Baota Industry Co Ltd is a China-based company principally engaged in the bearing business. The Company conducts its business through two segments. The Mechanical Parts Business segment is mainly engaged in the production and sales of bearings and marine electrical appliances. Bearing products are mainly used in the fields of petroleum machinery, metallurgical rolling mills, heavy-duty vehicles, rail transportation, railway trucks and others. Marine electrical products are mainly used in ships. The Other segment is engaged in the provision of demagnetization power cabinets and repair services and commercial factoring. The Company mainly conducts its businesses in the domestic market.
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