AUTO SHANGHAI 2009

Auto Shanghai 2009 is organized by China Association of Automobile Manufacturers, China Council for the Promotion of International Trade Shanghai Sub-Council and China Council for the Promotion of International Trade, Automotive Sub-Council, co-organized by Shanghai International Exhibition Co Ltd and MMG-Messe Muenchen International/IMAG-International Messe-und Ausstellungsdienst GmbH, Specially Supported by China Machinery Industry Federation, Supported by The Society of Automotive Engineers of China (SAE China).

Auto Shanghai 2009 will preempt the whole 11 indoor exhibition halls and outdoor temporary venue of Shanghai New International Exhibition Center with a total exhibition scale of 170,000 square meters. Regarding the setting of the schedule, the organizer would make April 20th and 21st 2 days as the media day available only to domestic and overseas media, which aims at facilitating the reports and journalists to report the Auto Shanghai in a comprehensive way and to conduct the interview in a detailed and unfeigned way. April 22nd to 28th are exhibiting day.

The theme of Auto Shanghai 2009 is ‘Art of Innovation’. One of the fiercest challenges we face in 21st century is the global climate changing. The environment is certainly influenced by the rapid development of automobile industry. However such an industry with 100 year long science and technology accumulation will keep creating new technology such as development and promotion of new energy and hybrid power, and the application of energy saving and emission reduction as well, by this way the automobile and latest technology are perfect combined. Auto Shanghai 2009 is expected to not only showing newest automobile and technology, but also innovating the exhibiting design, facility and method, to cultivate an artistic and harmonious atmosphere, within which the visitors and reporters could enjoy automobiles---the perfect art product under the exhibition hall roof, and feel the strength and culture foundation of automobile manufacturers.

The organizers and the co-organizers are going to inheritance the people oriented service standard and innovating and shaping its own character when the show is beginning its 13th pre-organization, which will make the show one of the most ideal and most important show and trading platforms.

website: http://www.autoshanghai.org/en/

C&U Group was awarded as Excellent Supplier by HeLi

On 28^th Nov , under the invitation of Anhui HeLi Co.,Ltd( HeLi fork), the C&U Group Vice Chairman Chen Yanshui, the president from Hangzhou C&U Group Bearing Co.,ltd Weng Yiming and the General Manager Chen Shiqi from Anhui C&U Group Mechanical & Electrical Co.,ltd took part in the 2008 Excellent Supplier Conference organized by the Anhui HeLi Co.,Ltd.

Located in Hefei, Anhui Province , Anhui HeLi Co.,Ltd is one of the best fork manufacturer in China. The Supplier assessment conference, holding by HeLi every three years, this time has chosen 10 Excellent Suppliers through public appraisal among 87 suppliers invited by HeLi . C&U Group is lucky to be one of the Excellent Suppliers between the year of 2006 and 2008.

C&U Group mainly engages in the production of Deep Groove Ball Bearing, Tapered Roller Bearing and Cylindrical Roller Bearing applied to HeLi fork transmission and bridge. Since entered into the HeLi fork supply system in 2004, C&U Group has become the critical supplier of HeLi. We are rewarded as Excellent Supplier by our good products and before or after sale service. (Reported by Xiao Na, Translated by Du Juan.)

Timken cuts 140 jobs

Timken Canada is cutting jobs and slashing production to one shift, fuelling concerns the plant may close.

The St. Thomas manufacturer yesterday issued layoff notices to 140 workers, meaning only 73 will be working Monday.

"It is pretty nasty," said Kathy Cornish, chairperson Local 4906 United Steelworkers, representing workers at the plant.

"People here are numb. We were not anticipating this."

The plant employed more than 300 a few months ago, but since then 73 have been on layoff and another nine were lost to retirements in December.

The greatest concern now is that cutting production to one shift, with its U.S. plants also under-capacity, may spell the death of the local manufacturer, said Cornish.

"The fear is very real. We have heard from the company about cross border issues . . . the plant manager has suggested we would not be viable on one shift," said Cornish.

However, Lorrie Paul Crum, manager of communications for Timken in Ohio, said the layoffs are due to the downturn in manufacturing, and the jobs will return when the economy does. "We are seeing the same thing all over the world, all our facilities are affected by this and we are adjusting production levels," said Crum.

