Recently, our company and its subsidiary company, Luoyang Bearing Research Institute Co., Ltd., both wan the second prize of the technical trading "Top Ten Units" which was first established by Luoyang government. Another subsidiary company, Luoyang Bearing Precision Machinery Co., Ltd. wan the technical trading "Top Ten Fast Units".

To promote the combination of the technology and the economy, and to deepen the national innovation pilot city construction, Luoyang government annually established the special funds of two million RMB to award the "Top Ten Units" and "Top Ten Fast Units" in technical trading.

To meet the qualification of the technical trading "Top Ten Units" and "Top Ten Fast Units", technical contract turnover in previous year must be in top ten, and its growing speed is also in top ten.

The technical contracts turnover of "Top Ten Units" should not be less than 10 million RMB. "Top Ten Fast Units" should have the effective technical contract turnover in two consecutive years, and the technical contracts turnover should not be less than 500,000 RMB. Technical Trading "Top Ten Units" is divided into the first, second and third prize, respectively, being awarded 200,000 RMB, 100,000 RMB, 50,000 RMB. The Technical Trading "Top Ten Fast Units" are rewarded 100,000 RMB respectively.