The German subsidiary of Suzhou Bearing Factory Co., Ltd. was recently opened in Stuttgart, a city with an advanced manufacturing industry. This is another important deployment of the globalization strategy after the establishment of offices in the United States and Brazil, and an important milestone in the 60th anniversary of Suzhou Axis Corporation's inspiring and steady development.
From September 18 to 21, the much-anticipated "2014 China International Bearing and Equipment Exhibition" was held in Shanghai World Expo Convention and Exhibition Center. This year's exhibition brought together more than 850 exhibitors from 20 countries and regions, gathering the world's advanced concepts, processing technologies and products of bearings and equipment, attracting more than 50,000 visitors from home and abroad. SBF's "Zhonghua Brand" needle roller bearing series products made a splendid appearance at the exhibition, attracting the attention of many domestic and foreign visitors and buyers.
On August 16, Suzhou Bearing Factory Co., Ltd. held the sixth meeting of the first session of the Board of Directors in the conference room of the company, which was attended by all directors of the company, and all supervisors and senior management attended the meeting. The meeting considered and approved the Half-yearly Report of the Company for 2014, the Proposal on the Election of Mr. Zhu Zhihao as the Chairman of the Company and the Corresponding Change of the Legal Representative, the Proposal on the Addition of the Company's Directors and the Proposal on the Convening of the First Extraordinary General Meeting of Shareholders for 2014. After the meeting, all the supervisors held the third meeting of the first session of the Supervisory Committee, which considered and approved the Half-Year Report of the Company for 2014. The Sixth Meeting of the First Session of the Board of Directors and the Third Meeting of the First Session of the Supervisory Committee of the Company successfully completed the agenda.
On January 24, 266 companies from all over China gathered at the China National Convention Center in Beijing to list their shares on the National Small and Medium Enterprise Stock Transfer System. The stock code is "430418", abbreviated as "SBF".