On Oct 18, SINOMACH Precision released an announcement, announcing that its wholly-owned subsidiary ZYS plans to invest RMB 38.78 million to expand the production scale of wind turbine gearbox bearings. The investment project will add 18 new equipment to the existing production line, aiming to increase annual production capacity to an additional 7,000 to 7,589 sets of wind turbine gearbox bearings.