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| About KTL： |
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 Dalian Kaitele Machinery Co., Ltd. (Brand KTL), an innovative and technological enterprise, located in No.15 Xinggong road, Industrial Park, Wafangdian city, Liaoning province, China — the “China's Bearing Capital” specializes in designing and manufacturing Super/High precision bearings. KTL has fixed assets 110 million CNY, which occupies 70 thousand ㎡, sales amount 81 million CNY/year.Since its establishment in 2004, the company has been devoted itself to developing and producing high-accuracy bearings with precision class of P5、SP、P4、UP and P2 class, with the size ranging from ID 30 mm to OD 2500 mm.
KTL has passed ISO 9001 2008 quality management system certification. The quality of products is steadily improving. KTL has been one of main suppliers of domestic key enterprises with large machine tools and spindle bearings. Moreover, KTL is bearing the task to innovate and improve domestic technologies of CNC machine tools and bearings. KTL has self-support imports & exports right, our high-/super-precision bearings products have been exported to U.S.A. Italy Ukraine Germany Belgium Poland India Iran and so on different countries and areas. | |
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| About joint-venture company： |
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 Triumph Spindle Technology (Dalian) Co.，LTD. (TST), located at No. 15 Xinggong Road, Industrial Park, Wafangdian City, Liaoning Province, is hi-tech enterprise jointly invested by KMT Group and KTL, with the area of 3,200 square meter, an operation duration of 20 years, total investment of USD 4 million, and registered capital of USD 2.1 million, among which KMT is holding 60% of the shares, while KTL the rest 40%.
Its business is to produce high frequency electric spindle bearings for all kinds of machines and market these bearings in international market. High-frequency electric spindle is hi-tech product embodied both  electrical machinery technology and mechanical technology, mainly designed for high-speed processing technology and used in high-precision CNC mechanical processing equipment. With the rapid development of China CNC machine industry, more high-frequency electric spindle bearings having a worth about RMB 100,000 are needed in the last two or three years. It is expected to start production in July 2008, with output in the first fiscal year of 500 sets and 8,000 sets in the third fiscal year ( 6,000 sets are for home market and 2,000 sets are exported) | |
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| Background of Investment Company： |
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KMT Group is an international enterprise group from Sweden and specializes in providing with advanced and professional products, system solutions and sound services for customers working in machinery and manufacturing industry. It mainly focuses on water-cutting, milling cutting, high-precision grinding and sheet metal processing. For better services, UVA Company, Lixueping Company, Cutting Systems Company and Water Jet Systems Company, which are all under direction of KMT, have established their branches in Shanghai or Beijing, in addition to the Triumph Spindle Technology (Dalian) Company jointly invested with KTL in Wafangdian City, Liaoning Province.
KMT Precision Grinding
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