Date: 2016-06-29

ZYS set up its research institute in Linqing, Shandong

Shandong Research Institute of Luoyang Bearing Research Institute Co., Ltd. (tentative name, hereinafter referred to as "Institute") , providing technical services, inspection and testing services and consulting and training services for the local enterprises.

With the registered capital of RMB 10 million, the research institute invested RMB 6 million, accounting for 60% of the registered capital.

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