Our company is located in Huabei Plain, a bounded place between Hebei and Shandong, enjoying superior geographical position and convenient traffic. Right here our company has made great achievement. Our company established in August 1995, its legal representative is Mr. Zhang HongHai. It is the enterprise mainly producing UC bearings and O type bearings. It covers an area of 12000 square meters, including 4800 square meters construction area. Our bearings factory owns 35% technical staff out of the total amount of workers and the sales force accounts for 25%. The former of the company is Xingtai Honghai Bearings Factory, its production and management had been charged by Provincial Foreign Trade Company and the export value exceeded more than 10 million yuan annually. In order to meet the demands of WTO, our company has got our own import and exports, registered in Tianjin Custom and Qingdao Custom. This year, our company invests 3, 800,000 yuan to carry on technological transformation, upgrade of the equipments, installation of the computer-run automatic devices, at the same time, we carried on the technological innovation to the original lathes and have improved product specifications and working efficiency greatly. Our series of trademarks for bearings were registered in Beijing as FE, FKDand HHB. Furthermore our company has already passed ISO9000 quality authentication system and the products find a good sale in Southeast Asia and Western European countries, such as Korea S., Italy, etc. After the technological transformation, the annual output is estimated for 18 million yuan, profit and tax is 1, 700,000 yuan. We also manage to sell hardware and electrical equipment, agricultural machineries and fittings, light industrial products, mine pulverizer and fittings, automobile fittings and motorcycle fittings. With the development of modernized science and technology at full speed, the production and trade have already crossed over the national boundaries and formed