The company formulates the policy and development planning by completing a new undertaking with development as the guidance, market as the base, quality as the central element, efficiency as the goal”. The company has invested 225 million CNY to build modern plants and introduce advanced equipment technology while an annual investment of 30 million to 50 million CNY is committed to the cause to build Taiho Kogyo Corporation of Yantai in to large modern plain bearings and related accessories production base that integrates materials, bearing R & D, design and manufacturing.