World's Most Advanced Car Bearing Project Launched

Yesterday, at the construction site of the LYC (Luoyang) Precision Bearing Project located in Luolong District, the construction personnel were constructing the steel structure of the joint workshop.

With a total investment of 174 million U.S. dollars, an area of ​​233.5 acres and a building area of ​​60,000 square meters, the project will use the world's most advanced car bearing manufacturing technology to produce high-quality second- and third-generation wheel hub bearing units and Needle roller bearings for gearboxes. After the project is completed and put into operation, it will achieve an annual production capacity of 61.94 million sets of precision bearings, sales revenue of 830 million yuan.

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