HEBEI ZHONGQI IM&EX CO.LTD - China

Hebei Zhanwang Enterprising Co Ltd is a private high-tec enterprise financed by zhejiang share-holding Group,founded in March,2004 with a registered capital of RMB 60 million . The annual output 10 million universal joints project will be constructed in two phases.The planned total investment is RMB 197 million , among them,the fixed assets investment is RMB 142 million ,the floating capital is RMB 55 million . When the project goes into production , the annual sales is about RMB 236 million , which can earn profits and paid taxes around RMB 56 million . The starting capital of this project is RMB 60 million. The products of this project is cross axle universal joints , mainly for sway systems of auto , machinery,and ship building industries . It uses the adanced foreign process  

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technology and the updated equipment . Its process is : heat forging rough machining heat treatment finish machining detection of defects , demagnetization inspection assemble testing packing and putting into storehouse. The products produced by the company are mainly for the home marlcets . There are over 20 coordinated factories at home , such as Henam Xiuchang Axle Plant Hebei Yulong co , Beichuan co , Beiqi Futian co,Changhe Airplane Industry, with the home markets coverage rate over 10% . Recently Zhanwang Group have joined GKN of US and IMS of UK ,the world's biggest retail contributers.