On October.11th2010，LYC and NTN held the official signing ceremony of the JV at LYC.
The new Joint Venture provides both LYC & NTN the ability to manufacture 2nd and 3rd generation hubs and needle roller bearings with world advanced technology. The capacity is allocated at 50 million pieces per year the goal is to provide optimum quality and high end added-value services to both home and board customer base in 2012.

Other News:
LYC establishes a Joint Venture with the Bearing manufacture NTN
LYC attended the China import and export fair in Guangzhou
LYC took part in Shanghai Bearing and Equipment Exhibition
LYC parent company HNCC ranked the 446th among the 2011 world top 500 enterprises
The EPBS (Earth Pressure Balance Shield) bearing test equipment under the “863 ministry project” has been successfull
LYC passed US GE company ‘s check out
LYC has again been awarded the head of the National Bearing Enterprise for the sixth year in succession.
LYC achieved shield machine spindle bearing short run production