By Lily Bearings
©2004-2008
Zhejiang Sibi Bearing Co., Ltd recently announced their product orders had bounced back after the gradual products reconstruction. They realized the transformation from low value-added products to the high ones.
Meanwhile, Sibi Bearing kept exploiting and develop the domestic market actively to won more orders from other related enterprises. Currently, the orders have been arranged in May.
According to the report, the workers of Sibi are overtime manufacturing bearing forgings and bearing pieces of fine cars for some large sized enterprises as Wanxiang Group, etc. in recent days.
"we got fewer product orders gradually for the financial crisis in the past several months," Xu Zhijun, the President of Sibi Bearing said, "in order to reply to such financial situation, we decided to adjust our products structure and further develop the new domestic market, which finally resulted in the increased orders for us."