Longxi Appraised As Provincial High-tech Enterprise


As the notice released by Fujian Provincial Department of Science & Technology, Fujian Provincial Department of Finance, Fujian Provincial State Taxation Administration and Fujian Provincial Local Taxation Administration, Fujian Longxi Bearing Corporation was appraised as one of the first batch of 2008 high-tech enterprise of Fujian Province. According to related laws and regulations, the tax rate of corporate income tax rate will be reduce to 15% from 33% from 2008 to 2010,which bring positive effect on the company.

Fujian Longxi Bearing Corporation was founded in 1958. The main products are spherical plain bearings, tapered roller bearings, AG bearings, deep groove ball bearings, Gear& Gearbox and automobile parts. The annual production capacities are 10 million pieces of spherical plain bearings, 8 million pieces of other kind bearings and 120 thousands pieces of automobile parts.  

The company has set up the quality system and environmental management system according to the international standard of ISO/TS16949, ISO9001 and ISO14001 and passed the certification of TüV Cert.

Source: www.cbia.com.cn
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