China: the World Biggest Precision Axle Manufacturing Base is Being Built in Yangpu, Hainan Province

International chief precision axle manufacturing base is being built in Yangpu Economic Zone, Hainan Province. Fenghua Precision Mechinery Co., Ltd, which produces precision axle locates in Yangpu Economic Development Zone, put into production in Sep, 2002. The enterprise mainly produces precision bearing parts used in the watch, VCD, micro motor, component of computer, mainly exported to Japan, Switzerland etc. At present, the company can produce 0.2 billion micro axles a year. Now, the second time transformation is under construction, the total investment is 0.12 billion RMB. With this, the largest precision axle-manufacturing base is being built.