NEWS: The demand for axle sleeves in the automotive industry will not decrease

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Changsheng Bearing (300718) said in a recent survey by an agency that "although the automotive industry is at a low ebb, the demand for axle sleeves will not decrease with the improvement of the localization of automotive parts, and the demand of the automotive industry itself is large, the proportion of goods we have supplied is very small, so the future development space is still huge, we still have many opportunities." Regarding when nuclear power products will be delivered, the company said that it has signed an agreement to deliver nuclear power products by the end of 2019 or 2020 in the process of preparing materials and purchasing raw materials.

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