Japan's NTN holds hands with Changzhou Koyo Bearing Global Auto Parts Purchasing Network Time: 2003-12-8 14:11:52 This report tells the world-famous bearing manufacturer Japan NTN Co., Ltd. (hereinafter referred to as NTN) and Changzhou Koyo Bearing Co., Ltd. (hereinafter referred to as Changzhou Koyo On November 6, 2003, the two companies announced that they will jointly establish Changzhou Entien Precision Bearing Co., Ltd. (tentative name) to produce automotive bearings and set up a bearing technology development center for product design, development, and experimentation. Cheng Shangnan, chairman of Changzhou Guangyang Bearing Co., Ltd., introduced the joint venture company's main production and sales of needle bearings, clutch release bearings, cylindrical roller bearings and other domestic demand will continue to expand the automotive bearings. NTN will combine advanced production technology and scientific management methods with the well-known and well-established sales network that Changzhou Guangyang already owns in the domestic market. Through the production of high-tech and high-value-added automotive bearing new products, it will increase the international value of the joint venture company. Competitiveness. Established in 1918, Japan NTN Co., Ltd. is an internationally renowned company that researches and produces bearings. It has R&D institutions or production bases in 12 countries and regions including Germany, the United States, France, Canada, Australia, Singapore, and South Korea. Since 2002, a joint venture company has been established in Guangzhou, Shanghai, and Zhejiang, and Changzhou Guangyang is the company's fourth partner selected in mainland China. The predecessor of Changzhou Guangyang Bearing Co., Ltd. is Changzhou Needle Roller Bearing Factory. The company has annual production of 30 million sets of bearings, among which the production of automotive needle roller bearings, short cylindrical roller bearings and clutch release bearings ranks first in China, and the product has been China FAW for many years. The Group, Dongfeng Motor Group, China Heavy-duty Truck Group, Shanghai Automotive Co., Ltd. and other automotive gear companies, and other dozens of well-known domestic auto companies supporting, in the Chinese auto manufacturing industry enjoys a good reputation.
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