Facing the challenge of financial crisis, China Ningbo MOS Group Co., Ltd. devotes to increase sales of higher value-added auto bearings while expanding the market share.
Since the international financial crisis exploded last year, the export market which took up 70% in the sales of the company endured heavy losses. On one hand, MOS developed the domestic high-quality customers to soften the impact of the decreasing of export actively; on the other hand, MOS strengthened the work of competition against the large international auto components manufacturers.
The emphasis work of MOS in this year is to develop one of the largest suppliers of auto components in the world - the French Valeo Group. They will make efforts to extend their products from engine bearings to rain wiper bearings and power window bearing.
The auto bearings take up 15% and household appliance bearings take up 50% in existing sales structure of MOS products. The goal of MOS is to make auto bearings sales increase to more than 50%.
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