RHTLaw Taylor Wessing congratulates RHT Corporate Advisory on its appointment as the corporate secretarial agent by China Bearing (Singapore) Ltd. (“China Bearing”), a Mainboard Listed Company with effect from 8 April 2013.
Strategically located in Yinan County, Shandong Province of the People’s Republic of China (“PRC”), China Bearing specialises in the design, development, manufacture and sale of bearings under the “Yimeng” brand for use in automobiles, equipment and machinery for the PRC’s industrial, agricultural and automotive sectors. China Bearing has ISO/TS16949:2002 accreditation – an international certification for technical standards required by the European and US vehicle manufacturers.
With a focus on high precision, high value-added tapered roller bearings, the Group designs and produces more than 200 different types of bearings to cater to the varied needs of our customers. China Bearing today owns two production facilities with 96,772 square metres in gross floor area and a combined annual production capacity of approximately 20.3 million sets of micro-sized, light and heavy bearings.
Since its establishment in 1988, the Group has established stable and long-term working relationships with renowned manufacturers in China, including Shandong Shifeng (Group) Co., Ltd, Liaoning SG Axle Joint Stock Co., Ltd, Yantai Timken Co., Ltd, Shaanxi Hande Axle Co., Ltd and Zhucheng Yihe Axle Co., Ltd.
To ensure the competitiveness of its products, the Group places strong emphasis on continual product research and development, and has developed more than 100 new and improved products for its customers since 2003.
The Group’s “Yimeng” product brand name is an established, reputable brand in the PRC, known for its product performance, quality and reliability. To date, the Group has been conferred numerous awards and certifications including, Shandong Production and Research (Industrial Design) Governance Council’s Innovation Award in 2010, named as Shandong Industrial Design Centre in 2010; received a bronze award in the Shandong Province Industrial Design Grand Competition in 2011; Bearing Industry’s Star Enterprise award by the Shandong Province Bearing Association in 2011; National Bearing Industry’s Leading Enterprise award by the China Bearing Industry Association in 2011; Shandong Province Research (Industrial Design) Gold Award in 2011, and Shandong Machinery Science and Technology Progress Award in 2011.
RHTLaw Taylor Wessing’s Corporate and Securities Partner, Mr Chew Kok Liang and RHT Corporate Advisory’s Associate Director, Ms Shirley Tan are the named Company Secretaries for China Bearing.