Tri-Ring Group Corporation is a large provincial state-owned manufacturing enterprise supervised and administrated under the State-owned Assets Supervision and Administration Commission of Hubei Provincial People?s Government (SASAC Hubei) which performs investors? duties on behalf of the government with total assets amounting to RMB 15 billion Yuan, mainly engaged in production and operation of special purpose vehicle, military vehicle, automobile components and CNC metalforming equipment. The corporation?s fully owned subsidiaries and holding companies are located in Wuhan, Shiyan, Xiangyang, Suizhou, Huangshi, Xianning, Huanggang and other cities and its holding company Xiangyang Automobile Bearing Co., Ltd is listed in Shenzhen Stock Exchange. Tri-Ring Group Corporation is the leading enterprise of the machinery and automobile industry of Hubei Province, is selected into China?s Top 500 Enterprises of Manufacturing Industry, and is awarded the honorable titles of National Automobile Parts Export Base Enterprise, National Enterprise of Observing Contracts and Keeping Promises and China Excellent Creditable Enterprise in many consecutive years. The CPC