On May 21 2008 LYC received an order of slewing rings from SIEMENS-VAI who is the worldwide leader in engineering design and equipment manufacture in the iron and steel industry. SIEMENS-VAI’s smelting technology is used by 70% of steelworks worldwide and their market share is as high as 25% in the international metallurgy engineering technology market. 

Other News:
LYC’s product scope expanded to non-bearing products
LYC Receives Slewing Ring Orders from SIEMENS-VAI
LYC received the first order from Terex
LYC launched GPS tracking system in Logistic Distribution
LYC obtains ISO 14001 certificate from IAF
LYC appeared in the China stamp series
On-line Order Tracking System are added on LYC’s New Web Site
LYC were awarded another 15 patents