Luoyang Bearing Science&Technology Co. Obtained 2013 Central Government Subsidies of RMB 15 Million

According to the announcement from Luoyang Bearing Science&Technology Co. on December 30, 2013, the company’s “High-speed Railway and Urban Rail Transit Vehicle Bearing Industrialization” project has been listed among the Science and technology achievement transformation projects and has received 2013 central government subsidies of RMB 15 million, including subsidies of RMB 15 million in 2012, RMB 15 million in 2013, and RMB 2000 million in 2014. At present, the subsidies in 2012 and 2013 have both been received.