"We are still looking for the bottom, for some sign of recovery and then we will happily put people back to work."

But she sounded an optimistic note on Timken's future in St. Thomas saying "the plant will continue" to operate. Timken manufactures close to its customers and St. Thomas helps supply Ontario, eastern Canada and the northeastern U.S. markets with the tapered bearings it makes, she said.

"We are where our customers are. It does not make sense to ship over long distances and we need to be where the customers are."

Timken has 36 plants in the U.S. and one more in Canada, in British Columbia.

Norman De Bono is a Free Press business reporter.

NORMAN.DEBONO@SUNMEDIA.CA

Xibei Bearing Co. Ltd. Reports Earnings Results for the Year 2008

For the year, the company reported net profit attributable to the group of CNY 22.3111 million or CNY 0.10 per share on main operating turnover of CNY 461.7111 million against net profit attributable to the group of CNY 41.2902 million or CNY 0.19 per share on main operating turnover of CNY 520.0210 million for the same period in 2007.

The company reported adjusted loss per share of CNY 0.03 compared to adjusted earnings per share of CNY 0.06 for the same period a year ago.

Xibei Bearing Co., Ltd. is principally engaged in the manufacture and distribution of various rolling bearings, under the brand name of NXZ. The Company provides over 3,000 types of bearings under nine series. The Company distributes its products in the domestic market (excluding Tibet) and the overseas markets, including Asia, Europe and the Americas. As of December 31, 2007, the Company had three major subsidiaries/associates.

Nbbeco to Be Asian Largest Automobile Bearing Manufacturing Site

On March 22, the workers of Nbbeco Feihong Auto Parts (Sichuan) Co., Ltd were busy working beside the production line at the Product Workshop.

Under the current circumstance of global financial crisis, Nbbeco takes the opportunity to reconstruct its products structure in time based on its advantages of advanced technology and stable market. The miniature bearings specially for mini-autos are welcomed in the market, with the substantial orders now.

Located in Chuangxin Industrial Park of Suining City, Nbbeco currently owns 19 product lines, another 9 fully automatic ones being installed. The annual output for various kinds of bearings is expected to reach 200 million pieces after the finish of those 9 lines, and then the company will become the largest automobile bearing manufacturing base in Asia.

Cooperation Project of Auto Parts Forging Opened in Shanghai

At the beginning of the year of the OX , auto parts industry in Shanghai adds a new force, an new automobile precision forging base formally comes into operation after one year preparation.

This is a joint facility among Shanghai Automobile Gear Works of SAIC Group, Shanghai Baojie Automobile Components and Parts Forging Co., Ltd,and Chongqing Changjiang Bearing Co., Ltd.

The Groundbreaking of this facility was grandly held in Baojie Automobile Company on Feb 18, 2009. The main leaders of the three parties, the related principals of China Forge Association and Shanghai Forge Association as well as some important clients, totally over 80 people were invited to attend this ceremony.

The formally operation of this project has great strategic significance in realizing the optimal configuration of resource,improving performance of auto gear,reducing the cost of auto parts and enhancing market competitiveness for Chongqing Changjiang Bearing Co., Ltd.

Sinotrans Liaoning Company Starts Business Cooperation With ZWZ

Recently, Sinotrans Liaoning Company Limited announced that their marketing department had established a business relationship with ZWZ Bearing Group and would to handle the imported goods transportation of ZWZ.

It was another important business item that Sinotrans developed in the field of bearing industry after signing the comprehensive strategic cooperation agreement with HRB Bearing Group, which is also a significant achievement of the company in their marketing and developing work. 　　

Wafangdian Bearing Group Corporation, short for ZWZ, was initially established in 1938, restructured to be a exclusively State-Owned Company in 1995 and came to B share market as the founder member in 1997.

The dominant products of ZWZ are Industrial bearing、C.V.Joint and Precision Ball Screws which widely applies in railway, automobile, metallurgy, mining, general machinery, petrol, irrigation works, electric power, machine tools, chemical industry, IT, industrial robot, aviation, spaceflight, etc，and are sold to more than ten thousands of domestic customers and more than 80 countries and areas.