Bearing Manufacturing industry wonderful work

Comrade Wang Bing in 1982 to participate in work, have worked at the former Ministry of Machinery Industry, Luoyang Bearing Research Institute, Zhongshan bearing plant, TCB

Bearing Manufacturing Co., Ltd., served as engineers, technicians, Director, Technology Department, Thin section bearing ,Technical Center, Chief Engineer .

1996 won the Ten Outstanding Youth Science and Technology of Guangdong Province pacesetter" title in 2004, was elected Communist Party of China in Zhongshan City, on behalf of the Eleventh Congress, in 2009 was approved as China Bearing Industry Technology experts, bearing manufacturers has been awarded Excellent Zhongshan Women Scientists , Zhongshan City, outstanding communist , in 2014 was elected National Machinery Industry labor model, theZhongshan outstanding experts · talent title.

She has long been engaged special special bearing design and precision processing technology and unique achievements,high speed bearing , more technical level to solve the military and civilian bearing design, manufacture and technical problems.

including petrochemical equipment clutch bearing

In recent years , the Northwest bearing liabilities has been running at a high state . As of December 31, 2013 , the company 's gearing ratio was 73.86% , current ratio was 0.98 , quick ratio was 0.66 . Higher debt levels , making certain the Northwest bearing debt risk . Recent Northwest bearing non-public offering plan , will allow the company to reduce debt levels , optimize the capital structure possible.
Northwest Slewing bearing   release of " non-public offering of A shares plan" and a major shareholder pagoda Petrochemical released " acquisition report " shows that the price the company will be 4.81 yuan / share issuance stone pagoda directed to 124,740,125 shares, raising total funds 60,000.00 million. Net of issuance costs , giving priority to investment projects of high-end bearings 40,000.00 million surplus does not exceed 20,000.00 million used to supplement working capital.
The company said , assuming that the non-public issue of the successful completion of the program , the largest shareholder after 600 million fund in place , not only the company's asset -liability ratio will significantly reduce the current ratio and quick ratio will be significantly improved, can effectively improve the ability to resist risks , as the company's long-term steady development and lay a solid high speed bearing foundation. At the same time , raised $ 400 million in gold investments for the construction of the bearing industry, "second Five Year Plan" key recommendation of products, including petrochemical equipment bearings, bearing metallurgical equipment , mining machinery and equipment bearing as the representative of large bearings to high-end motor bearings are precision bearings representative to subway cars , as represented Bahn rail vehicle bearing . Implementation of the project can significantly improve the company's profitability, and achieved good social benefits.