One Project of ZYS Listed in the Central Government-Supported Projects

Recently, China Ministry of Industry & Information Technology and China National Development and Reform Commission have jointly approved that the project of “Large CNC Machine Tool Electric Spindle and Precision Bearing Industrialization Technology Reform” reported by Luoyang Bearing Science & Technology Co. Ltd. (ZYS) to be listed in the projects in which the China Central Government will invest to propel the industry and the technology reform. The project aims at one of the 16 important specific projects-CNC machine tool supporting electric spindle and precision bearings, which tallies with the national industrial policy. The total investment in this project is up to 220 million RMB; after the project is put on to stream, it is possible to form the supporting capacity of 300 electric spindle and 60,000 sets of precision bearings, which will greatly enhance the localization level of key parts for large CNC machine tool.

2022-12-30