Date: 2013-07-31

LYC Established New Marketing System

Ten months have now passed since the establishment of LYC bearing Co., Ltd by Luoyang Bearing Corp.(Group) and CYMG (Yongcheng Coal & Electricity Group, which is deeply concerned by most insiders. Now it is reported that the new marketing system has been primarily established. The account receivables have reached an all - time high since August.

The vice general manager Mr. Zhang Xiaojun commented that as the important machine components, bearing will win a promising market in the future. But whether bearing companies can grasp this opportunity or not depends on their competitive abilities.

Since the establishment of LYC, great reform has been taken and a new marketing system has been set up. A new marketing mechanism was established and basic management was reinforced. In this way, the marketing system has been gradually rationalized and standardized. The new company has stepped on the track.

The measures adopted in marketing are described below:

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Hot Products:

Product Model	Inside Diameter	Outside Diameter	Thickness
N324E.M1 bearing	120	260	55
NU2224E.TVP2 bearing	120	215	58

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