Founded in 1991, China C&U Group Co., Ltd. (hereinafter referred to as C&U) is a national enterprise group, whose business lines include bearing manufacturing, electromechanical logistics, supermarket chains, auto parts manufacturing and other industries. C&U has established 7 manufacturing bases located in Shanghai, Hangzhou (Zhejiang province), Wuhu (Anhui Province), Wenzhou (Zhejiang province) and other areas. With nearly 7200 employees and fix assets of USD 134,000,000, C&U has 102 subsidiaries either wholly-invested or equity controlled. In 2004, the sales volume of C&U reaches USD 261,000,000. C&U is a key enterprise in Zhejiang province, which is the director member company of the Zhejiang Bearing Association as well as national hi-tech enterprise. The leading product of C&U manufacturing industry is the motor bearing with high precision and low noise, which is proved 100% precision reserve and 100% high-class rate tested by National Bearing Testing Center. È˱¾(C&U) is authorized by Zhejing Municipal Authority as famous combined trademark, and C&U bearings have gained the title of Zhejiang Name Brand Product, which are widely used in famous brand motors, auto and motorcycle manufacturers, etc. home and abroad, among which the low-noise precision auto motor bearing project is listed on the Technology Development Program of China Ministry of Science & Technology. In 1998, C&U received the approval of ISO9002, the approval of QS-9000/VDA6.1 in 2002 by TUV Rheinland Limited, and now ISO/TS 16949:2002 is being introduced into C&U. Standing on the new starting line of history, C&U is devoting itself to three mainstay industries, and also exploring new fields like environment protection industry, energy saving industry, and also auto industry. C&U will continually adhere to the principle of ¡°Credit is the foundation, mutual benefit is the drive, cooperating Unity is the best way¡±. Under these guidelines, C&U will vigorously explore the bearing market abroad, increase the market share of electromechanical logistics, as well as quicken the steps to expand commercial retail market, all of which can strengthen and optimize C&U industry structure.