shuttle bus, catering and accommodations for guests from various countries visiting the company for business opportunities. In order to further promote the vision and brand development strategy, the company has established a sales network in many countries selling its products to the United States, Britain, Germany, Latin America, as well as domestic high-end equipment manufacturer. The flagship brand KQYQ and CDY has a high reputation around the world. The company will give full play to its leading edge in technology, take integrity as the foundation of its business, take quality as the life of the company, and strive to become a new benchmark in China's bearing industry.